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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.

Australia
Germany
German
Anna-mcgrath
Marietta-schorn
Tom-daunt
Greens-led-senate
Far-north-queensland

Austria's Hofer Announces Management Changes

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

Bisamberg
Niederörreich
Austria
Australia
Hagenbrunn
Langenzersdorf
Leobendorf
Vienna
Wien
Slovenia
Stetten
Korneuburg

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.

Germany
Australia
German
Australian
Anna-mcgrath
Marietta-schorn
Trader-joe
Western-australia
Tom-daunt

Retail appointments of the week

Lagardère Travel names new North Asia CEO; Aldi AU CEO takes on global role; Australian retail veteran steps down.

Salzburg
Austria
Singapore
China
Australia
Shanghai
Australian
Anna-mcgrath
Jason-murray
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Keith-tam

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