Aldi CEO says stores will focus on lowering grocery prices this summer

Aldi CEO Jason Hart joined 'Good Morning America' live with the summer grocery price outlook.

As inflation continues to worry Americans, Aldi CEO Jason Hart said the discount grocery chain is focused on keeping grocery prices low as the summer season heats up.

"We don't really focus on what the competition is doing. We're focused on what consumers want and need," Hart said. "Before the consumer was stressed with inflation, we were still about low prices, but those low prices become even more important as value is even more top of mind for the consumer." Earlier this month, Aldi announced it would cut prices on over 250 summer essentials, including barbecue basics like chicken and steak and other family favorites like frozen blueberries and granola bars.

Other major stores followed suit, including Walmart and Target, with the Minneapolis-based store saying it would lower prices on 5,000 items, including "everyday items" such as milk, meat, fresh fruit, vegetables and snacks.

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