for now at least aldi has got momentum.ime. nasser kurdy was attacked in greater manchester yesterday. he was taken to hospital, and has since been discharged. police are questioning two men over the attack, as judith moritz reports. i don't know. he had something in his hand. moments after he was stabbed, this is nasser kurdy inside the mosque where he had gone for prayers. mr kurdy was on his way into the building when he became aware of another man across the road. moments later, he was attacked. so i had to run into the hall and i felt threatened. today, he is recovering at home, and is very thankful to be alive. i remember a heavy blow to the back of my neck. and that was after i've entered the premises. it was a total shock. i genuinely felt he was going to run after me into the mosque and just carry on what he started. it felt that way. the anger that was coming across was quite clear to me. greater manchester police are treating the attack as a hate crime but have not classified it as terrorist related. they've arre

it's the aldi way, one of the most disruptive forces in british retail.hrough our stores. meet the boss who has been instrumental in pulling in more affluent shoppers. in his first broadcast interview he told me why aldi is expanding with a new store every week. i think the potential for that growth in future is tremendously exciting and that's why we continue to invest and where others are scaling back we are most definitely scaling up. it really was no frills when this privately owned business first arrived in the uk. it's come a long way, including selling fresh produce. and now it's improving its stores. for aldi, it's all about economies of scale and being lean and efficient. take these nappies. the bar codes are everywhere to speed up scanning at the checkouts. and the way it's stacked it doesn't change, from the warehouse to the shelf. minimum handling saves time and money, pioneered by the discounters. they have had a seismic effect on the big four in particular and especially now, it's still the case because inflation has returned to the market a

. >> to keep pace with amazon whole foods or aldi, they're coming in aggressively to tablg market share for them. >> but david, this is a stock show you could say gross margins can be destroyed, but walmart came back from the abyss. it's up 14% >> is that a reason to not be a walmart? >> i think people know they're going with the best in profess until. in the space so if you're not going with amazon, i think people are starting to decipher the difference between an amazon and walmart. they thought it was only one >> from the jugular, they don't care about breaking in business even needs to make money. amazon is no -- >> let me ask you guys this. okay, amazon buys whole foods. you think all of a sudden, whole foods prices are going to be walmart or kroger like no >> did you see the price cuts whole foods put out there? >> on select items >> they had $700 million of operating income year. whole foods did -- get back to prime numbers. people are going to sign up and guess what, aldi is going to commit as well they are in walmart's wheel house now when it comes to competition and price. wal

on shelves at aldi tomorrow. so, it's like you cannot find -- exactly.r watch. >> i'm checking my watch right now. >> check the time. make plans, okay? happy hour somewhere tomorrow. >> got to check map quest to find an aldi's. >> oh, so shady, leon. well, i'll be checking. i'll be checking for it. >> check and let me know next week how it is, all right? >> i will. it won so many awards. >> vick jagger magic 103.2. pat, over to you? >> thank you both. maybe you want the iphone but you're not ready to shell out that thousand dollars cash. the new apple operating system was released today. four things you need to know before you download that. >>> also, same name, same birthday, but very different past. how far a case identity has forced one man t sweet 4k tv, mr. peterson. thanks. pretty psyched. did you get fios too? no. mr. peterson, fios is a 100% fiber optic-network. what does that mean? think about it. if you got an awesome new car you'd put the best gas in it, right. so why hook up your awesome technology to anything other than a fiber-optic network

let's start with the remarkable figures from aldi, why the drop in profits?ng to impact on their margins and we have had inflationary pressures which have increased costs. so i think that's what is to blame for the drop in margins. they are spending a lot of money revamping existing stores, £300 million hand set aside and they have got big plans to open extra stores. 1,000 stores by 20228. ambitious strategic plans from them. how vicious and how much further and deeper can this supermarket price war cutting campaign deeper can this supermarket price warcutting campaign go? deeper can this supermarket price war cutting campaign go? well, hopefully from a consumer's point of view, it can go lower. aldi said they want to be the lowest priced grocer in the uk, but that comes at a cost. and that's why we have seen margins coming under pressure. let's look at this proposal on limiting the amount of interest on credit card debt. this shows just how seriously we as a society now are taking the question of credit ca rd are taking the question of credit card debt. how

the boss of aldi there.t the latest uk chip maker to be bought by a foreign investor. britain has to boost power generation by around a quarter if it's to meet demand for electric cars and electric heating. that's according to scottishpower — which says much more investment is needed to handle the rapid charging of car batteries. unilever has agreed to buy the cosmetics firm carver korea for £2 billion from a group led by goldman sachs. unilever says carver is the fastest—growing skincare business in south korea. let's have a quick look at the markets. losses on the ftse, the banking sector are not doing very well at all. better news in germany where the markets are relieved about the general elections there. here in the general elections there. here in the uk, shares in shares in imagination technologies have jumped 30% — that's after news that's after news that its about to be bought. earlier this year its shares lost 60% after it was dropped by its main customer apple. the euro slipped after germany's ele

