Current:Home > StocksLooking for a deal? Aldi to add 800 more stores in US by 2028 -ChatGPT
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-16 00:57:15
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! (34955)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Rush to Nordstrom Rack's Clear the Rack Sale to Get $18 Vince Camuto Heels, $16 Free People Tops & More
- Could Dairy Cows Make Up for California’s Aliso Canyon Methane Leak?
- American Climate Video: How Hurricane Michael Destroyed Tan Smiley’s Best Laid Plans
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Man killed, cruise ships disrupted after 30-foot yacht hits ferry near Miami port
- Enbridge Deal Would Replace a Troubled Great Lakes Pipeline, But When?
- Dr. Anthony Fauci to join the faculty at Georgetown University, calling the choice a no-brainer
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Pregnant Chanel Iman Engaged to NFL Star Davon Godchaux
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- A Bipartisan Climate Policy? It Could Happen Under a Biden Administration, Washington Veterans Say
- Transcript: Secretary of State Antony Blinken on Face the Nation, June 25, 2023
- For the intersex community, 'Every Body' exists on a spectrum
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Man charged with murder in stabbings of 3 elderly people in Boston-area home
- Teresa Giudice Accuses Melissa Gorga of Sending Her to Prison in RHONJ Reunion Shocker
- Antarctic Ocean Reveals New Signs of Rapid Melt of Ancient Ice, Clues About Future Sea Level Rise
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Matty Healy Leaves a Blank Space on Where He Stands With Taylor Swift
Florida woman who shot Black neighbor through door won't face murder charge
Save 71% At BaubleBar's Mind-Blowing Memorial Day Sale with $4 Deals on Jewelry and Accessories
The Super Bowl could end in a 'three
DeSantis unveils border plan focused on curbing illegal immigration
A year after victory in Dobbs decision, anti-abortion activists still in fight mode
Yes, Kieran Culkin Really Wore a $7 Kids' Shirt in the Succession Finale