date:Oct 14, 2013
Aldi and Lidl pioneered the concept of discounted food retailing to the detriment of competitors such as Carrefour and their dominance has made it difficult for outside players to make money from supermarkets in Europe's largest economy. Even the mighty Wal-Mart has had to concede defeat.
Aldi Nord generated sales of 11.5 billion euros ($15.6 billion) in its 2,440 stores in Germany last year and expects to raise revenue significantly this year, Focus reported, citing the company.
Aldi Sued, wh