- Kohl’s is adding Aldi to as many as 10 of its locations as the department-store chain looks to drive more traffic to its big-box stores.
- If Whole Foods struck a similar deal with Kohl’s, it would expose the grocer to tens of millions of new customers and make it a bigger threat to companies like Kroger and Walmart, according to Barclays analysts.
- Kohl’s has about 1,100 stores and it has already cleared out space in as many as 300 of them for other retail partners.
Kohl’s is adding the discount grocer Aldi to as many as 10 of its store this year in a pilot test, the company said Thursday.
If Whole Foods struck a similar deal with Kohl’s involving its lower-cost chain of stores, 365 by Whole Foods Market, it could expose the grocery chain to tens of millions of new customers, turning it into an unstoppable threat.See the rest of the story at Business Insider
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See Also:
- Here are all the changes Amazon is making to Whole Foods
- The Amazon and Whole Foods marriage comes with huge questions about what you’ll be able to buy there
- Amazon’s futuristic, cashierless stores could be its ‘Trojan horse’ to conquer traditional retail
SEE ALSO: The Amazon and Whole Foods marriage comes with huge questions about what you’ll be able to buy there
