8 ms·

Aldi brand Grocery prices in Germany chain expected to jump 20-50% on Monday

65 points by cwwc 5y ago

noizejoy 5y ago
Article is not in English - and also clickbait, since no examples of 50% given. Highest I could see was an instance of around 30%.
- darekkay 5y ago
  That's not fully clickbait. The article states that Aldi expects (some) prices to rise by 20-50%, which is what the title says. The examples in the text are refering to current/past price increases.
  - thih9 5y ago
    The title omits the “some”, i.e. that that the change affects Aldi’s own brand products.
  - lispm 5y ago
    No, the article says that some of ALDI's purchase (the price ALDI has to pay buying goods) prices are expected to rise 20-50% in the coming weeks.
k__ 5y ago
It only affects meat, sausages, and butter and it's only about one chain in the north of Germany that is known to be extremely cheap to start with. It also seems to be limited to their own brands. So, the title is a bit over the top, I think.
- cwwc 5y ago
  Edited, hopefully more accurate
  - lispm 5y ago
    no, the title is in no way accurate. It's wrong. The chain expects that the prices it has to pay (!) for goods are rising 20-50% in the coming weeks (!). Aldi is expected on monday (today) to rise some (!) of ALDI prices significantly (!) - for meat, butter, ... Einkaufspreis = ALDI buys things, the prices ALDI pays -> expected to rise 20%-50% in the coming weeks Verkaufspreis = ALDI sells things, the prices consumers have to pay -> some prices already are expected to rise significantly on monday
    - n3k5 5y ago
      That's all correct. While researching, I potentially found another mistake: Not sure if others see it the same way, but to me, ‘Aldi brand groceries‘ means that the brand of those products is literally called ‘Aldi’. According to a WAZ article [0], Aldi's house brand for their butter is ‘Milsani’. (By the way, apparently Aldi South's equivalent is ‘Milfina’, which is totally what Awkwafina should change her name to if she becomes a mother.) [0] https://archive.ph/Hyqx9 https://archive.ph/Hyqx9
  - MerelyMortal 5y ago
    You can edit the HN submission title?
durnygbur 5y ago
Here comes the extended bill for your gas. Still the real bill is paid by Ukrainians.
- ClumsyPilot 5y ago
  Indeed, next time it could ve us waking up to a missile entering the living room
bittercynic 5y ago
Google translate to English: https://www1-wdr-de.translate.goog/nachrichten/wirtschaft/preise-lebensmittel-handel-aldi-inflation-100.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp https://www1-wdr-de.translate.goog/nachrichten/wirtschaft/pr...
giantg2 5y ago
"With its discount subsidiary Penny, Rewe" I thought Aldi was a budget chain? Is this even cheaper than that? (They don't have Penny in the US).
- detaro 5y ago
  Different company. Rewe is another large retail group, and their discount subsidary Penny has also announced price increases.
  - giantg2 5y ago
    Oh, thanks. Looks like a reading error on my part.
- Arnt 5y ago
  Penny is comparable to Lidl and the two Aldi chains, and is owned by Rewe. Rewe itself is a bit more expensive, roughly comparable with Edeka.
KarlKemp 5y ago
The 20-50% are not what’s expected for Monday. It’s a quote of the company’s expected rise in wholesale prices. As far as I can tell, only some prices will rise today, and 10-20% seems to be closer to the truth.
sydthrowaway 5y ago
Oh man, California needs an ALDI bigtime
- synicalx 5y ago
  We've had them in Australia for a while now and honestly.... not that amazing. Most products beyond the absolute "staples" like bread, milk, eggs etc are barely any cheaper than our other major supermarket chains. I'm talking cents of difference; a frozen chicken kiev at Coles might cost like $8 and the Aldi version is $7.90. A lot of the brands they sell are almost Aliexpress-grade knock offs of known brands - they'll mimic the branding and packaging of a known brand almost to the point of being an exact copy with a slightly different name. The quality of these knockoffs is also pretty questionable in my experience, but some are actually comparable to the real thing. Another minor complaint - the staff don't pack your bags like every other supermarket, but they also don't have self service checkouts so you get the worst of both worlds and none of the benefit. Every store near me is chronically understaffed as well so actually checking out can take upwards of 10 minutes even during off-peak hours. Overall though it's not much cheaper and the whole thing kind of feels a bit grubby, don't really see any reason to shop there.
  - KarlKemp 5y ago
    I love this bewildered recounting of what is (or at least used to be) the standard German shopping experience :) FWIW their "knock-off" brands frequently, but not always, are the same thing as the premium brands. They sell cheaper stuff to ALDI and use a (purposefully bad) design so as not to dilute the brand. This is more common for single-ingredient products like flour or oats than processed food. And the cashiers at ALDI used to be the best-paid in the sector in the times before barcodes: every ALDI product had a different price, which they knew and punched in extremely quickly. They wouldn't bag anything for you (no supermarket in Germany does), but it tended to go rather fast (too fast for most people to keep up). I said "used to", above, because they have drastically changed in the last decade, now selling fresh vegetables and occasionally even installing lights in their shops.
    - 5y ago

