Holiday shoppers will be grateful to hear that Walmart and Aldi are lowering prices on essential groceries for Thanksgiving and Christmas. Starting November 1, you may see cheaper prices for turkey, ham, and all the fixings as you fill your basket at either store. Walmart also plans to offer ready-to-bake Thanksgiving meals at even lower prices than last year, while Aldi has published a long list of price breaks of up to 50 percent on certain brands of gravy mix, cranberries, fried onions, pumpkin pie filling, and more. “Thanksgiving is all about gratitude, and we’re so grateful for our many loyal customers from coast-to-coast,” said Dave Rinaldo, president of ALDI. “With inflation still looming, we're providing shoppers extra relief to make the holidays a time for celebration, not stress. What’s served on the Thanksgiving table is just as important as who’s sitting around it, so ALDI is delivering big savings on key items so there’s always room for more guests.” Walmart similarly stated that the move was meant to counter inflation—something that concerns 92 percent of its customers. The company also is promoting its 25 top toys under $25 to help families load up on gifts for under the tree. “The holiday season is just around the corner, and Walmart is ready to help our customers plan ahead and save even more for all the kids on their list,” said Brittany Smith, Walmart's vice president of merchandising and toys. “Like every year, Walmart is the place to find amazing deals on an incredible assortment of the most popular toys." Grocery price cuts will continue until the day after Christmas at Walmart and through the end of the year at Aldi.

Discount Retail Chain Lidl, owned by the German Schwarz Group, is claiming a supermarket first with plans to roll out body-worn cameras to all its stores. The discounter has invested £2m to complete the rollout of the security measure across its UK estate by spring 2024. Stores will start to receive the cameras from next month, in a move aimed at improving the safety of staff and customers amid a rise in crime targeting retail. A number of other supermarkets including Tesco, Aldi and Morrisons have also been deploying body cameras in some stores as shoplifting rates soar. Tesco CEO Ken Murphy CEO said in September that staff in all stores would be offered the devices. However, Lidl said its move differed in that it was guaranteeing to put multiple cameras in every store. It comes after MP Sarah Champion wrote to Lidl GB CEO Ryan McDonnell in September asking if he would offer body cameras to staff in a Rotherham store, having witnessed a theft there. “As a business with over 960 stores across the length and breadth of the country, safety and security has always been an absolute priority for us,” said McDonnell. “While our stores are typically safe environments, retail crime is something that is impacting the whole industry. Our investment into ensuring all our stores have body-worn cameras is just one of the ways we’re taking action to protect and provide reassurance to our colleagues and customers.” Lidl last month became a founding member of Project Pegasus, a business and police partnership aiming to tackle serious and organised retail crime, using £60k of funding committed by retailers over two years. McDonnell added: “It is essential the industry comes together to find new and innovative ways to combat serious and organised retail crime across the UK. “Amongst our own initiatives, we’re proud to be part of Project Pegasus, which presents a real opportunity for retailers, police forces, and the Home Office to work together to address the alarming rise of incidents facing retail workers every day.” Read more: Lidl claims supermarket first with guarantee all stores will deploy body cameras | News | The Grocer

Discount Variety Retail Chain Action (owned by the UK PE firm 3I Group) is experiencing a new growth spurt this year: the discounter recorded more than 30% more turnover in the first nine months. The chain is now also lowering the prices of products. Towards 2,500 stores Net sales have risen by 30.5 % to 7.9 billion euros so far this year. This is due to Action's continued expansion: a further 153 new stores were added up to and including September, bringing the total number of stores to 2,416 in 11 European countries. There were also some milestones: in Germany, the discounter opened its 500th store, the 100th store in Austria and the 50th store in Italy. Nevertheless, turnover also increased by 19.2% on a like-for-like basis. The number of customer visits in particular increased, partly thanks to price reductions in the product range. Once again, CEO Hajir Hajji is announcing further price cuts. "Since last summer, we have seen that the trend of higher purchase prices has been reversed, as a result of which we have already been able to reduce the price of more than 900 items (15% of our range), sometimes by more than 10%." Because Action has been around for thirty years now, employees received an anniversary bonus. In September, the chain will also launch its first circular product in its Benelux stores: a storage basket made from recycled plastic from its own operations. More launches of circular products will follow later. Read more: Action lowers prices after 30% growth - RetailDetail EN

