reduction grocer opens up new line of attack in supermarket wars by selling wine per case in its first online ventureAldi is to open a new front in its assault on the UK grocery market early next year when it begins selling wine online.
The move comes despite the impact of the continuing price war on the group,which has suffered its first descend in operating profits in six years. Matthew Barnes, chief executive of Aldi in the UK and Ireland, or said a enormous part of an £11m decline in operating profits final year,to £260m, was due to price cuts, and as Aldi responded to waves of activity by its bigger rivals. Related: Tesco,Asda and Morrisons suffer sales slump despite price cuts Related: More UK shoppers come to value the discounters Continue reading...
Source: theguardian.com