Aldi

Aldi is a global discount supermarket chain that was founded in Germany in 1946. The company operates more than 12,000 stores across 20 countries, including the United States, the United Kingdom, and Australia.

Business Model

Aldi's business model is based on offering high-quality products at low prices. To achieve this, the company maintains a streamlined supply chain and limits the number of products it offers in its stores. Aldi stores are typically smaller than traditional supermarkets, with a focus on offering a limited selection of staple items such as fresh produce, meat, dairy, and household essentials. The company also offers a variety of private label products, which are typically less expensive than national brand equivalents.

Sustainability

Aldi has made a commitment to sustainability, with a focus on reducing waste, conserving resources, and supporting sustainable agriculture. The company has implemented a number of initiatives to reduce waste, including a program to eliminate single-use plastics in its stores and a commitment to source 100% sustainable cocoa for its private label chocolate products. Aldi has also made a commitment to source all of its own-brand fresh meat, dairy, and eggs from suppliers who meet strict animal welfare standards.

Community Engagement

Aldi is involved in a variety of community engagement initiatives, including supporting local food banks and charitable organizations. The company also offers a number of programs to support local farmers and producers, such as its "Growing for Good" program, which provides financial assistance and support to small-scale farmers. Aldi has also been recognized for its commitment to diversity and inclusion, including being named to the Human Rights Campaign Foundation's 2020 Corporate Equality Index, which evaluates companies on their policies and practices related to LGBTQ workplace equality.

See also

• Discount store
• Private label
• Sustainability
• Corporate social responsibility