chantilly to haymarket south of aldie is moderate activity, move off to sterling to potomac at 11:53 and maybe all the way to wheaton at 12:15. futurecast 9 a.m. showers, 57 in gaithersburg. by noon we're still looking at upper of its and low 60s -- 50s and low 60s with scattered showers throughout the morning. hurricane irma category 3 now and it's moving to the west about 12 miles an hour. it's going to be forecast become a category 4 next wednesday. we'll come back and show you all the computer models and where they're taking it over the next. >> days. >>> we got some breaking news now, -- next nine days. >>> we got some breaking news now, another fire outside the chemical plant in houston, the thick black smoke, where a chemical storage trailer exploded yesterday. flooding knocked out the system that keeps the chemicals stable. fire officials expect more fires to pop up. they'll keep putting them out. the smoke can irritate eyes and nose and lungs, but it's not clear yet just how serious a health risk it poses. i let's get to the headlines in -- >>> let's get to the headlines in

>> the retail business will continue to be -- it's going to be a graveyard for companies including aldi, probably >> at least we found out what the company got its name from, the last name of the family started with albrecht and "d" was for discount i needed to know thank you, everybody, have a great weekend. that does it for "closing bell." "fast money" starts right now. >>> "fast money" starts right now. live from the nasdaq market site overlooking new york city's times square i'm mediclissa lee. chip stocks are on fire. there's one name in this space going even higher. we'll tell you who you to play it >>> plus, no lines, no problem scant lines at the apple store today. it might not matter for the stock. >>> the chart mastery is here. he sees one name about to break out, the name and how to play it >>> first, the industrials gone wild one of the best performing sectors this week. check out the high flaying names. these are industrials, northrop grumman up 6%, ge up 4%, boeing and fedex jumping as well. are these industrial stocks your ticket to the global growth trade? will they keep

aldi stores is selling boozey versions of the christmas calendar filled with 24 middle bottles of redse and bubbly. if it sounds appealing which i'm sure it does to many of you, unfortunately this will only be sold in the uk. >> spoiler. >> sorry. >> second tease story we've had. >> yeah. sorry. mark herring: my mom always worked hard to provide for our family. at one point, she got fired for of all things -- getting married. that was a lifelong lesson for me: when people are hurt, you need to stand up and do something. and i've never forgotten that as your attorney general. whether it's protecting veterans and seniors from shady debt collectors, or cracking down on gangs and drug traffickers, i have one guiding principle: do what's right for people. i'm mark herring, candidate for attorney general, and i sponsored this ad. >> gaming nostalgia is big business. take a look at this. it's t boy. the oversized portable is 3 feet long, 2 feet wide and about half a foot deep. it took the software developer a month to build the giant hand held. but it can play any cartridge from the normal si

aldi will be adding a store in voorheis.anning to expand and remodel in eastsham and stratford. >>> now to the kick that may cost quarterback carson wentz a payche paycheck. >> eagles fans can't get enough of the video. rookie jake elliott nailing the game li game-winning, record-setting field goal to beat the giants. wentz miked up on the sidelines. that's when we found out this little gem about how much he thinks that winning kick is worth. >> guy's a superhero if he makes this. i'll give him my game check. i'll give him my game check if he makes it. >> i don't think he's saying that to anybody specific. just saying it out there, throwing it out there. he says it twice in fact that he's going to give up his game check to the rookie. and of course he makes it, and the question is will he follow through. by the way, that check, how much do you think it's worth? about $31,764. coming from csn. >> might not want to face stuff -- you say that people say crazy stuff on the sidelines. >>> nbc10 is your official eagles station on.

under the changes, nobody would pay more in interest than they had it's good news, bad news for aldi.e dropped 17% to around £211 million. it's because of the fierce price war between supermarkets. the boss of uber has apologised for what he calls "mistakes" and has pledged to appeal against london's decision to revoke its operating licence. the city's mayor sadiq khan says uber is putting "unfair pressure" on transport for london, with an "army" of pr experts and lawyers. if you're a female boss, you're likely to earn on average around £12,000 less than your male colleagues. that's according to research from the chartered management institute. it shows that the figure is worse the bosses than the rest of us. ann franka, the boss of the chartered management institute, joins me now why is the gender pay gap worse for bosses, do you think? it is because we have something called the glass pyramid, which means that women are forming the majority ofjunior managerial roles but they are slipping off that pyramid as you get more senior, so whilst we have two thirds more women at the bottom in

