Aldi USA plans to add 800 stores to its network by the end of 2028 through a combination of new openings and store conversions. Seven years ago, Aldi laid out a plan for its U.S. growth that included a $5 billion total capital investment to increase its store count and remodel stores. Now, the company has laid out its next growth phase with an even more ambitious plan that builds on its success in expanding to new markets, refreshing its stores, and connecting with price-conscious consumers.
The discounter will invest more than $9 billion (€8.2 billion) over the next five years in expanding to new locations across the US, according to European Supermarket News. The expansion plan entails opening stores in new regions as well as ones where it currently operates. In the Northeast and Midwest, it plans to add close to 330 stores by the end of 2028. It also plans to add stores in Southern California and Phoenix — a market it entered within the past few years. Aldi said it will also open stores in new cities like Las Vegas.
Jason Hart, CEO of Aldi USA, stated, “Our growth is fuelled by our customers, and they are asking for more Aldi stores in their neighborhoods nationwide. 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. With this commitment to add 800 stores in the next five years, we’ll be where our shoppers need us while positively impacting the communities we serve.”
ACQUISITION OF SOUTHEASTERN GROCERS
Aldi USA also announced that it has completed the acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners. The move will support Aldi’s expansion in the Southeast. A significant number of Winn-Dixie and Harveys Supermarkets will convert to the Aldi format, the discounter stated.
The conversion will take place in a phased manner with approximately 50 stores commencing the conversion process during the latter half of 2024. Hart added, “As we look ahead to this next chapter in our company history, both the Aldi and SEG (Southeastern Grocers) teams will play a critical role in driving the business forward for our future collective success.”