German discount supermarket chain Lidl has chosen the city of Zaragoza, in north-eastern Spain, to build its new logistics hub for south-western Europe. The company acquired a 200,000-square-metre plot in the Zaragoza Logistics Platform, PlaZa, on which a warehouse of up to 100,000 square metres will be built, according to Spanish daily El Economista. The hub will be used to supply Lidl stores in Spain, Portugal, France and Italy with non-food products, such as textiles, DIY equipment, and toys. The hub, which is expected to be operational within four years and create hundreds of jobs, will be the company’s largest in southern Europe. Lidl currently has a 150,000-square-metre logistics centre in Barcelona’s Zar Port, from where it manages the merchandise that arrives at the Port of Barcelona from Asia and is destined for final customers in south-western Europe. Logistics Hub The discounter has not released details of the investment on the project, but industry sources estimate it to be at least €100 million. The choice of Zaragoza for the new hub was made by Lidl’s international HQ, which sees the Spanish city as a strategically important location for its southern European operations. With the construction of the new logistics hub in Zaragoza, Lidl will expand its logistics capacity and create a Barcelona-Zaragoza logistics hub. Tailwind Shipping Lines The move is part of Lidl’s efforts to strengthen its supply chain between Asia and Europe, which began last year with the creation of the Tailwind Shipping Lines company, in response to global supply chain disruptions. Tailwind is now expanding its service offerings to third parties. It has increased the frequency of its Tiger Express Service from Bangladesh, to transport more textile products, and added a new stopover in Colombo, Sri Lanka, to its China-Europe service. These changes will allow Tailwind to increase cargo volumes, attract new customers and reduce unit costs, which should benefit Lidl consumers. Currently, Tailwind has eight cargo ships that operate two services: China-Europe and Bangladesh-Europe. The ships are relatively small and make few stops, which allows them to call at less-congested and cheaper ports. This helps to reduce delays and improve response times. Source: El Economista

British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed, providing some relief for consumers as they enter the key Christmas shopping period. Market researcher Kantar said annual grocery inflation was 9.7% in the four weeks to 29 October, down from 11% in last month's report. "While the drop ... is positive news and something of a watershed, consumers will still be feeling the pinch," Fraser McKevitt, head of retail and consumer insight at Kantar, said. "We’re only seeing year on year price falls in a limited number of major categories including butter, dried pasta and milk." Prices are rising fastest in markets such as eggs, sugar confectionery and frozen potato products. Food Inflation The most recent official data showed annual food inflation was 12.1% in September, though prices did fall on the month for the first time in two years. All of the country's major supermarket groups have cut the prices of some essential products in recent months. Last week, Sainsbury's said it had spent £118 million (€135.9 million) since March in keeping prices down. Food inflation's recent downward trajectory is being closely watched by consumers, the Bank of England as it considers interest rates, and lawmakers, given that Prime Minister Rishi Sunak has promised to halve overall inflation this year ahead of a probable national election in 2024. Kantar said grocery sales in the four weeks to 29 October rose by 7.4% compared with last year. It said own-label lines grew by 8.0% over the period, though the gap is narrowing with branded products, which grew at 6.7%. The researcher also noted that the proportion of sales through promotions was up across every grocer versus last year – something that has only happened on one other occasion in nearly ten years. Spending on promotions hit 27.2% of total grocery sales – the highest level since Christmas last year. A separate survey published