Low-price grocers like Aldi are winning as consumers trade down | CNN Business

Aldi, which requires a 25-cent deposit to use grocery carts, sells mostly store brands and doesn’t waste time on elaborate displays, might not be for everyone. But more than one million new households shopped at Aldi in the year through September, helping rack up double-digit sales growth in that period. Foot traffic across most of its 2,200 US stores jumped about 10.5% year over year, according to Placer.ai — even as grocery sector visits were about flat.

At Aldi, about 90% of packaged goods are private-label. Aldi nudges shoppers toward its label in multiple ways: Customers who aren’t satisfied with a product get a refund and a replacement as part of the chain’s “Twice as Nice” guarantee. And it often displays its own brands right next to the national brands it carries in stores, putting price differences in stark relief.

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I love Aldi, they have great items, like a more accessible Trader Joe's, I wish we had one in the city I live.

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Samsung Expects Earnings to Slump as Consumer Spending SlipsSamsung Electronics is expected to see its third-quarter profits slump as the company's mainstay memory-chip and smartphone businesses feel the effects of curbed consumer spending I don’t think it is due to curbed consumer spending, it is more likely due to their products are faulty and poorly made 😬 Samsung A series is a good performance vs cost. translation: Bidenomics
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