65 points by cwwc 5y ago

Article is not in English - and also clickbait, since no examples of 50% given. Highest I could see was an instance of around 30%.

darekkay 5y ago
That's not fully clickbait. The article states that Aldi expects (some) prices to rise by 20-50%, which is what the title says. The examples in the text are refering to current/past price increases.
- thih9 5y ago
  The title omits the “some”, i.e. that that the change affects Aldi’s own brand products.
- lispm 5y ago
  No, the article says that some of ALDI's purchase (the price ALDI has to pay buying goods) prices are expected to rise 20-50% in the coming weeks.

k__ 5y ago

It only affects meat, sausages, and butter and it's only about one chain in the north of Germany that is known to be extremely cheap to start with. It also seems to be limited to their own brands. So, the title is a bit over the top, I think.

cwwc 5y ago
Edited, hopefully more accurate
- lispm 5y ago
  no, the title is in no way accurate. It's wrong. The chain expects that the prices it has to pay (!) for goods are rising 20-50% in the coming weeks (!). Aldi is expected on monday (today) to rise some (!) of ALDI prices significantly (!) - for meat, butter, ... Einkaufspreis = ALDI buys things, the prices ALDI pays -> expected to rise 20%-50% in the coming weeks Verkaufspreis = ALDI sells things, the prices consumers have to pay -> some prices already are expected to rise significantly on monday
  - n3k5 5y ago
    That's all correct. While researching, I potentially found another mistake: Not sure if others see it the same way, but to me, ‘Aldi brand groceries‘ means that the brand of those products is literally called ‘Aldi’. According to a WAZ article [0], Aldi's house brand for their butter is ‘Milsani’. (By the way, apparently Aldi South's equivalent is ‘Milfina’, which is totally what Awkwafina should change her name to if she becomes a mother.) [0] https://archive.ph/Hyqx9 https://archive.ph/Hyqx9
- MerelyMortal 5y ago
  You can edit the HN submission title?

durnygbur 5y ago

Here comes the extended bill for your gas. Still the real bill is paid by Ukrainians.

ClumsyPilot 5y ago
Indeed, next time it could ve us waking up to a missile entering the living room

bittercynic 5y ago

Google translate to English: https://www1-wdr-de.translate.goog/nachrichten/wirtschaft/preise-lebensmittel-handel-aldi-inflation-100.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp https://www1-wdr-de.translate.goog/nachrichten/wirtschaft/pr...

giantg2 5y ago

"With its discount subsidiary Penny, Rewe" I thought Aldi was a budget chain? Is this even cheaper than that? (They don't have Penny in the US).

detaro 5y ago
Different company. Rewe is another large retail group, and their discount subsidary Penny has also announced price increases.
- giantg2 5y ago
  Oh, thanks. Looks like a reading error on my part.
Arnt 5y ago
Penny is comparable to Lidl and the two Aldi chains, and is owned by Rewe. Rewe itself is a bit more expensive, roughly comparable with Edeka.

KarlKemp 5y ago

The 20-50% are not what’s expected for Monday. It’s a quote of the company’s expected rise in wholesale prices. As far as I can tell, only some prices will rise today, and 10-20% seems to be closer to the truth.

sydthrowaway 5y ago

Oh man, California needs an ALDI bigtime

synicalx 5y ago
We've had them in Australia for a while now and honestly.... not that amazing. Most products beyond the absolute "staples" like bread, milk, eggs etc are barely any cheaper than our other major supermarket chains. I'm talking cents of difference; a frozen chicken kiev at Coles might cost like $8 and the Aldi version is $7.90. A lot of the brands they sell are almost Aliexpress-grade knock offs of known brands - they'll mimic the branding and packaging of a known brand almost to the point of being an exact copy with a slightly different name. The quality of these knockoffs is also pretty questionable in my experience, but some are actually comparable to the real thing. Another minor complaint - the staff don't pack your bags like every other supermarket, but they also don't have self service checkouts so you get the worst of both worlds and none of the benefit. Every store near me is chronically understaffed as well so actually checking out can take upwards of 10 minutes even during off-peak hours. Overall though it's not much cheaper and the whole thing kind of feels a bit grubby, don't really see any reason to shop there.
- KarlKemp 5y ago
  I love this bewildered recounting of what is (or at least used to be) the standard German shopping experience :) FWIW their "knock-off" brands frequently, but not always, are the same thing as the premium brands. They sell cheaper stuff to ALDI and use a (purposefully bad) design so as not to dilute the brand. This is more common for single-ingredient products like flour or oats than processed food. And the cashiers at ALDI used to be the best-paid in the sector in the times before barcodes: every ALDI product had a different price, which they knew and punched in extremely quickly. They wouldn't bag anything for you (no supermarket in Germany does), but it tended to go rather fast (too fast for most people to keep up). I said "used to", above, because they have drastically changed in the last decade, now selling fresh vegetables and occasionally even installing lights in their shops.
  - 5y ago