Aldi and Lidl come for the corner shop as supermarket war engulfs the high street
Rivals resort to planning objections to slow the march of the German discounters
Source: telegraph.co.uk
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Another Strong Year For Food Discounters; Set To Benefit From Challenging Times Ahead
15th December 2020 Whilst the pandemic has led to a significant improvement in sales performance at the Big Four supermarket multiples, new research highlights that it has also been another year of success for the food discounters with their sales on track grow 11% in 2020. By the end of the year, Mintel predicts shoppers will have spent an estimated £24bn at discounters, mainly Aldi and Lidl. The researcher is also forecasting that the channel’s sales will top £31bn in the next five years, an increase of almost 30%. The strongest players in the food discount sector, Aldi and Lidl, accoun...
Source: kamcity.com