Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Ruslan Kogan backs Aldi in retail dogfight

Ruslan Kogan / Screen Shot

Online retail success story Ruslan Kogan has weighed into the supermarket price war, backing bricks and mortar disrupter Aldi in the battle against the Woolworths-Coles duopoly.

“We think Aldi is much stronger business model than Coles and Woolworths, ” he told Business Spectator today.

READ MORE:

“Yes, Coles and Woolworths have 50 years or so on Aldi, so they’ve got a much wider network, but as far as what’s an efficient business model that brings value to the consumer, I’d go for Aldi well before Coles and Woolies.”

Mr Kogan said Aldi’s private label strategy was similar to that pursued by Kogan since its inception in 2006 and tipped this would be the way of retail in the future.

Only last week Coles announced it would expand the number of its own branded products to drive growth, after its rival Woolworths declared plans to match Aldi prices… [READ MORE]

By Mitchell Neems

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

Business

Now Platika joins and elite club of $10 billion plus Israeli firms.

Advertisement