on Tuesday by Barclays showed British consumer spending grew at the slowest pace in more than a year last month, reflecting concerns about the cost of living in the run-up to Christmas. Top Retailers Tesco emerged as the UK's top retailer with a market share of 27.4%, followed by Sainsbury’s at 15.2% and Asda at 13.6%. Aldi, Morrisons and Lidl accounted for 9.7%, 8.6% and 7.6% of the market, respectively. Lidl emerged as the fastest growing retailer with sales up 14.7% in the latest 12 weeks and market share up by 0.4 percentage points. Aldi sat beside Waitrose as one of only two grocers to witness an increase in the number of shoppers year on year, attracting 207,000 more customers than last year, Kantar noted. Aldi and Waitrose saw sales growth of 13.2% and 5.4%, respectively, in this period. Source: Kantar, ESM #smartdiscount #aldi #lidl #ukretail #supermarkets #competition #waitrose #iceland #coop #ocado #ownbrand #marketanalysis #growth #discount #discountfoodretail #discounter #foodretail #retail #drc #consultancy #discountretailconsulting #retailconsulting #consulting

See video report from Wall Street Journal: Why Is Aldi So Cheap and Successful? | WSJ The Economics Of - YouTube www.youtube.com/watch?v=vT5-cV4oMY8 Source: Wall Street Journal #smartdiscount #aldi #usa #efficiency #discount #discountfoodretail #discounter #foodretail #retail #drc #consultancy #discountretailconsulting #retailconsulting #consulting

Discount Retail Chain Aldi Ireland says it has seen notable changes in the habits of grocery shoppers, which has been accelerated by record inflation levels. Aldi was commenting as it published its financial results for 2022, outlining record sales and customer numbers, despite a fall in overall profitability as the company's price shielding strategy and increased cost base impacted margin. In the 12 months to December 2022, Aldi’s turnover in Ireland grew by a further 1.1% to €2.032 billion, up €24 million on 2021. During the trading period, inflation increased reflecting rising wages, higher energy costs, and rising input prices among suppliers. The retailer said people are shopping around more regularly, but buying less, with more consumers choosing to purchase own-label brands rather than eliminating the product entirely from their shop. It said that there has been a 7% swing in favour of its own private label products during 2022; over 95% of its assortment range. Niall O'Connor, Group Managing Director, Aldi Ireland said the results reflect Aldi’s steadfast commitment to staying true to its discounter DNA. "2022 was the year that solidified the changing nature of how we shop. Households, gripped by higher living costs, now buy more own label and smaller pack sizes, shop more often but buy less, and with an even greater emphasis on value. In this climate, Aldi’s 'we won’t be beaten on price’ commitment continued to resonate, reflected in our rising sales and customer numbers in 2022. "We signalled from the very start of the inflationary surge that we would work hard every day to provide the best value in the market for our customers," Mr O'Connor said. "Just as our customers and suppliers faced rising costs day-to-day, so did we. Despite these rising costs, we took the decision to continue to invest in our people, store expansion and sustainable stores refit programme, while mitigating the worst of the rises on our customers. "We knew it was an approach that would impact our profitability, but over the medium-term, it will continue to prove the right one." He said while the overall inflationary peak is receding, food inflation continues to be stubbornly high at home and abroad. He said where cost conditions improve, Aldi will move quickly to cut prices. "Earlier this year we cut prices on family staples like bread, milk and butter. We will continue to monitor the backdrop and respond proactively as we enter what is typically a very busy Christmas shopping period for consumers." Aldi's footprint increased in 2022 with six additional stores opened in Caherciveen, Clonakilty, Ballina, Tuam, Mountbellew and Ardee, while store refurbishments were completed in Dungloe, Blessington, Greystones, Killorglin and Elysian Cork. Its number of stores nationwide now stands at 160, with plans continuing to increase this further. In September 2023, Aldi announced new contracts with four suppliers, bringing its spend with over 330 Irish suppliers to more than €1.1 billion annually. Aldi recently committed to the new 2024 Living Wage, reaffirming its commitment to being Ireland’s best paying supermarket. Read more: ALDI will cut prices as conditions improve (rte.ie)

