It was standing room only for the keynote from Dave Rinaldo, President at Aldi, at PLMA’s 2024 Private Label Trade Show. In fact, it was the largest crowd ever for any PLMA event.
There’s good reason why. Aldi is on the fast-track for growth, investing $9 billion to open more than 800 new U.S. locations in the U.S. over the next five years. This will increase its store count from 2,400 to 3,200.
Supplier partnerships are key to its growth, Rinaldo said. The retailer seeks out suppliers that focus on quality and innovation, work to control costs and build shopper trust.
Watch our news report on Rinaldo’s keynote and other highlights of the 2024 Private Label Trade Show here:
Rinaldo thanked PLMA for inviting him and stressed his appreciation for the association and the Private Label Trade Show.
“I’m thrilled to be here kicking off PLMA,” he said.
Rinaldo said he was honored to deliver the keynote because of the growth opportunities that exist for Aldi and the private label industry as a whole. He cited how more and more consumers are trying and switching to private label.
“Shoppers know that they don’t have to sacrifice quality to get savings,” he said.
Rinaldo also emphasized the impact the industry can make beyond the bottom line through the support of foundations such as Alex’s Lemonade Stand Foundation to raise money for childhood cancer research.