Current:Home > Contact-usLooking for a deal? Aldi to add 800 more stores in US by 2028-DB Wealth Institute B2 Expert Reviews
Looking for a deal? Aldi to add 800 more stores in US by 2028
View Date:2024-12-23 22:43:55
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! (83)
Related
- Gossip Girl Actress Chanel Banks Reported Missing After Vanishing in California
- Oklahoma amends request for Bibles that initially appeared to match only version backed by Trump
- Padres and Dodgers continue to exchange barbs and accusations ahead of NLDS Game 3
- The Daily Money: America is hiring
- Residents urged to shelter in place after apparent explosion at Louisville business
- Martha Stewart Shares Her Issue With Trad Wife Phenomenon
- Florida Panthers Stanley Cup championship rings feature diamonds, rubies and a rat
- Taylor Swift Celebrates Chiefs’ “Perfect” Win While Supporting Travis Kelce During Game
- Gold is suddenly not so glittery after Trump’s White House victory
- Taylor Swift Reunites With Pregnant Brittany Mahomes in Sweet Moment at Chiefs Game
Ranking
- Horoscopes Today, November 10, 2024
- LeBron James, Lakers look highly amused as fan is forcibly removed from arena
- Travis Kelce's New '90s Hair at Kansas City Chiefs Game Has the Internet Divided
- After years of finding the Rock & Roll Hall of Fame cold as ice, Foreigner now knows what love is
- Garth Brooks wants to move his sexual assault case to federal court. How that could help the singer.
- Oprah Winfrey selects Lisa Marie Presley’s posthumous memoir as her next book club selection
- Man falls to his death in Utah while canyoneering in Zion National Park
- How Scheana Shay Is Playing Matchmaker for Brittany Cartwright Amid Jax Taylor Divorce
Recommendation
-
'Gladiator 2' review: Yes, we are entertained again by outrageous sequel
-
Soccer Star Jack Grealish Welcomes First Baby With Partner Sasha Attwood
-
Using AI to buy your home? These companies think it's time you should.
-
Las Vegas will blow a kiss goodbye — literally — to the Tropicana with a flashy casino implosion
-
Elon Musk says 'SNL' is 'so mad' Trump won as he slams Dana Carvey's impression
-
2024-25 NHL season opens in North America with three games: How to watch
-
Taylor Swift in Arrowhead: Singer arrives at third home game to root for Travis Kelce
-
Taylor Swift Reunites With Pregnant Brittany Mahomes in Sweet Moment at Chiefs Game