Aldi and Walmart price war puts pressure on other grocers
June 19, 2017
Aldi is investing billions to expand locations while Walmart is aggressively seeking to lower prices as the two chains battle for share of the U.S. grocery market. The competition between the two is expected to be felt in markets across the country including the Twin Cities area, which is home to a diverse range of national and local grocery store operators.
Recent News
Honda Invests $11 Billion in Canadian EV Hub
Honda Motor, in partnership with undisclosed joint venture collaborators, has announced an $11 billion investment in Ontario, Canada, to establish a robust electric vehicle infrastructure.
Young Affluent Consumers Embrace Luxury Sleep Brands
A rising trend among young affluent consumers is the integration of luxury sleep brands.
Aramark Workers Strike Again at Wells Fargo Center
Aramark workers at the Wells Fargo Center have gone on strike to demand better wages and health care benefits.
Elon Musk’s OpenAI Rival xAI Is Raising $6 Billion in Funding
Elon Musk’s xAI, which came to the market 10 months ago to compete with OpenAI, has raised almost $6 billion in funding.