Aldi's unique cost-cutting methods have allowed it to become the fastest growing grocery store in the past decade. They are growing at a rate of roughly 100 stores every year. Aldi stocks less inventory, ruthlessly budgets, strategically encourages shoppers to help with maintenance and removes shopping fatigue.
In this video I ventured out to a local Aldi's to explore their unique approach and why they've become a threat to supermarkets around the globe.
Chapters:
0:00 - Aldi's Rapid Growth
0:28 - Starting the Shopping Journey
0:42 - Tactics Aldi Uses to Keep Prices Low
2:42 - Aldi's Aisle of Shame (Aldi Finds)
3:19 - Why Store Size Matters
3:59 - How Aldi Mastered Check-Out Lines
4:46 - Leaving the Store
Business Breakdowns
What makes these different businesses so successful? In this explainer series - we analyze some of the highest performing companies in the world.
#aldi #grocery
