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BRITAIN

Aldi attracts ever more British shoppers

British shoppers are shunning more expensive supermarkets in favour of German discount chain Aldi, figures released on Monday suggested, with profits climbing by 124 percent.

Aldi attracts ever more British shoppers
Photo: DPA

Aldi now has nearly 500 branches across the UK, and in 2012 upped its turnover by 41 percent, to £3.9 billion. Pre-tax profit climbed by 124 percent to £157.9 million.

Both Aldi and its rival fellow German rival Lidl have been experiencing success in the UK for several years and seem to be performing better than the country’s homegrown supermarkets.

“We have a very simple pricing strategy that the consumer understands,” Aldi manager Matthew Barnes told the BBC, which published the figures. “We’re not trying to confuse with our special deals,” he added.

Market experts found that the “Specially Selected” line had been doing particularly well, with a 40 percent increase in sales.

The profit increase is thought to be linked to the difficult economic situation in the UK over the past few years with shoppers looking for cheaper alternatives as living costs rise. Aldi has been working to improve its image abroad and hopes to open 30 more shops there before the end of the year.

DPA/The Local/jcw

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SHOPPING

Danish stores to remove MobilePay from payment options

Over 500 shops in Denmark will no longer offer the popular app MobilePay as a payment option after the platform ordered merchants to purchase new hardware.

Danish stores to remove MobilePay from payment options

The Dagrofa corporation, which owns chains including the Meny and Spar supermarkets, has announced it will remove MobilePay as a payment option in its stores, business media Finans reports.

The decision could impact less than 1 percent of payments in the store which are currently made using MobilePay, the company said.

READ ALSO: 17 essential phone apps to make your life in Denmark easier

“The primary reason is that MobilePay will from now on demand a technical setup for the payment system in stores and with the investment that will neee, we have concluded that’s not the way we want to go,” Dagrofa’s head of communications Morten Vestberg told Finans.

Dagrofa owns the Let-Køb and Min Købmand convenience store chains in addition to Meny and Spar.

The decision will mean MobilePay is removed from some 530 stores altogether, although individual stores may choose to retain the payment app.

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