Current:Home > ContactLooking for a deal? Aldi to add 800 more stores in US by 2028 -Achieve Wealth Network
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-16 07:46:25
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! (2844)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Things to know about Sweden’s monarchy as King Carl XVI celebrates 50 years on the throne
- Bill Clinton and other dignitaries gather to remember Bill Richardson during funeral Mass
- Mississippi should restore the voting rights of former felons, Democratic candidates say
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- This is what it's like to fly inside a powerful hurricane
- The UAW is barreling toward a strike. Here's what that would look like.
- On 60th anniversary of church bombing, victim’s sister, suspect’s daughter urge people to stop hate
- Sam Taylor
- Sean Penn goes after studio execs' 'daughter' in bizarre comments over AI debate
Ranking
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Josh Duhamel becomes counselor of 'big adult summer camp' with 'Buddy Games' reality show
- How Lehman's collapse 15 years ago changed the U.S. mortgage industry
- Enough to make your skin crawl: 20 rattlesnakes found inside a homeowner’s garage in Arizona
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- How Lehman's collapse 15 years ago changed the U.S. mortgage industry
- The cost of raising a child is almost $240,000 — and that's before college
- Hunter Biden's lawyer says gun statute unconstitutional, case will be dismissed
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Venice won't be listed as one of the world's most endangered sites
Water bead recall: 1 death, 1 injury linked to toy kits sold at Target
Rubiales arrives at Spanish court to be questioned over his kiss of player at Women’s World Cup
All That You Wanted to Know About She’s All That
Water bead recall: 1 death, 1 injury linked to toy kits sold at Target
350 migrants found 'crowded and dehydrated' in trailer in Mexico, authorities say
Father of Kaylee Goncalves, one of four murdered University of Idaho students, says there is evidence his daughter fought back