Discount Retail Chain Lidl's mother the German Schwarz Group sees that technology is fundamentally changing everyday life, society and the economy. Technical innovations play an important role in the companies of the Schwarz Group in order to further expand the company's position as one of the world's leading retail groups. Safe and sovereign AI is a key technology in this regard. For this reason, the Schwarz Group, together with six other investors, are participating in the second round of financing of Aleph Alpha, the leading developer of artificial intelligence in Germany. The investment is intended to promote AI technology in accordance with European data protection standards and to bring it into application. The investment will help advance AI research and accelerate the development and commercialization of generative AI and large language models for complex and critical applications. This means that artificial intelligence can also be used in sensitive areas such as critical infrastructure, including along the entire value chain of the Schwarz Group. "Artificial intelligence is ubiquitous. Researching them and using them responsibly is why we invest in Aleph Alpha. We want to build trust in this technology and integrate it even more into everyday life. Aleph Alpha's technology meets our requirement for sovereignty in line with our corporate values and is a perfect fit with our sovereign cloud and cyber security solutions. Our goal is to sustainably improve the customer experience and facilitate the workflows of our employees," explains Rolf Schumann, Co-CEO Schwarz Digits. Great potential for AI application in the Schwarz Group – clear code of values Artificial intelligence can be used to optimize processes in all divisions and areas of the Schwarz Group, from administration and trading processes to the production of food or recycling. In addition, the technology also has the potential to enable improvements in customer experience and service. For the companies of the Schwarz Group, it is crucial that sovereign AI is safe, fair, explainable and reliable. These values have been manifested in the jointly developed code of values, the "AI Codex" of the companies of the Schwarz Group, which is also a prerequisite for cooperation with partners. In this internal code, the companies of the Schwarz Group explain, for example, what requirements apply to the use of AI, what goals are pursued with the technology and what responsibility arises from its use. Information on the financing round Aleph Alpha, the leader in explainable and trusted generative AI applications, has raised capital in a Series B funding round and formed key strategic partnerships to launch the next stage of its development in the global AI race. The consortium, consisting of seven new investors, is led by the Innovation Park Artificial Intelligence (Ipai), Bosch Ventures and the companies of the Schwarz Group. Other new investors include Berlin-based Christ&Company Consulting, global edge-to-cloud company Hewlett Packard Enterprise and German software company SAP, as well as investor Burda Principal Investments. Previous investors complete the round. This strategic investment will further strengthen the German and European AI position for the development of sovereign AI. Read more: Lidl-Konzern investiert in KI-Start-up Aleph Alpha - DER SPIEGEL

Discount Retail Chain Lidl's (owned by the German Schwarz Group) controls via its shipping company Tailwind Shipping Lines its Asia-Europe supply chain. This allows it to gain efficiencies that are then translated into the final price for its consumers. The maritime subsidiary has already announced its intention to increase the service to third parties. Tailwind Shipping Lines, Lidl's shipping company key to its 'hard discount' policy. Schwarz's shipping company, Tailwind Shipping Lines, was created in July 2022 with the aim of directly connecting the German discounter's supply markets in Asia with its network of stores in Europe. This shipping subsidiary has played a crucial role in guaranteeing Lidl's supply chain, gaining efficiencies and lowering the final price for the German brand's consumer. Now the shipping company wants to go a step further and increase the share of service it provides to third parties, so it has announced changes to its routes and schedules. Specifically, it has increased the frequency of its Tiger Express Service (TEX) service from Bangladesh in order to load more textile products, while its China-Europe service, Panda Express Service (PEX), has set a new stopover in Colombo, Sri Lanka's capital and most important port. With these adjustments, Tailwind plans to increase loads, attract third-party contracts and reduce unit costs, which should be reflected in the final price of the German discounter's products. "Tailwind thus sharpens its profile