Thursday 11 July 2024

Aldi Still UK’s Cheapest Supermarket, Even When Compared To Loyalty Pricing Schemes

 Aldi Still UK’s Cheapest Supermarket, Even When Compared To Loyalty Pricing Schemes



After including loyalty prices for the first time in its monthly grocery goods price comparison, consumer group Which? found that Aldi still came out cheaper than Tesco and Sainsbury’s.

On a basket of 65 items, Aldi’s total came to £118.41. This was £14.49 cheaper than Sainsbury’s and £12.49 cheaper than Tesco for an equivalent list of items, even when discounts from their respective Nectar and Clubcard Prices schemes are included.

Julie Ashfield, Managing Director of Buying at Aldi UK, said: “With many households still struggling to make ends meet, we’re more committed than ever to remaining the UK’s cheapest supermarket. This latest Which? analysis shows that Aldi prices just can’t be matched, even with a loyalty card!

“At Aldi, we’re dedicated to having clear, consistently low, prices so shoppers know how much they’re spending long before they get to the till. And we’re really proud of the award-winning quality of the products we’re providing at these amazing prices.”

Aldi has seen its sales performance weaken this year as Tesco and Sainsbury’s step up their efforts to combat the discounters by expanding their price match schemes. Aldi has also faced price matching on new fronts in 2024, with Asda and Morrisons launching their own versions that also match Lidl.

In response, Aldi has ramped up its marketing activity and pledged to reduce more prices in 2024 than in any previous year, with it expecting to top the £380m investment it made in 2023.

NamNews Implications:
* But why the slowdown in growth?
* Aldi are determined to keep this ‘Cheapest Supermarket’ title”’
* ”..’by reducing more prices in 2024 than in any previous year…
* …with it expecting to top the £380m investment it made in 2023’
* Watch this space…
hashtagAldi hashtagCheapestSupermarket

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