Latest news with #ScottPatton
Yahoo
5 hours ago
- Business
- Yahoo
Aldi Just Made a Major Announcement That Will Make Summer Shopping More Affordable for Millions
For many, stocking up on groceries can cause sticker shock. But Aldi is hoping to alleviate some of that stress this summer. The grocery chain recently announced that it's cutting prices on nearly 25 percent of its selection, including meats, organic produce, and pantry staples, across its 2,400-plus stores through Labor Day. Prices on more than 400 products have been reduced, ranging from BBQ must-haves like organic grass-fed ground beef and homestyle baked beans to summertime favorites like vanilla ice cream and juice pouches. Even pet food products are included. Most of the discounted items are part of Aldi's private label brand, with around six percent being name-brand products. Aldi reports that the price drop will save customers an estimated $100 million based on an internal analysis of promotional pricing and projected sales volumes. According to a recent Pew Research Center survey, most U.S. adults (62 percent) say food costs are extremely or very important to them when deciding what to buy, and two-thirds say they are very concerned about food and consumer goods prices. "Value isn't a trend at Aldi. It's been in our DNA since we opened our first store nearly 50 years ago," Scott Patton, Aldi's chief commercial officer, said in a statement. "This summer, we're going further to deliver more of what sets us apart, great products at the lowest possible prices. With price drops on the season's most-loved products in every aisle, we want to do what we can to help shoppers enjoy more of summer." Aldi also has plans to add more than 225 stores in the U.S. this year, with 75 set to open this summer. Read the original article on Martha Stewart Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Business
- Yahoo
Want to save money on groceries? Aldi slashes summer prices. About the deals
Aldi, a discount grocery store chain, is ramping up savings for customers. The no-frills grocery chain, where you drop a quarter into a slot to use a grocery cart, has announced it will again cut prices over the summer. The annual tradition means prices will drop on almost 25% of Aldi's products, or more than 400 items, including meat and produce. Some prices could drop as much as 33 percent, Aldi chief commercial officer Scott Patton told USA TODAY. The Germany-based discount grocery chain said it will be reducing prices on nearly 25% of its products — more than 400 items including meat and produce — at its more than 2,400 stores. Prices will be reduced as much as 33% on the 400-plus products over the summer, "Summer's for grilling out, camping, concerts, and quality time with friends and family – not stressing over grocery bills," Patton said. "That's why we decided to offer even lower prices on Aldi favorites all summer long. Our unique business model with smaller store footprints, 90% private brands and strong supplier partnerships means we can deliver real savings where other grocers can't." The price cuts began June 5 and will continue through Labor Day, Sept. 1. Aldi announced in February it plans to open more than 225 new stores in 2025 as part of a five-year growth plan to add 800 stores by the end of 2028. As of May 29, 18 Aldi locations due to open soon across Florida, including one that opened June 5 in Ocala. ➤ Hundreds of people marked the opening of the new Marion Oaks ALDI on June 5 About 220 Winn-Dixie and Harveys Supermarket stores purchased by Aldi, will be converted to the smaller, simpler Aldi format by 2027. On Aldi's grand opening page, the chain lists 18 new locations will be coming to Florida: Arcadia, 1737 East Oak St. Aventura, Promenade Shops, 20417 Biscayne Blvd. Boynton Beach, Cobblestone Commons, 8855 Boynton Beach Blvd. Bushnell, Walker Ridge Square, 1122 N Main St. Crystal River, Crystal River Shopping Center, 1651 SE U.S. Highway 19 Deerfield Beach, Crossroads Shopping Center, 301 W Sample Road Fleming Island, Town Center at Eagle Harbor, 1545 County Road 220 Fort Lauderdale, Southland Shopping Center, 941 SW 24th St. Jensen Beach, Palm Breeze Plaza, 1105 NE Jensen Beach Blvd. Lake Wales, Lake Wales Shopping Center, 1860 State Road 60 E Lehigh Acres, 61 Bell Blvd. N Lutz, Sunset Plaza, 18407 US Highway 41 Melbourne, The Ocean Springs Shopping Village, 961 E. Eau Gallie Blvd. Ocala, Marion Oaks Shopping Center, 184 Marion Oaks Blvd. Orlando, Metro West Marketplace, 1403 S Hiawassee Road St. Cloud, 3318 Canoe Creek Road Tampa, 15692 N Dale Mabry Highway The Villages, 820 Old Camp Road Westlake, Grove Market, 5062 Seminole Pratt Whitney Road Aldi is an international chain of no-frills grocery stores with no coupons and few, if any, big-name brand products. There is no meat counter, deli, pharmacy, bakery, or liquor store. There are no elaborate displays, no overhead music, a much smaller selection with few duplicates of item brands, lots of house brands, and fewer open hours. The goal of all of these is to keep prices low, the company said. You pay a quarter to get a shopping cart, which you get back when you return the cart, and you bag your own groceries with empty boxes from the store or bags you bought from home. You can purchase bags at the store if you forget them. This article originally appeared on Florida Times-Union: Aldi lowers prices for summer in annual tradition: Florida locations