as a premium service provider on the Asia-Mediterranean route. In addition to non-food goods for Lidl, we will continue to focus on third-party cargo," said Christian Stangl, CEO of Tailwind Shipping Lines. A Rising Trend Among Retailers The pandemic and geopolitical tensions have caused severe damage to supply chains, prompting several trade and manufacturing giants to take control of their own logistics network. This is a trend that has been on the rise in recent years and experts expect it to continue to increase. "Maritime services have lost reliability, which causes shortages of products on shelves and warehouses and affects the reputation of retailers and brands," say Olga Salvador (BCO's & Reefer Manager at the Port of Barcelona) and Carles Mayol (director of the Container Division at the same institution). Coca-Cola and Ikea are two of the big global brands that have already taken control of their own supply chains. Among food retailers, Lidl is in the lead. Tailwind Shipping Lines, Lidl Instrument Currently, Tailwind Shipping Lines has eight cargo ships divided into two services: the China-Europe line and the Bangladesh-Europe line, both with a duration of 19 days after the announced reorganization. In order to ensure its efficiency, the company traces its routes with few stops. In addition, its relatively modest vessels (5,000 teu or containers) allow it to plan calls at less congested and more economical ports along major shipping routes, which in turn facilitates shorter response times and fewer delays. Read more: Tailwind Shipping Lines, Lidl's shipping company key to its 'hard discount' policy (ampproject.org)

Money saving strategies of households and its impact on the grocery industry Even in developed economies, the past few years posed significant challenges for numerous households. In 2022, consumer price inflation surged to its zenith at 8.3% in the US and 9.2% in the EU, with an even more pronounced impact felt in the domain of food prices. In the EU and UK, food price inflation peaked in March 2023, with a stunning 19.2% and 19.1% increase in prices respectively compared to the preceding year (Statista, 2023). Similarly, the US encountered a notable spike in food price inflation, peaking at 11.4% in August 2022. Given that food expenditures account for a sizable portion of a family's disposable income, many households find themselves compelled to implement strategies to economize on their grocery and foodservice outlay. To address this phenomenon, we've developed the 'downtrading ladder.' This model discerns four distinct modes of downtrading that households actively employ to optimize their food-related expenses (see Figure). In this blog, we will delve into each facet of downtrading and its impact on the business models of retailers and suppliers within the dynamic food landscape. Downtrading trend 1: Promo hunting The least involved downtrading trend is promo hunting. As most retailers follow a HiLo strategy most brands will be regularly on promotion. By studying supermarket flyers and adopting forward buying, households can save considerable amounts of money. In the Netherlands for example promoted sales account for about a quarter of all supermarket sales and the average discount is about 30% off the regular price. On average consumers save 7.5%. Bargain hunters might even save over 10%. In general this is a costly approach for retailers as well as manufacturers, but it offers households extra opportunities to save money. Downtrading trend 2: Product downgrading The act of transitioning to more budget-friendly products can manifest in various ways. For instance, consumers can opt for economical alternatives, such as chicken or pork and canned vegetables and fruits, over pricier items like beef and fresh produce. Additionally, a shift from animal-based proteins (e.g., pork) to plant-based proteins (e.g., beans) is also a means for individuals to cut costs. In cases where consumers prefer to retain their product choices, they can still achieve savings by seeking out more affordable options within the same product group. This might involve transitioning from a widely recognized national brand to a store brand or a fancy label. For example, when comparing diaper prices at the leading Dutch supermarket chain, Albert Heijn, a pack of Pampers baby dry costs €0.40 per diaper, whereas the regular AH store brand is priced at €0.22, and a diaper of AH’s economy store brand is just €0.13 (AH.nl, assessed August 28, 2023). A study of NielsenIQ in 17 European countries showed a growth in the value share of private labels from 35.8% to 37.0% in 2022 compared to 2021 (PLMA, 2023). This phenomenon also suggests that national brands are experiencing a decline in popularity