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Retailer aims to be third largest grocery chain by 2020
June 12, 2017
By: Karen McIntyre
Editor
ALDI is building on its already-aggressive growth strategy and $1.6 billion program to remodel 1300 stores by 2020, with an additional $3.4 billion capital investment to expand to 2500 stores nationwide by the end of 2022, the retailer announced today. With this growth, Aldi will be the third largest grocery store by count in the U.S. and serve 100 million customers per month.
In a turbulent retail environment, ALDI is bucking the trend plaguing many retailers by accelerating its growth of new stores with a total capital investment of $5 billion in new and remodeled stores over the next five years. Named to Forbes’ list of America’s Best Large Employers, ALDI will add 25,000 new jobs in stores, warehouses and offices with industry-leading compensation and generous benefits packages.
ALDI has continued to evolve its selection of products to include more fresh foods, gluten-free options and award-winning products throughout the store. ALDI also continues to increase its offering of fresh and sustainable seafood, specialty wines and cheeses, organic items from its SimplyNature line, and award-winning Little Journey baby products. ALDI was the first grocery store to offer all of its exclusive products free of certified synthetic colors, added trans fat and added MSG.
“We have passionate fans who know ALDI offers a smarter way to feed their families in a modern, convenient and easy-to-shop environment,” added Hart. “If you’ve never shopped with us, we invite you to come in and discover the ALDI that millions already know and love.”
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