Current:Home > FinanceLooking for a deal? Aldi to add 800 more stores in US by 2028 -AdvancementTrade
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-15 19:07:47
Discount grocer Aldi said it will add another 800 stores to its U.S. footprint by the end of 2028.
The German grocer said in a press release Thursday that it would be investing $9 billion nationwide in the next four years. That will include expanding in the Northeast, Midwest and Southeast and a growing presence in Southern California and Phoenix.
Aldi will also be entering new cities like Las Vegas, the grocer said.
"Our growth is fueled by our customers, and they are asking for more ALDI stores in their neighborhoods nationwide," said Jason Hart, CEO of Aldi in the statement. "With up to 40% savings on groceries, new customers are inspired to try us out, and existing customers keep coming back. While price is important, we earn their loyalty by stocking our shelves with only the best products and offering a quicker, easier and more enjoyable shopping experience."
How will Aldi grow?
The new 800 stores nationwide will be a combination of new openings and store conversions, the grocer said. Aldi also said that it had completed an acquisition announced in August of roughly 400 Winn-Dixie and Harveys Supermarket stores throughout the Southeast.
In addition to "organic growth through new store openings, a significant number of Winn-Dixie and Harvey Supermarkets will convert to the ALDI format in the next few years," the grocer said. Starting in mid-summer, ALDI will begin a phased-in-approach to converting some stores. The grocer anticipates about 50 stores will begin the conversion process in the latter half of this year and the majority will reopen as ALDI in 2025.
Aldi can be a saver's paradise:Here's how to make the most of deals in every aisle
Aldi said part of the growth will be adding nearly 330 stores in the Northeast and Midwest, to strengthen an already strong presence in those regions, in the next five years.
"For more than a decade, ALDI has added hundreds of stores per year across the country," Hart said.
Aldi said it will have nearly 3,200 stores nationwide after the new locations open.
Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at blinfisher@USATODAY.com or follow her on X, Facebook or Instagram @blinfisher. Sign up for our free The Daily Money newsletter, which will include consumer news on Fridays,here.
veryGood! (2678)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Queen Camilla Withdraws From Public Engagements Due to Chest Infection
- Selena Gomez, Mariska Hargitay and More Stars Who’ve Voted in 2024 U.S. Presidential Election
- Colin Allred, Ted Cruz reach end of Senate race that again tests GOP dominance in Texas
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Jayden Maiava to start over Miller Moss in USC's next game against Nebraska, per reports
- How tough is Saints' open coaching job? A closer look at New Orleans' imposing landscape
- Texas border districts are again in the thick of the fight for House control
- Trump wants to turn the clock on daylight saving time
- A Quaker who helps migrants says US presidential election will make no difference at the border
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Fence around While House signals unease for visitors and voters
- Casey and McCormick square off in Pennsylvania race that could determine Senate control
- California voters weigh measures on shoplifting, forced labor and minimum wage
- Grammy nominee Teddy Swims on love, growth and embracing change
- Fence around While House signals unease for visitors and voters
- Colin Allred, Ted Cruz reach end of Senate race that again tests GOP dominance in Texas
- 4 Democratic US House members face challengers in Massachusetts
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Democrat Sheldon Whitehouse seeks a fourth term in the US Senate from Rhode Island
Nebraska adds former coach Dana Holgorsen as offensive analyst, per report
Queen Camilla suffering from chest infection, forced to call off engagements, palace says
In ‘Nickel Boys,’ striving for a new way to see
Kentucky voters to decide fate of school choice ballot measure
GOP tries to break Connecticut Democrats’ winning streak in US House races
Selena Gomez, Mariska Hargitay and More Stars Who’ve Voted in 2024 U.S. Presidential Election