Aldi pays mega $420m dividend to offshore parent
Newly released accounts reveal the discount supermarket chain made a hefty capital return to Austrian company Hofer KG in 2023.
Source: afr.com
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Aldi says market share gains will continue as costs bite
The discount chain posted more than 2000 out-of-cycle price hikes in 2022, but supplier requests have slowed and its cost inputs are normalising.
Source: afr.com
Retail appointments of the week
Lagardère Travel names new North Asia CEO; Aldi AU CEO takes on global role; Australian retail veteran steps down.
Source: insideretail.asia
Foodies are obsessed with the Aldi Corner Store in Sydney
The Aldi 'Corner Store' in Sydney is half the size of a standard Aldi store but offers additional features not found elsewhere, providing shoppers a 'convenience-driven' experience.
Source: dailymail.co.uk
Aldi Corner Store North Sydney with cafe serving barista-made coffee bakery and self-serve checkouts
Advertisement Aldi Australia has unveiled its first ever Corner Store - complete with freshly pressed orange juice, an in-house café serving barista-made coffee, an artisan bakery and self-serve checkouts. The state-of-the-art store, the first of its kind, has officially opened its doors in North Sydney on Wednesday, offering shoppers a 'convenience-driven' experience on a smaller scale. The small format convenient store under a new concept name is about half the size of a standard Aldi, which typically measures 1,200sq m - and features a new store layout to maximise efficiency, a moder...
Source: dailymail.co.uk