Current:Home > FinanceLooking for a deal? Aldi to add 800 more stores in US by 2028 -Global Finance Compass
Looking for a deal? Aldi to add 800 more stores in US by 2028
Ethermac View
Date:2025-04-08 14:59:07
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 [email protected] 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! (8631)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 'Judge Judy' suing National Enquirer owner over Menéndez brothers article
- Canadian town bracing for its last stand against out-of-control 13,000-acre wildfire
- Opening statements set to kick off second criminal trial for Sen. Bob Menendez
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Sidewalk video ‘Portal’ linking New York, Dublin by livestream temporarily paused after lewd antics
- GOP legislative leaders want Democrats to drop Minnesota ERA as part of session-ending deal
- The WNBA season is getting underway featuring Caitlin Clark's debut and more. Here's what you need to know.
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Katy Perry Reacts After Daughter Daisy Calls Her by Stage Name
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Kristen Welker announces she's expecting second child via surrogate: 'Angel on Earth'
- Serena Williams will host 2024 ESPY awards in July: 'She’ll bring elite star-power'
- Selena Gomez Unveils New Photos of Wizards Beyond Waverly Place Sequel TV Show
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Remains of missing South Carolina mother last seen in December found in wooded area
- Former Massachusetts prison to reopen as shelter for homeless families, including migrants
- Fed’s Powell downplays potential for a rate hike despite higher price pressures
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Speaker Mike Johnson’s appearance at Trump’s felony trial marks a remarkable moment in US politics
Defending Super Bowl champion Chiefs will host Bengals in Week 2
Air Force instructor pilot dies after ejection seat activates during ground operations
Taylor Swift makes surprise visit to Kansas City children’s hospital
The Rev. William Lawson, Texas civil rights leader who worked with Martin Luther King Jr, dies at 95
Defending Super Bowl champion Chiefs will host Bengals in Week 2
Israel's Netanyahu says militants make up about half of Gaza deaths