date:Jun 01, 2016
Aldi most profitable supermarket in AU
Aldi is now Australias most profitable supermarket and Coles and Woolworths will find it hard to stop, according to analysis by UBS. We estimate Aldi holds 11% share of the East coast grocery market and has reached a tipping point, with customer acceptance and share of main shops rising at an accelerating rate, says UBS.
Walmart China sales up 5.1% in Q1 2016
Due to the strong performance of its Chinese stores during the Chinese New Year, Walmart China's t