In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Aldi is positioning itself to cash in on America’s growing income inequality and increasing wage stagnation. Specifically, Aldi is the perfect shopping experience for an increasingly cash-strapped middle class. Indeed, Pew Research estimates middle-class Americans’ purchasing power in 2016 had not grown in over 40 years.
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This means that 365; and not the supermarkets, might be the real reason Amazon bought Whole Foods. Therefore both Whole Foods and the US grocery industry might be changed beyond recognition by Amazon and 365.
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The German discounter plans to open 2,500 stores nationwide by 2022, Business Insider reported. That would make Aldi, America’s second largest supermarket operator behind Kroger (NYSE: KR) which operated 2,796 supermarkets and supercenters in 2016.
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My advice to investors is to stay away from Dollar General because it is playing a dangerous game of expansion in an increasingly complex and competitive market. That market is made all the more dangerous by the growing presence of such an aggressive rival as Aldi.
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Aldi is a potent force that is already changing the American grocery business. It may not threaten the big guys, but Aldi will certainly change how and where Americans shop for milk and potato chips.
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Therefore, I do not expect Amazon Fresh to be a major player in brick-and-mortar groceries for a decade. Instead, I think Amazon Fresh will grow slowly in a few affluent regions such as Los Angeles, Chicago, Denver, and Long Island.
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Not since President Richard M. Nixon (R-California) has a major American political figure destroyed himself so fast and so thoroughly. In one day (6 January 2021), Trump betrayed his party and his followers, destroyed his reputation and career, threw his future away, and turned the country against him.
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Dollar General has enormous numbers of new customers, including the 55 million Americans who have filed for unemployment since March 2020. Thus, Dollar General bases its success on ordinary Americans’ misery.
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I think Big Lots (NYSE: BIG) value is questionable because Mr. Market could base his valuation on the company’s real estate value. Currently, Big Lots operates over 1,400 brick and mortar stores in 47 U.S. states.
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Gilead offers many antivirals, including 12 treatments for HIV/AIDS. In addition, Gilead offers treatments for liver disease, inflammation and respiratory disease, the flu, and more. Popular Gilead products include Tamiflu, Sovaldi, Viread, and Descovy.
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