00:00Aldi plans to open more than 180 new U.S. stores this year as consumers across income levels cut grocery spending and seek lower prices.
00:09The German grocer, now the third largest U.S. grocery chain by store count, continues rapid expansion by entering Maine,
00:16relaunching its website, and adding new distribution centers over the next five years.
00:21Its growth highlights mounting pressure on traditional supermarkets as shoppers increasingly favored discounters
00:27who offer private label staples at lower prices.
00:31While Aldi's market share remains relatively small at 2.8%, industry data shows it is gaining ground as affluent and younger shoppers
00:40shift more of their grocery budgets away from conventional chains.
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