Quote:
Originally Posted by Topspinmo
IMO that’s bad investment. Aldi’s model successful , WD IMO not win win situation, will be competing directly with Walmart. Walmart drove IMO at least 70% of grocery stores chains and mom and pop stores out of business. Even drove likes like Kmart into ground not mention dozens more.
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Aldi is a successful multinational company that adapts its stores and offerings to each different country/region. I wouldn't put them in the same category as a mom and pop store or Kmart, which was poorly run for several decades.
Half the stuff that they sell at Aldi are not sold at the same level of quality in Walmart. The prices may be about the same, but why pay the same price at Walmart for the below average quality vs reasonable quality?
I think this will be a great move for Aldi. I'm not rich enough to shop at Publix every time.