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Aldi to open up to 70 stores in Western Australia

German supermarket giant Aldi plans to open four stores in Perth in the next two months, in a move one analyst says will force down prices in the state.

Aldi said it would open supermarkets in June in Mirrabooka Square, Kwinana, Belmont and Lakeside Joondalup. The company said it would have 20 stores opened by the end of the year.

“This is an exciting time for the Aldi business and for West Australian shoppers,” managing director Damien Scheidel said in a statement. “The first stores form part of Aldi’s long-term expansion plans, which will see up to 70 stores developed around Western Australia and 1,200 permanent jobs at Aldi.”

(Source: Shanghai Daily )