and need to reassess their strategy in the light of the increasing price sensitivity among many households. Downtrading trend 3: Store switching Full-service supermarkets such as Kroger, Carrefour, Tesco, and Albert Heijn are more expensive than discount retailers such as Aldi, Lidl, Trader Joe's, and Walmart. A recent comparison of shopping baskets in the UK revealed that the top four full-service supermarkets (Tesco, Sainsbury’s, ASDA, and Morrisons) are 11.7% pricier than Aldi and Lidl for essential groceries and household items (Which?, 2023). In response, a growing number of UK households have switched stores from the full-service grocers to Aldi and Lidl. From January 2021 to August 2023, the combined market share of Aldi and Lidl in the UK market surged from 13.5% to 17.9%. During the same period, the aforementioned top four full-service supermarket chains experienced a decline in their market share, dropping from 67.9% to 64.2% (Kantarworldpanel.com, accessed August 28th, 2023). Note that this store switching habit might also affect the market share of national brands, as discount retailers such as Aldi and Lidl tend to rely heavily on fancy labels instead of national brands. Downtrading trend 4: Eating in Eating in requires the most behavioral change. It requires the consumer to go to the store themselves, and spend time preparing the meal at home. Because the consumer takes upon themselves to perform many tasks performed by the restaurant, the potential for saving money is greatest. If we compare the cost per plate of simple dishes like a hamburger, preparing it at home can lead to savings of approximately 50-70% compared to fast food outlets and typical burger-centric restaurants. As households tend to allocate up to one third of their food expenditures to dining out (USDA, 2023) much can be saved by eating more at home. Trimming just 10% of a households dining-out instances could potentially curtail food expenses by around 3%, resulting in noticeable savings on your overall food expenditure. In general, this shift in spending patterns will be positive for supermarkets and negative for foodservice outlets. Impact of downtrading effects on the food industry Although supermarket revenues are still increasing due to the high level of food inflation, their sales growth is lower than food inflation. McKinsey estimates that supermarkets in the EU has lost almost 8% of potential sales due to a combination of lower volumes and downtrading habits of shoppers[vi]. Each type of downtrading has a specific effect which may differ per type of retailer (full-service vs discount) and type of manufacturer (national brand vs store brand). We made a brief assessment shown in the table "Overview of downtrading effects". Challenging times for service retailers When evaluating the repercussions of downtrading across various retailer types (see Table), a clear trend emerges: price-focused retailers like Lidl, Aldi, Trader Joe's, and Netto have emerged as the beneficiaries of consumers' downtrading behavior, substantially expanding their market shares. Full-service retailers such as Tesco, Leclerc, Kroger, and Albert Heijn have marginally benefited from the trend of increased home dining, but also faced sales declines as consumers switch to lower-priced product alternatives and budget-friendly retail banners. For example, according to an article in the Wall Street Journal, Kroger said "sales at its supermarkets would likely decline over the next six months as consumers keep a tight leash on spending. Inflation, high interest rates and reduced government benefits are stretching shoppers’ budgets. Lower-income customers are buying smaller items and cheaper products." To remain competitive, these retailers must intensify their efforts to construct price-competitive product assortments compared to the assortments of lower-cost retailers. They can do this by expanding their assortment of economy store brand products and by pressuring the national brands to increase their promotion intensity. Another strategy could be to offer better, fresh, ready-to-eat meals. Can national brand manufacturers hold the high ground? National brand manufacturers face an even more formidable challenge. Profit margins are higher in the foodservice industry than in the fiercely competitive grocery sector. The transition from foodservice to grocery sales might not necessarily dent overall sales figures, but it inevitably exerts pressure on profit margins. Furthermore, the shift towards discounters and store brands presents a significant dilemma for national brand manufacturers. While some may contemplate countering lost market share by raising prices, this approach offers only a temporary respite for margin-related