Lidl: A significant threat to U.S. retailers
Aldi’s steady, measured approach to the market has worked well for them and they have nicely adapted the format to the U.S. to brighten the stores, improve the shopping experience and offer an impressive range of high quality private label that has expanded to meet consumer tastes, including healthier products, gluten-free offers and a gourmet line.
- The assortment will be heavily private label driven with a quality range at extremely low prices. Lidl tends to carry more SKUs than Aldi but will still have a very limited range.
- Lidl might carry more national bands initially. They have done this in the past in market entries as a way to accelerate consumer acceptance of the format
- I was very impressed with perishables quality. While limited in scope, the product and packaging was excellent. An in-store bakery was an added twist as well.
After Tesco’s disastrous experience with Fresh & Easy, I would expect Lidl to act with appropriate caution. That said, their format is a proven one and the similarities to Aldi might make it less daunting to earn consumer trial.
As always, competition is fierce in the U.S. and success will not come easy. But, Lidl should be treated as a formidable threat.
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