03/20/2024

Amid Rising Prices, Discount Grocers Smell Opportunity

Aldi and Dollar General plan massive expansions across the U.S.

Aldi plans to add 800 stores over the next four years. Dollar General expects to add that many just this year. And their main rivals have ambitions of their own.

Together, these discount grocers and value retailers are sprinting to meet consumers where they are: hunting for cheaper grocery options.

Prices in the grocery category have surged 25 percent over the past four years, outpacing the overall inflation rate of 20 percent during the same period. That opens the door for discount and value-driven retailers, said John Clear, senior director in the consumer retail group at consulting firm Alvarez & Marsal.

Please select this link to read the complete article from The Washington Post.