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Aldi plans almost 900 more United States stores

13 June, 2017, 10:30 | Author: Paula Vaughn
  • Aldi gives Walmart a run for its money in latest $3.4bn US investment

That's up from the current tally of 1,600 stores across 35 states, which Aldi has quietly amassed since it first entered the U.S. in 1976. Aldi now has more than 1,600 stores across 35 states after its first foray into the United States in 1976 with a store in Iowa.

About 400 stores will be added by the end of of 2018, plus another $1.6 billion will be injected into Aldi's current locations, remodeling 1,300 of these stores. If it reaches that 2,500 store goal-which is also expected to add 25,000 domestic jobs-Aldi would be the third largest grocery store (by store count) in the U.S.

This news comes just three days before German rival Lidl will open its first store across the Atlantic. It operates more than 1,600 stores today.

"By introducing healthier checklanes and through a number of other initiatives, we are doing our part to remove temptation at checkout and stocking stores with even more nutritious options", said Jason Hart, CEO of Aldi.

The German retailer, which has already shaken up European supermarkets with its cheap prices, has revealed plans to spend an extra $3.4bn (£2.7bn) in the States.

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ALDI has been disrupting the USA grocery industry by providing customers with a smarter way to shop.

Lidl is the most direct rival of Aldi in Europe and uses the same kind of grocery-focused low-price strategy, dubbed deep discount, keeping formats small and simple, while merchandising directly from shipped cartons.

Aldi said on Sunday that it will be investing $3.4 billion into the expansion, bringing its U.S. locations up 56.5% from 1,600 to 2,500 by 2022.

Aldi, whose USA division was founded by German parent company Aldi Sud in 1976, has continued to evolve its selection of products to include more fresh foods, gluten-free options and award-winning products throughout the store.

"I expect that Aldi will invest in e-commerce and duplicate their discount models online at some point in the near future", he said.

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