“Last year, its stores attracted 924 million visits, making it the third-most visited supermarket in America after Kroger and Publix.” Later on the article says there are 1 billion visits annually, so it seems that Aldi had 10% of footfall, which is pretty impressive penetration.
Growth is stupid way of comparing…
Growth is only relevant for stock hodlers
(Not real numbers)
AkA 0.1% -> 1.5% 🥳1500% growth
50% -> 75% 😒 only 50% growth
Yes, and in a saturated market like supermarket retail, “fastest growing” is mathematically guaranteed to be a company without so much penetration.
Also the article is a blatant advertorial for Aldi cooked up as a way of advertising on Reddit/Lemmy without having to pay. Don’t upvote it.
“Last year, its stores attracted 924 million visits, making it the third-most visited supermarket in America after Kroger and Publix.” Later on the article says there are 1 billion visits annually, so it seems that Aldi had 10% of footfall, which is pretty impressive penetration.
“Aldi gets almost as much penetration as your mom.”