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Aldi can close gap on Woolworths and Coles

An Aldi Supermarket
An Aldi Supermarket Source: Getty Images-Matthew Lloyd

THE challenge to Australias supermarket duopoly has only just begun with Aldi on track to grab 10 per cent of the nations grocery spending by 2020, a new report predicts. Investment bank Morgan Stanley says the discount chain will hit $15 billion in annual sales by the end of the decade as it wins over growing numbers of Australian shoppers. Aaron has more.


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By Aaron Wan

Source: SBS



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THE challenge to Australias supermarket duopoly has only just begun with Aldi on track to grab 10 per cent of the nations grocery spending by 2020, a new report predicts. Investment bank Morgan Stanley says the discount chain will hit $15 billion in annual sales by the end of the decade as it wins over growing numbers of Australian shoppers. Aaron has more.



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