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We’re all right Jack, proclaims Aldi as sales jump despite competition

More than a million new customers and sales breaking the £10bn barrier for the first time have added up to a record year of trading at Aldi.

The discount grocery chain said that sales had jumped by 16.4%t to £10.2bn in the year to December 31. This is equivalent to an extra £100m of sales every month and is a higher growth rate than the 13.5 per cent uplift recorded in 2016.

Operating profit rose by 26% to £265.9m. Aldi said that it was growing more than five times faster than the overall grocery market.

Click here for the full Times article (£)

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