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Why Aldi Is America’s Fastest Growing Grocery Store WSJ The Economics Of
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=vT5-cV4oMY8
Aldi’s ‘no-frills’ strategy has helped make it one of the cheapest and the fastest growing grocery stores in the U.S. For the past decade, it’s been growing at a rate of about 100 stores per year and thrives in economic downturns. Aldi helps keep expenses low by stocking less: Trader Joe’s stocks around 4,000 products where Aldi only carries around 1,600 products. • WSJ explains why its unique approach to the shopping experience makes it a threat to supermarkets. • Chapters: • 0:00 Rapid growth rate • 0:33 Keeping expenses low • 2:01 Low-cost image • 3:38 Competing with other discount grocers • 5:06 Aldi’s growth during tough times • The Economics Of • How do the world's most successful companies generate revenue? In this explainer series, we'll dive into the surprising stories behind how businesses work--exploring everything from Costco's treasure-hunt model to the economics behind Amazon's AWS. • #Aldi #Grocery #WSJ
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