Current:Home > NewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -OceanicInvest
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-24 16:41:20
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! (29123)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Flesh-eating bacteria infections are on the rise in the U.S. − here's how one expert says you can protect yourself
- District attorney drops case against Nate Diaz for New Orleans street fight
- In 'Dumb Money,' the mischievous are eating the rich
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- As Gen. Milley steps down as chairman, his work on Ukraine is just one part of a complicated legacy
- Journey to celebrate 50th anniversary with 30 shows in 2024: See where they're headed
- Indiana teen working for tree-trimming service killed when log rolls out of trailer, strikes him
- In ‘Nickel Boys,’ striving for a new way to see
- Shooting kills 3 teenagers and wounds another person in South Carolina
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Mel Tucker’s attorney: Michigan State doesn’t have cause to fire suspended coach over phone sex
- See How Golden Bachelor Gerry Turner's Granddaughter Helped Him Get Ready to Date Again
- Worker killed at temporary Vegas Strip auto race grandstand construction site identified
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Powerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing
- Hayden Panettiere Pays Tribute to Late Brother Jansen on What Would’ve Been His 29th Birthday
- Dane Cook Marries Kelsi Taylor in Hawaiian Wedding Ceremony
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Is It Too Late to Buy Apple Stock?
9/11-related illnesses have now killed same number of FDNY firefighters as day of attacks: An ongoing tragedy
Taylor Swift and Travis Kelce Spotted Together for First Time After Kansas City Chiefs Game
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Canadian auto workers to target General Motors after deal with Ford is ratified
McDaniels says he has confidence in offense, despite opting for FG late in game
United Auto Workers expand strike, CVS walkout, Menendez indictment: 5 Things podcast