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Aldi Inc ASDA Business increase Scott Patton 

Aldi fires $3.4 billion shot in U.S. supermarket wars

June 12, 2017 By Nandita Bose CHICAGO (Reuters) – German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising the stakes for rivals caught in a price war. Aldi operates 1,600 U.S. stores and earlier this year said it would add another 400 by the end of 2018 and spend $1.6 billion to remodel 1,300 of them. The investment, which raises Aldi’s capital expenditure to at least $5 billion so far this year, comes at…

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Exclusive: Aldi raises stakes in U.S. price war with Wal-Mart

May 11, 2017 By Nandita Bose WHEATON, Ill. (Reuters) – German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc , according to Chief Executive Jason Hart. He plans to maintain that gap going forward. His strategy, previously unreported, centers on adding more private-label goods, which are a retailer’s in-house brands, to win over price-sensitive customers, and a…

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