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Aldi boss says some of rivals' loyalty discounts 'dupe' customers

Photo: BBC

Aldi's UK boss has accused rival supermarket chains of duping customers in some cases with loyalty discounts that start with "unrealistically high prices" and then drop.

Chief executive Giles Hurley said discounts are helpful "when they're real and when they show realistic reductions", but hit out at what he said were unrealistic reductions which "dupe customers".

Aldi is the only major supermarket chain that doesn't operate a loyalty scheme, which are used by millions of shoppers.

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What a US diesel export ban could mean for you

US President Donald Trump has said he would back a ban on diesel producers selling overseas as surging fuel prices hit drivers ahead of the midterm elections. Diesel prices are hovering near a record $6.45 per gallon on average, according to the American Automobile Association (AAA), due to the ongoing US-Israel war with Iran and tight global supplies. Trump and his backers say a US diesel export ban would protect domestic consumers from those rising costs, but experts say it could trigger major economic waves both at home and across the world if it were to happen.