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Supermarket chain investing $1.6 billion in store remodels
Discount grocer Aldi is not about to let any new competitors — home-grown or fellow German imports — get the best of it. The retailer has announced an aggressive $1.6 billion investment in its stores, with plans to remodel and expand more than 1,300 of its locations by 2020. The announcement comes as competition heats up in the value grocery segment, which is bracing itself for the entry of Germany’s Lidl. At the same, Whole Foods Market continues to expand its new, less pricey format, 365 by Whole Foods. -
Target tops among retailers in this key area
Target Corp. leads other retailers when it comes to reaching and attracting qualified talent. The discounter ranked the highest (at No. 26) among Fortune 500 retail-ers for employment branding in a study by global talent solutions com-pany WilsonHCG. Target was followed by Publix (No. 42), The Home Depot (No. 50), Walmart (No. 64), Nordstrom (No. 77) and Whole Foods Market (No. 115). No retailer cracked the top 10, which was led by Gen-eral Electric, Johnson & Johnson and AT&T.

