Current:Home > ContactLooking for a deal? Aldi to add 800 more stores in US by 2028 -MoneyTrend
Looking for a deal? Aldi to add 800 more stores in US by 2028
Algosensey Quantitative Think Tank Center View
Date:2025-04-09 09:38:57
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! (1)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Mach 3
- Cassie's Lawyer Responds After Sean Diddy Combs' Breaks Silence on 2016 Assault Video
- Did you know Paul Skenes was an Air Force cadet? MLB phenom highlights academies' inconsistent policy
- Small twin
- The Senate filibuster is a hurdle to any national abortion bill. Democrats are campaigning on it
- John Krasinski pays tribute to his mom in 'IF' with a 'perfect' Tina Turner dance number
- Simone Biles brings back (and lands) big twisting skills, a greater victory than any title
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- NBA Game 7 schedule today: Everything to know about Sunday's elimination playoff games
Ranking
- Tom Holland's New Venture Revealed
- Timeline of the Assange legal saga over extradition to the US on espionage charges
- Scottie Scheffler planning to play next week after 'hectic' week at 2024 PGA Championship
- 3 killed, 3 wounded in early-morning shooting in Columbus, Ohio
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Mayoral candidate, young girl among 6 people shot dead at campaign rally in Mexico
- Disneyland's character performers vote to unionize
- Scottie Scheffler planning to play next week after 'hectic' week at 2024 PGA Championship
Recommendation
Federal hiring is about to get the Trump treatment
A California doctor said his wife died in an accidental fall. Her injuries told a different story.
How compassion, not just free tuition, helped one Ohio student achieve his college dreams
WNBA investigating $100,000 annual sponsorships for Aces players from Las Vegas tourism authority
Former Danish minister for Greenland discusses Trump's push to acquire island
Kevin Costner gets epic standing ovation for 'Horizon: An American Saga,' moved to tears
Power expected to be restored to most affected by deadly Houston storm
Climate activists glue themselves at Germany airport to protest pollution caused by flying