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Due to the intense competition in Germany, companies such as ALDI and Lidl are far more efficient than grocery stores in other countries, particularly the UK an
by G2kyd7 9y ago
Due to the intense competition in Germany, companies such as ALDI and Lidl are far more efficient than grocery stores in other countries, particularly the UK and US. Walmart tried to enter the German market years ago and was sent packing shortly after. The reason why the German stores are expanding is because there is very little profit to be made in Germany, whereas in other countries margins are much higher in supermarkets.
- rmoriz 9y agoAlso all three (Lidl/Schwarz Gruppe, Aldi Nord, Aldi Süd) are private companies and somewhat obfuscated. No shareholders demanding high dividend yield or quarterly forecasts. They operate in secrecy, even when the ALDI founders died, the most recent photos available to the public of both were made 30 years ago.