News Articles for Aldi

Woolworths is taking a massive profit hit from its price war with Coles and Aldi, with the supermarket giant conceding that a recovery could be several years away.

Coles' food and liquor sales growth has eased further as the supermarket price war ramps up with German discounter Aldi's aggressive expansion.

Aldi's $450 million expansion into Western Australia is gathering steam, with the German supermarket giant starting the recruitment process for 400 new staff, and construction under way at 11 of it

The wholesale supplier has lost a huge chunk of its stock market value as it battles the grocery giants.

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

Supermarket giant Aldi has strongly rejected suggestions a deal is in place to buy the Spudshed network of stores from its owner, Tony Galati.

Rents are falling and vacancies in industrial property have hit an all-time high in Perth, as the fallout from the resources slow-down continues to flow into the real estate sector.

Now the boom is over, keeping costs low and margins tight is necessary for survival.

A Perth-based startup is setting about saving the environment, one office building at a time.

Global fashion giant H&M says its first Western Australian store will open at Lakeside Joondalup Shopping City on August 29, while it also appears to be making progress on opening its planned C

The sharks are circling Woolworths, but the size of the business would require suitors to make a significant investment – in cash and time.

EXCLUSIVE: Aldi is continuing to stake its territory in Perth, with Wattle Grove the next frontier for the supermarket giant.

Western Australia's neighbourhood shopping centres are among the standout performers for retail asset sales across Australia, with six transactions this year totalling at least $112 million.

Shopping centre owner Scentre Group has lodged plans to spend $450 million expanding its Westfield Innaloo mall, with the proposal to cater for up to 500 apartments.

Supermarket giant Aldi is facing headwinds on its plan to acquire and demolish the Hilton Fresh shopping centre and construct one of its own supermarkets on the site, with local residents and the City of Fremantle raising concerns over the design of the proposal.

Private investment group Silverleaf Investments has added to its retail portfolio, buying the Millstream Shopping Centre in South Perth for $13.6 million.

Aldi has bought the Captain Stirling Shopping Centre in Nedlands, with the store expected to be among the first of 20 the Germany-based retail giant intends to open in Western Australia between Jun

Lakeside Joondalup Shopping City has secured another international brand coup, with H&M to open its first Western Australian store at the mall later this year, ahead of an expected CBD outlet f

Department store chain Kmart is set to move its Western Australian distribution centre from Canning Vale to Jandakot, with plans in motion to establish a $40 million facility at Jandakot Airport.

UPDATE: Aldi says it's first Western Australian store is set to open in mid-2016, at the state's largest shopping centre, the Lend Lease-owned Lakeside Joon

ALDI Australia has awarded Georgiou Group a construction contract for its Western Australian distribution centre at Jandakot Airport.

Retail property players say international fashion brands are only the beginning of the global onslaught.

Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.

Revised plans for a $50 million revamp of Innaloo Cinema Centre include an Aldi discount supermarket and restaurant, small bar and other hospitality tenancies in the place of a bowling alley previo

Discount supermarket chain ALDI is ramping up its $450 million expansion into Western Australia, with plans set to be approved for a store in Mundaring this week, following approvals for Kwinana, S

7-Eleven Stores has confirmed that it is expanding into Western Australia, as foreshadowed last month by Business News.

A major international franchise chain is preparing the ground for an assault on WA's retail convenience sector.