concerns. Historical data reveals that when product capacity utilization drops by 10% or more, the repercussions for manufacturers' profit and loss statements are substantial. The stock market believes that price increases have run its course, just if we look at the share price performance of S&P 500 consumer staples versus the general market. Wall Street is concerned that price increases are not the way forward for CPG Anticipating further escalations in food prices due to industry-wide sustainability initiatives and elevated input costs, any strategy that increases the price gap between national brands and store brands could potentially lead to a further erosion of market shares. Consequently, national brand manufacturers must undertake a thorough reassessment of their price-value equilibrium, questioning the viability of sustaining EBIT margins of 15% or more within the fiercely competitive landscape of the food market. Fighting for market share - in sales as well as volume - will be key to stay vital in the next decade. Source: Linkedin - Laurens Sloot and Jan-Benedict Steenkamp

Discount Retail Chain Aldi USA (German family owned) launches after months of development and tests “with a select group of customers” all across the country, it appears the new Aldi website is finally up and running. We took it upon ourselves to poke around the new Aldi grocery website to scope out what we can expect come the official launch. 1. The site is shoppable. Rather than shop through a third-party retailer, like Instacart, you can now order groceries (and fall decor) for delivery or curbside pickup directly at Aldi’s site. You’ll need to sign up for an Aldi account to get started and, of course, make sure there’s a location that delivers to your zip code (or that you’re willing to travel to). 2. Every product has a price tag. Honestly, this is a BIG deal. It’s nearly impossible to set up a budget if you don’t know how much things cost. Previously, we either had to diligently track grocery prices (and even then things can vary substantially from month to month) or visit an Aldi to see how much any particular product would ring up for (or search via Instacart). With the new site, every item, including the ones sans photos, comes with its own price tag, which means comparing prices and building a budget-friendly shopping list just got easier. Note: While “prices online may vary from those in store,” we also found plenty of examples, like this fall-themed kettle corn, where the online and in-store prices matched. 3. The product photography is way more informative. If you’ve been to Aldi’s site before, then you know product details are scarce. The list of ingredients, nutrition information, allergens, certifications, and even what this cold smoked salmon looks like out of its packaging, for example, were nearly impossible to come by, that is, until now. Many of the products on the new site include images of the back of the packages where a lot of this information lives. (You can also zoom in to read the fine print, to an extent.) Some even show photos of the product au naturel, so you can get a clearer look at what’s underneath the lid. 4. It’s infinitely easier to search for products … but there’s still room for improvement. Okay, let’s face facts: Aldi’s existing site is not the easiest to navigate if you’re, say, trying to find these generously frosted cinnamon rolls. As you’re probably aware, there is no search bar. Instead we’re left to hover over and click/scroll through several categories until we maybe (hopefully) see what we’re looking for. The new version not only has a search bar (where you can type in “cinnamon rolls,” hit “return,” and get served all the cinnamon rolls currently in stores), but it also has more shopper-friendly sorting capabilities, including price, alphabetical order, and brand (although these could use a little fine tuning). Read more: Aldi Is Testing a New Website — Here's Everything We Know So Far | The Kitchn

In the independent research conducted by Institutional Investor Research (II Research), which is considered one of the most respected institutions in the Investor Relations world, BİM was awarded as BEST CORPORATE IN INVESTOR RELATIONS in “2023 Europe & Emerging EMEA Equities Awards - Corporate Awards” in the Large Cap Consumer Companies category across the entire emerging Europe, Middle East and Africa (EMEA) region. We are glad and proud to share this good news with you. We would like to thank especially our Investor Relations team who were the key players in our success, our employees and our investors who deemed us worthy of this award with their votes. As BİM, we will keep working with great effort to be the best in all the areas that we operate.