FRANKFURT (Thomson Financial) - Aldi, the German discount retailer, plans to open an additional 80 outlets in Australia next year, Michael Kloeters, head of Aldi's Australian operations told Handelsblatt.
He also said Australia's East Coast is a big enough market for 500 Aldi outlets.
Aldi has 150 stores in Australia and has captured a 6.5 pct share of Australia's retail market since its entry six years ago. frederik.richter@thomson.com fr1/ejb COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.