• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Sunday, April 18, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home News

Aldi takes on upmarket competitors with a bigger festive range

by Denton
08/12/2016

RelatedPosts

Corporation Valued At $ 3 Trillion Enters The Crypto Ecosystem

Regulatory Controls Applied To The Crypto Market In Europe

Changpeng Zhao Confesses His Fortune Lies Almost 100% In Digital Assets

EMA Links AstraZeneca Vaccine To Rare Cases Of Thrombi

Load More

Aldi is battling for Christmas shoppers to visit their stores by increasing its festive food and drinks range as it aims to compete with upmarket rivals Marks & Spencer, Waitrose and Fortnum & Mason.

The German discounter said that its Christmas range is 11% bigger this year compared to last, making 2016 its biggest ever line up of a variety of festive products.

Aldi added it was “taking on” Marks & Spencer, Waitrose and Fortnum & Mason with almost 200 items including a range of luxury Christmas hampers, rope-hung boxed smoked Scottish salmon and a jewelled layered pork pie.

Tony Baines, Aldi’s joint managing director of corporate buying, said: “At Christmas we know that people want to treat their family and friends to luxury food and drink. Yet many shoppers are unaware they are spending more than they should for certain products sold by many retailers and supermarkets.

“At Aldi many of our Specially Selected products are sourced from exactly the same suppliers as more expensive food retailers.”

The latest move is further evidence that Aldi is now targeting middle class shoppers, and the group hailed sales of its premium Specially Selected range, which have risen by 25% this year to £600 million.

Aldi now expects a huge growth in sales in this category, which includes dry-aged steaks and champagne, to top £750 million in 2017.

The supermarket sector is currently embroiled in a bitter price war with all of the so-called Big Four supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – coming under increasing pressure from Aldi and Lidl.

Earlier this year Aldi said that sales grew by 12% to £7.7 billion in 2015, with the grocer doubling its turnover in just three years. But while the company confirmed like-for-like sales were in positive territory, chief executive Matthew Barnes admitted they had slowed.

Tags: Christmas
Previous Post

Brits Bamboozled by Financial Jargon

Next Post

More than half of men would prefer to receive cash this Christmas

Related Posts

Corporation Valued At $ 3 Trillion Enters The Crypto Ecosystem
News

Corporation Valued At $ 3 Trillion Enters The Crypto Ecosystem

10/04/2021
Regulatory Controls Applied To The Crypto Market In Europe
News

Regulatory Controls Applied To The Crypto Market In Europe

10/04/2021
Changpeng Zhao Confesses His Fortune Lies Almost 100% In Digital Assets
News

Changpeng Zhao Confesses His Fortune Lies Almost 100% In Digital Assets

10/04/2021
Next Post
Aspects relating to the rise of the British Pound

More than half of men would prefer to receive cash this Christmas

Is your behaviour at home increasing your energy bills?

Are you struggling to get rid of an ex? You're not alone

Beat the Euromillions price hike to £2.50

Beat the Euromillions price hike to £2.50

Latest News

Corporation Valued At $ 3 Trillion Enters The Crypto Ecosystem

Corporation Valued At $ 3 Trillion Enters The Crypto Ecosystem

10/04/2021
Regulatory Controls Applied To The Crypto Market In Europe

Regulatory Controls Applied To The Crypto Market In Europe

10/04/2021
16 Best Crypto Trading Bots (Free & Paid)

16 Best Crypto Trading Bots (Free & Paid)

16/04/2021
Everything you need to know about a VIN Decoder

Everything you need to know about a VIN Decoder

16/04/2021
How to Boost Your Online Presence as a Start-up

How to Boost Your Online Presence as a Start-up

16/04/2021
How To Register A Company in the UK

The Basics of PMP Certification – A Beginner’s Manual

16/04/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.