As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.
This week the discount grocery chain Aldi started opening new stores in Southern California as part of a $3 billion expansion plan. The German company aims to have 2,000 U.S. stores operating in the next couple years, up from about 1,400 today. Aldi will face a competitive grocery market in southern California. But retail experts said they expect Aldi will succeed with its expansion. Its no-frills, low-price model is making it one of the fastest growing food retailers today.
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