Aldi and Save-A-Lot Benefit from Downturn
April 30th, 2008
Germany-based Aldi plans to open up 28 new stores in Tennessee in the next few years, while Supervalu-owned Save-A-Lot reported a 30% increase in net earnings for the 4th quarter. Consumers are turning to these and other limited assortment stores in the face of sky-high food prices, which have increased across the board by 4% [...]