Discount Grocery Aldi Heads Into Wealthier Areas

Are suburban consumers ready to give up the familiar grocery experience for bare-bones stores where they have to do their own bagging and leave a quarter deposit for a shopping cart?

That’s what Aldi and other deep-discount chains are betting as they make a big expansion push across the U.S.

Up until now, the German chain and competitors like Lidl and dollar stores have mostly attracted cash-strapped customers. Now they’re moving into wealthier areas as Americans of all stripes get more budget-conscious and their traditional low-to-middle-income niche gets crowded with competitors. Aldi is going even further in appealing to upscale tastes by stocking some fancier goods, such as organic foods.

To read the rest of the story, please go to: MarketWatch