Current:Home > FinanceLooking for a deal? Aldi to add 800 more stores in US by 2028 -TradeBridge
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-13 00:51:44
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! (4534)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Judge orders change of venue in trial of man charged with killing 4 University of Idaho students
- Is soy milk good for you? What you need to know about this protein-rich, plant-based milk.
- Egg recall is linked to a salmonella outbreak, CDC says: See which states are impacted
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- 2025 Hyundai Tucson adds comfort, safety features for babies and pet passengers
- How many points did Caitlin Clark score today? She's closing in on rookie scoring record
- Missing California woman found alive after 12 days in the wilderness
- Skins Game to make return to Thanksgiving week with a modern look
- Congress takes up a series of bills targeting China, from drones to drugs
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Takeaways from AP’s report on how Duck Valley Indian Reservation’s water and soil is contaminated
- Atlanta Falcons wear T-shirts honoring school shooting victims before season opener
- US Open champ Jannik Sinner is a young man in a hurry. He is 23, is No. 1 and has 2 Slam titles
- Senate begins final push to expand Social Security benefits for millions of people
- New Hampshire governor helps save man choking on lobster roll at seafood festival contest
- Montgomery’s 1-yard touchdown run in OT lifts Lions to 26-20 win over Rams
- Officer put on leave in incident with Tyreek Hill, who says he's unsure why he was detained
Recommendation
The Super Bowl could end in a 'three
Sky's Angel Reese to have wrist surgery Tuesday, be in cast for six weeks
Why seaweed is one of the best foods you can eat when managing your weight
Is soy milk good for you? What you need to know about this protein-rich, plant-based milk.
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
As a Curvy Girl, I’ve Tried Hundreds of Leggings and These Are the Absolute Best for Thick Thighs
Why seaweed is one of the best foods you can eat when managing your weight
Billie Jean King wants to help carve 'pathway' for MLB's first female player