stuart: >> aldi big in australia. stuart: and the u.k.e day after thanksgiving will be the busiest shopping day in u.s. history. what do you say? >> yes and what we're seeing is the end of thedown draft of retail. you will start seeing with a bankruptcies and consolidations of retail, real renaissance for really well-capitalized, highly capable retailers. a lot fight back against amazon, start to win. shopping malls, weaker ones will be out. stronger ones will survive and thrive. ultimately american retail will come back. the key thing getting amazon to pay its fair share of taxes. while amazon is great to raise the standard of living for consumers with lower prices, they're devastating the u.s. economy by not paying their fair share of taxes last 23 years. stuart: did you see the article in "wall street journal" about the professor to wrote exactly that, don't pay fair share of taxes and devastating employment. pressure on amazon. >> the professor is completely correct. where i teach at cornell university we completely concur with profes

lowest since may 2009 >> the kroger thing, how about that story in "the wall street journal" about aldiit was that small. >> the retail business will continue to be -- it's going to be a graveyard for companies including aldi, probably >> at least we found out what the company got its name from, the last name of the family started with albrecht and "d" was for discount i needed to know thank you, everybody, have a great weekend. that does it for "closing bell." "fast money" starts right now. >>> "fast money" starts right now. live from the nasdaq market site overlooking new york city's times square i'm mediclissa lee. chip stocks are on fire. there's one name in this space going even higher. we'll tell you who you to play it >>> plus, no lines, no problem scant lines at the apple store today. it might not matter for the stock. >>> the chart mastery is here. he sees one name about to break out, the name and how to play it >>> first, the industrials gone

up 3.6% each saw sales rise more than 2%, but the report also shows privately held german grocers aldi lidl gaining market share in the uk. in fact, lidl saw the biggest sales increase up more than 18%. hugo boss among the biggest losers after morgan stanley downgraded the retailer saying boss faces pressure that's market driven as opposed to brand driven that stock down 3.5% high again, also lower today after mexico announced it had sold a 5.25% stake in the dutch brewer valued at $3 billion, this as femsa tries to focus its shift to domestic investments. heineken down about 3.7% in today's trade. melissa, back to you >> all right, thank you. >>> still to come, why the former wells fargo ceo says the fed should stop worrying and learn to love low inflation. first, we are watching shares of tesla under pressure after jeffries initiated coverage at an underperform rating saying its business model can be scaled not as profitably. price target right now, 0.26 "squawk alley" will be right back stay tuned we cut the price of trades to give investors even more value. and at $4.95, you can tr

. >> aldi stores will soon sell boozy versions of the christmas calendar.wn to christmas. >> that's genius. >> unfortunately, they'll >> that's not so genius. >> yeah. >> come on aldi. good we tease and then he -- taste of magic check out your favorite dizzy characters coming to life. >> this week's fox beat free friday you can enter for an unforgettable experience we're shreking one lucky person to win vip prize package including four tickets to disney on ice on september theirth at the eagle bank arena. >> how fun. prize has proximity row tale value of $370. it is provided by felled entertainment. go to the fox5 d.c. facebook page from now until 11:59 p.m. and enter for your chance to win. one winner will be selected by random drawing on sept september 25th. all entrants must be 18 or ol older. complete rules available at foxdc.com/contests. back with more after this. ♪ >> hi lindsay. >> aww. >> time to say good morning to our facebook fan of the day. the honor goes to lindsay pop. >> yay. >> a lovely pig cher. >> such a pleasant smile. >> here's the thin

record sales for aldi in the uk and ireland — a million more customers, so why are profits down?

the discount supermarket chain, aldi, has reported record sales in the uk and ireland.upermarkets. it plans to open 70 new stores this year and said britain's decision to leave the european union would have no impact on its plans for expansion. a man who fell 30 feet down a disused tin mine in cornwall has paid tribute to the search and rescue team who he says saved his life. 51—year—old andrew williams had been out walking with friends when an opening to the mine gave way, plunging him 30ft down a mineshaft. trapped in a disused tin mine, 25 metres underground. rescue teams said it was one of their biggest ever challenges. they struggled for six hours in a deep and narrow shaft. securing ropes, installing pulleys, to try and reach the casualty. and then try to get him out. this afternoon, one of the rescue team took me back to the mine entrance. you can see how narrow this bit is. and whilst it opens out a bit more... the man was trapped in a ventilation shaft, deep beyond this point. almost impossible to reach. a lot of mines we would be working in are big, open mines

marks and spencers, aldi and liddell has suspended deliveries over food hygiene breaches.isjohnson? he is everywhere. two weeks ago, ahead of the prime minister's speech in florence, who was in the papers? boris. do you think he is making a bid? look, if he isn't, he knows what he is doing. some of us who just observe these things and have been two more party conferences than we have had hot dinners, you see anything, this was the person who less tha n anything, this was the person who less than two years ago was rejected by his own colleagues. didn't even get to the starting line. well, he pulled out. after mr gove's initiative. now again, here he is. it will be very interesting. i know people can't wait for the manchester conference to see what happens. it's interesting. he is talking about brexit, that is hisjob, but he's starting to talk about public sector p3y- starting to talk about public sector pay. he knows what he's doing, you assume. sticking with the political theme. ukip has a new leader. fa nfa re theme. ukip has a new leader. fanfare before being accessible

