THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Aldi's profits more than double in 2012

Discount supermarket Aldi saw its profits more than double in the UK last year as sales jumped by over 40% to £3.9 billion.

GENERAL MERCHANDISE

Aldi's profits more than double in 2012

Discount supermarket Aldi saw its profits more than double in the UK last year as sales jumped by over 40% to £3.9 billion.

In the year to 31 December 2013, the retailer’s pre-tax profits reached £157.9 million from £70.5 million in 2011.

Throughout the year, the retailer also welcomed record numbers of shoppers and increased both its market share and the average basket size.

Commenting on the success, Aldi joint group managing director in the UK Matthew Barnes, said: “We give customers exactly what they want, which is the best products at the best prices, everyday of the year. We have a simple low pricing offer that customers really understand and we don’t try to confuse them with the likes of multi-buy promotions.”

Some of the best selling products included fresh meat, fruit and vegetables. While Aldi’s fresh meat sales have risen by more than 60% year-on-year for the last three years, fruit and vegetable sales increased by over 49% in 2012.

During the year, Aldi invested £116.5 million in opening 34 new stores and will spend a further £185 million in launching 50 shops in 2013. The retailer said it was on track to open its 500th store in Bury St Edmunds on 31 October. 

According to Kantar Worldpanel , Aldi's market share has risen to a record 3.7% from 3.2% in December 2012.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019