Yahoo
2 days ago
- Business
- Yahoo
Aldi summer price cuts: Up to 33% off 400+ items
Aldi is renewing what has become an annual summer tradition: cutting prices on hundreds of seasonal products. The Germany-based discount grocery chain said it will be reducing prices on nearly 25% of its products – more than 400 items including meat and produce – at its more than 2,400 stores. Prices will be reduced as much as 33% on the 400+ products over the summer, Aldi chief commercial officer Scott Patton told USA TODAY. Nearly one in four households shop at Aldi stores, he said, citing Circana data. Aldi's move comes as about two-thirds of Americans (67%) said they remained very concerned about food and consumer goods prices, according to a Pew Research Center survey of 3,589 adults in April. "Summer's for grilling out, camping, concerts, and quality time with friends and family – not stressing over grocery bills," he said. "That's why we decided to offer even lower prices on ALDI favorites all summer long. Our unique business model with smaller store footprints, 90% private brands and strong supplier partnerships means we can deliver real savings where other grocers can't." Starbucks: Upcoming coffee competition draws top baristas for latte art, blind tasting challenges Aldi, which plans to open 225 more stores in the U.S. this year, said its price cuts – kicking in June 5 through Labor Day – will likely save shoppers about $100 million – similar to the amount of money shoppers collectively saved with its reductions last year and more than the $60 million saved in 2023. "Last year's shopper response was overwhelming. Our customers loved it because they could stock up on summer staples without stretching their budgets," Patton said. "Aldi has always been known for quality at low prices, and when we can deliver even more savings for our shoppers, we do." Clancy's: Chili Lime Potato Chips - was $1.89, is now $1.79. Friendly Farms: 2% Ultra-Filtered Milk – was $4.39, is now $3.89. Millville: Protein Pancake Mix – was $3.79, is now $3.49. Mama Cozzi's: Mini Pizza Bagels – was $6.29, is now $5.99. Summit: Popz Prebiotic Soda - was $1.59, is now $1.49. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Aldi summer price cuts: Up to 33% off 400+ items Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Aldi summer price cuts: Up to 33% off 400+ items
Aldi is renewing what has become an annual summer tradition: cutting prices on hundreds of seasonal products. The Germany-based discount grocery chain said it will be reducing prices on nearly 25% of its products – more than 400 items including meat and produce – at its more than 2,400 stores. Prices will be reduced as much as 33% on the 400+ products over the summer, Aldi chief commercial officer Scott Patton told USA TODAY. Nearly one in four households shop at Aldi stores, he said, citing Circana data. Aldi's move comes as about two-thirds of Americans (67%) said they remained very concerned about food and consumer goods prices, according to a Pew Research Center survey of 3,589 adults in April. "Summer's for grilling out, camping, concerts, and quality time with friends and family – not stressing over grocery bills," he said. "That's why we decided to offer even lower prices on ALDI favorites all summer long. Our unique business model with smaller store footprints, 90% private brands and strong supplier partnerships means we can deliver real savings where other grocers can't." Starbucks: Upcoming coffee competition draws top baristas for latte art, blind tasting challenges Aldi, which plans to open 225 more stores in the U.S. this year, said its price cuts – kicking in June 5 through Labor Day – will likely save shoppers about $100 million – similar to the amount of money shoppers collectively saved with its reductions last year and more than the $60 million saved in 2023. "Last year's shopper response was overwhelming. Our customers loved it because they could stock up on summer staples without stretching their budgets," Patton said. "Aldi has always been known for quality at low prices, and when we can deliver even more savings for our shoppers, we do." Clancy's: Chili Lime Potato Chips - was $1.89, is now $1.79. Friendly Farms: 2% Ultra-Filtered Milk – was $4.39, is now $3.89. Millville: Protein Pancake Mix – was $3.79, is now $3.49. Mama Cozzi's: Mini Pizza Bagels – was $6.29, is now $5.99. Summit: Popz Prebiotic Soda - was $1.59, is now $1.49. Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Aldi summer price cuts: Up to 33% off 400+ items
Yahoo
3 days ago
- Business
- Yahoo
