There is chaos in the supermarket world. Amazon has just purchased Whole Foods and that is going to bring down prices and enhance digital grocery shopping. Now we learn that European discount supermarket powerhouse LiDL has formed a beachhead on the east coast by opening its first 20 stores.
And that's not all. ALDI is dramatically ramping up its store counts. All of this means that traditional grocery players Walmart, Albertsons and Kroger are going to have their hands full holding on to customers.
And, by the way, you may ask: "Why should we in the toy and play industry care?" Well, because both of these retailers sell toys.
Both of these German based chains have big plans. An excellent article on CSA informs us that LiDL plans to open 100 stores by 2018 and 630 units generating $8.8 billion in revenue
by 2023. And according to another CSA article, "Aldi accelerates store expansion as supermarket wars heat up", ALDI plans to open another 900 stores over the next five years. Between them that accounts for 1530 doors over the next six years.
If you are not currently selling either of these chains I suggest that you make contact now. ALDI is headquartered in Batavia, IL. and LiDL has its buying office in Arlington, VA.
3500 S Clark St, Arlington, VA 22202
Phone: (844) 747-5435
1200 N Kirk Rd, Batavia, IL 60510
Phone: (630) 879-8100