Exclusive: Aldi raises stakes in U.S. price war with Wal-Mart | Reuters

German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc (WMT.N), according to Chief Executive Jason Hart.

Source: Exclusive: Aldi raises stakes in U.S. price war with Wal-Mart | Reuters

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