Aldi Is Declaring a Summer Full of Savings With Discounts on More Than 400 Items
Aldi is cutting prices on more than 400 summer products across categories like meats, organic produce, and pantry staples in all 2,400 U.S. stores through Labor Day 2025. Consumer concerns about grocery costs are significant, with the Pew Research Center reporting a 28.3% increase in food-at-home prices since January 2020 and 60% of U.S. adults citing food costs as a key factor in their shopping decisions. Aldi credits its ability to maintain low prices to its streamlined operations, including practices such as the quarter-cart system and limited in-store one of the fastest-growing grocery chains in the United States, Aldi is set to become America's favorite supermarket — and the brand is making sure of it by announcing that it's cutting prices on over 400 products for summer. With rising grocery prices posing an ongoing concern for many Americans, it isn't the first time Aldi has made it clear that the chain aims to meet customers where they are. Last year, Aldi CEO Jason Hart emphasized on Good Morning America, 'We don't really focus on what the competition is doing. We're focused on what consumers want and need.' The German chain put its money where its mouth was in 2024 by announcing major discounts on 250 items throughout the summer. This year, Aldi is taking its savings even more seriously by lowering grocery prices on nearly 25% of its products, totaling over 400 items across various aisles — including meats, organic produce, pantry items, and more — in all 2,400 U.S. stores from now through Labor Day. Related: These Aldi Items Are the Answer to Easy Meals, and the Internet Loves Them According to a press release provided to Food & Wine, the brand estimates that it 'will save customers $100 million this summer.' The discounts couldn't have come at a better time: Statistics reveal that two-thirds of Americans are very concerned about the costs of 'food and consumer goods.' "Aldi wants shoppers to focus on what summer is all about — grilling, camping, concerts, and quality time with friends and family — not stressing over grocery bills,' Scott Patton, Aldi's chief commercial officer, tells Food & Wine. 'From grilling essentials to road trip snacks, Aldi is lowering prices on summertime favorites to help stretch our shoppers' savings where it matters most. Customers can look for the red 'price drops' logo in stores and online to easily shop summer favorites at even lower prices." In a recent survey by the Pew Research Center, data revealed that about six in ten adults in the United States consider food costs to be extremely or very important when filling their shopping carts and deciding which products to purchase. The Pew Research Center also reports that 'The cost of food at home has climbed 28.3% since January 2020, before the COVID-19 pandemic hit the U.S.' Beyond that, recent survey data from KPMG indicates that 79% of consumers anticipate price increases for goods, including groceries, in the coming months. At the same time, many households are reporting a decrease in their income compared to last year. Related: Americans Are Turning to Short-Term Loans to Afford Their Groceries Even before these newly announced price cuts, customers have always turned to Aldi for its affordable groceries. Hart says, 'Our customers count on ALDI for the lowest prices of any national grocer, every day, and we never take that trust for granted.' Aldi's summer discounts will feature reduced prices on a wide variety of products, including meats (such as grass-fed ground beef and baby back ribs, both ideal for seasonal cookouts), protein bars, fresh fruits, and sodas. 'While customers may see higher prices at other retailers, we're working hard to unlock even more value for our shoppers, just in time for summer's lineup of holidays and gatherings where food takes center stage,' Hart says. Related: Trump's Tariffs May Add Nearly $5,000 to the Average Family's Annual Grocery Costs Aldi's chief commercial officer, Scott Patton, details that, 'This summer, we're going further to deliver more of what sets us apart, great products at the lowest possible prices. With price drops on the season's most-loved products in every aisle, we want to do what we can to help shoppers enjoy more of summer.' If you're wondering how Aldi can afford to give shoppers such low prices, the supermarket even includes an answer in its press release about the summer savings, emphasizing that this is 'thanks to the intentionally different way the grocer operates. From its famous quarter cart system to the decision to skip music in its stores, Aldi cuts the fluff, so shoppers don't have to cut corners.' This summer, whether you plan to sear steaks for a crowd, grab your favorite ice cream, or buy drinks for the upcoming holiday weekends and backyard barbecues, be sure to take advantage of Aldi's seasonal promotions. Read the original article on Food & Wine Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
