The recession has helped boost private-label sales, and growth can be long-lasting if retailers continue to focus on quality and innovation
NOT MANY COMPANIES can say 2008 was a good financial year. But Aldi is one of them. The 1,000-unit discount grocer opened 100 new stores last year — double the number it typically opens annually. Although the company declined to release exact sales figures, it said sales performance has been strong. “We're experiencing significant growth this year with store traffic, shopping baskets and store openings,” according to John Bretz, group purchasing director for the Batavia, Ill.-based firm. ...
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