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re: ALDI paid $1.9 million for land on congested Siegen lane for a new store
Posted on 7/25/22 at 11:44 am to kywildcatfanone
Posted on 7/25/22 at 11:44 am to kywildcatfanone
quote:
There are a lot of money in groceries, no matter what they tell you.
Margins are pretty thin. It's a volume game, which means they absolutely must have the right location. Which usually means spending some big bucks, especially if it's a huge store like Target or Wal Mart.
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