Aldi named Retailer of the Year by trade magazine
ALDI was named 2019 Retailer of the Year by Store Brands Magazine, which covers the private brands industry in retail grocery.
ALDI has 3 retail locations in Montgomery county with another on the way in King of Prussia. Based in Batvia, Illinois, ALDI Supermarket company is making a huge impact in the grocery industry. They are projecting growth from 1,800 stores to 2,500 stores by 2022. Store Brands Magazine granted ALDI the Retailer of the Year award for differentiating itself from the rest of the grocery industry.
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ALDI stands out in the industry by offering a growing selection of quality private brands at a great value. More than 90 percent of ALDI’s products are exclusive, private brands. This has had a strong and direct impact on the growth of private brands nationwide.
“ALDI is disrupting the grocery industry with its fabulous selection of private brands,” said Lawrence Aylward, editor-in-chief of Store Brands. “ALDI’s private brands continue to grow in popularity as it expands. Consumers are discovering they can purchase quality private-branded products at ALDI at value prices.”
Aldi opened its first store in Iowa in 1976 and has continued to grow ever since. Between 2008 and 2018 they have doubled their size in the United States.
“More consumers are being exposed to ALDI and its products,” Aylward said. “And because ALDI offers outstanding private brands, more people trust private brands overall.”
For more information contact Lawrence Aylward at 330-635-2586 or laylward@ensembleiq.com.
Store Brands Magazine is owned by Ensemble IQ, a research and data company in Chicago. Store Brands covers the grocery industry from drug stores to mass merchandisers and club stores. To check out the Store Brands website click here.
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