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Euromonitor: Discounters are fastest-growing grocery channel globally, with Aldi and Lidl actively expanding; consumers have become less likely to spend time seeking bargains, but favor trusted store brands that offer value for money at acceptable quality

British supermarkets' sales of branded items fall 1% year-over-year in four weeks ended June 12, while sales of value ranges rise 12%, own-label products rise 2.9%, boosted by Aldi, Lidl; news comes amid 8.3% rise in grocery inflation: Kantar

Sainsbury's says it has matched Aldi's prices on 250 products as cost of living crisis continues; promotion will cover 20 most popular product lines, will include clearer signage to inform shoppers about which items have been price matched

Aldi to expand to Spain's Canary Islands next July with opening of four stores; to support stores, company is opening logistics platform on island of Gran Canaria, will open three more in August in Tenerife and a fourth in Fuerteventura

Economist: US supermarkets prioritize customer experience over price, but inflation could pressure them to innovate, cut costs; Aldi, Trader Joe's are expanding fastest, which both operate smaller stores, offer more private-label products that cost less

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