- Aldi reported a 1 per cent dip in annual operating profits to £432.9 million as higher staff pay and price cuts absorbed a 5 per cent rise in turnover to a record £19 billion.
- The discount retailer announced a record £900 million investment for next year to expand its warehouse network and open 40 new stores.
- Britain's fourth-largest supermarket plans to open 30 branches over the coming 10 weeks as part of its long-term aim to reach 1,500 UK locations.
- Aldi committed to further price reductions ahead of Christmas, building on a £340 million discounting campaign implemented earlier this year.
- Chief executive Giles Hurley stressed the importance of food security and making essentials affordable as households continue to face cost-of-living pressures.
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