Discount Grocers Lidl and Aldi get ready for Battle
Summarize the article (link below)—include answers for the following questions and conclude with your prediction for the future growth of Lidl and Aldi.
Update: Lidl has finally broken ground and is starting to build the store!
1. Why is Lidl planning to blanket the Jersey Shore with new stores? What are the challenges?
2. How are Aldi and Lidl similar and also different?
3. Amazon is also in the food business and now has even applied for a liquor license for its secretive drive-through grocery store in Seattle (which they describe as "a new model of grocery shopping.") Should Lidl and Aldi be worried?
http://www.app.com/story/money/business/consumer/2017/02/17/lidl-aldi-supermarket/97962150/ (Links to an external site.)Links to an external site.
1.Lidl is planning to blanket the Jersey Shore with new stores so as to increase the market share by capturing the consumer demand. The challenge is the competion which is striking , price wars , quantity wars and capturing the market share.
2. Lidl is different in the sense that it a larger store( area wise) and has offers more recoganizable brand names at lower discounts. They are similar in the sense that they are two major discount stores in germany with many upcoming stores in U.s
3. Yes , since Lidl anD Aldi doesnot have have a big market share IN U.s (seattle) , they need to come with alternative investment to tackle amazon's plans.
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