. >> i just went to an aldi, 70% dark chocolate, i mean, it costs nothing. it is very good.of the green and black i was paying $4. that was my takeaway. >>> time for a cnbc news update with sue herera. sue? >> hi, guys, here's what's happening at this hour, everyone protesters interrupting the senate hearing on the graham/cassidy gop health care bill gop leaders face an uphill fight this week to prevent a final defeat of their health effort. just three republican opponents would kill the bill in the narrowly divided senate. >>> a tearful anthony weiner is sentenced to 21 months in prison for sexting with a 15-year-old girl in a case that round up rocking the presidential election because weiner's wife was a close aide of hillary clinton's. the former congressman telling a federal judge he was, quote, a very sick man for a very long time and was, quote, profoundly sorry. >>> volvo plans to expand its manufacturing facility in berkeley county, south carolina. the automaker will invest more than $1 billion in that state and create more than 1,900 jobs. >>> and britain's prince

aldi with new wine calendar straight ahead. ♪ so what else is new? how's your mother?re care though. she wants to stay in her house. i don't know even where to start with that. first, let's take a look at your financial plan and see what we can do. ok, so we've got... we'll listen. we'll talk. we'll plan. baird. for tech advice. dell small business advisor with one phone call, i get products that suit my needs and i get back to business. ♪ you each drive a ford (all) yes.ght? i'm going to show you a next generation pickup. awesome. let's do this. the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. stronger the better. and best of all, this new truck is actually- (all laughing) oh my.... the current chevy silverado. current chevy owners and lessees get a total value of ten-thousand, six hundred dollars. or, 0% financing for 72 months on this silverado all star. find new roads at your local chevy dealer. whentertaining us,es getting us back on track,hing? and finding us dates. phones really have changed. so why hasn't the way we

you have recently been overtaken by aldi in terms of supermarket share, and lidl is going after you asance. we are in good shape. the funeral business is seeing market share as well. it tells me the co—0p way of doing business is connecting more and more with the country. talk us through the ones you sold. you solve a huge chunk. now you are interested in buying nissan and taking on more. which way are you going, cutting down, expanding? we are looking to grow scale through buying. if we do move in to more areas of wholesaling, that gives us wholesale. we would seek the past that the customers and members. the stores we have gotten rid of weather as we did not want, small stores. —— they were the ones we did not want. at the same time we are opening 100 new stores each year. the growth continues to be good. we will continue to look at the portfolio as we continue. you have sold a final 1% stake you had in the co—0p bank. you now have no share at all in it. what would you say to customers in that bank who specifically invested in the co—0p because of ethical principles being sold to big

privately held grocery company faces increased competition from those discount european chains, like aldi and lidl and amazon following the acquisition of whole foods plated launched in 2012, is one of the top five food prep services, following blue apron and hello fresh. blue apron is up about 2.5% now on this news maybe albertsons plucks off plated, apron after having it's valuation dropped could be plucked off. eager to see how about albertsons played for plated. >>> a pair of economic reports this morning weekly jobless claims at 8:30 a.m. also at 8:30, look for the september philly fed survey. any time something happens, it overshoots, it undershoots should be interesting. >> you're not watching a rerun, there's a healthcare vote coming up in political news senate republicans announced plans to vote next week on the latest bid that they put together to scrap obamacare. president trump and republican supporters of what is now known, the latest version, as the graham-cassidy bill. they've been working to secure enough votes to pass the bill. president trump said they have about 48 or 4

aldi has reported record sales in the uk and ireland for last year but its profits have fallen sharplystment in prices and infrastructure". asi as i was saying, labour is calling for a as i was saying, labour is calling fora cap on as i was saying, labour is calling for a cap on the amount of interest that credit card companies can charge people. shadow chancellor john mcdonnell says more than 3 million people are trapped by credit ca rd million people are trapped by credit card debt. he's arguing that no one should pay back more than twice the amount that they originally borrowed. peter tutton, amount that they originally borrowed. petertutton, head of policy at stepchange, at charity that offers debt and money management advice, joins me now. how serious is credit card debt?m management advice, joins me now. how serious is credit card debt? it is a very serious problem. about two thirds of the people we see have one or more credit cards. there are about 3 million people out there struggling with serious debt problems now and as the lead in said, 3 million or more struggling with pers