Aldi has become one of Europe's most powerful food retailers through its focus on low-cost, no-frills operations and deep discount pricing. Now the question is whether it can accelerate its growth in the United States -- and maintain its momentum in Europe. The company, which is based in Essen, Germany, has been expanding in the United States over the last five years and now has close to 500 stores under the Aldi banner, with estimated annual sales of about $2.3 billion. Aldi hopes to ...
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