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Aldi pays mega $420m dividend to offshore parent

Newly released accounts reveal the discount supermarket chain made a hefty capital return to Austrian company Hofer KG in 2023.

Austria s Hofer Announces Management Changes

Austrian discounter Hofer, which is operated by Aldi Süd, has announced changes in its management structure.

Aldi says market share gains will continue as costs bite

The discount chain posted more than 2000 out-of-cycle price hikes in 2022, but supplier requests have slowed and its cost inputs are normalising.

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