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AAP
AAP
Business
Jack Gramenz, Alex Mitchell and Andrew Brown

Aldi banks on winning customers over opening new stores

Aldi told an inquiry the supermarket chain prefers to grow its customer base over opening stores. (Dan Peled/AAP PHOTOS)

Aldi says it strives to be consistently 20 per cent cheaper than supermarket rivals Woolworths and Coles, as it seeks growth through more customers rather than new stores.

Facing a public hearing for the Australian Competition and Consumer Commission's inquiry into supermarkets on Monday, representatives of the German multinational said a smaller, more effective range of items allowed it to beat the industry's power-players on price.

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