Aldi Acquisition

The Lempert Report
August 22, 2023

Last week was a big week in food where Aldi surprised the entire industry by announcing that they were going to take over Winn-Dixie and Harvey's from southeastern grocers. It adds 400 stores to Aldi's already 2000 stores, bringing their total up to 2400. Once everything is approved, that's going to happen in the next year. But what's so interesting is the acquisition states. The geography is where Aldi has already been doing very well. They've gained market share there. They've converted shoppers and now being able to convert Winn-Dixie shoppers, who are typically value-oriented just like Aldi is, is going to be a huge plus for them.

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