900 new US stores for Aldi

By Ben Mouncer
Aldi will open 900 new stores in the United States over the next five years. The German chain is currently operating out of 1,600 outlets across 35 sta...

Aldi will open 900 new stores in the United States over the next five years.

The German chain is currently operating out of 1,600 outlets across 35 states but is aiming to increase its presence by 56% by 2022. 

Plans also include the remodelling of many of their current stores as the company looked to nail down its share in a crowded grocery market.

“We have passionate fans who know Aldi offers a smarter way to feed their families in a modern, convenient and easy-to-shop environment,” said CEO Jason Hart.

25,000 new jobs are expected to be created from the company’s $3.4bn dollar capital investment.

Aldi opened their first stores in the US in Iowa back in the 1976.

Share

Featured Articles

US Bird flu Turns Spotlight on Milk Pasteurisation

As bird flu sees sales of raw milk spike, we look at the work of Tetra Pak, a giant in the world of pasteurisation.

Nestlé 'Meeting Sustainability Targets on Nescafé Coffee'

Nestlé is meeting targets on sustainably-sourced Nescafé coffee, & has donated 21mn plants as part of global ESG initiatives, a company report claims

Coffee Prices Soar as Extreme Weather Hits Brazil & Vietnam

Global coffee supplies hit by high rainfall in Brazil and a heatwave in Vietnam, and Smart Cube analyst Kanica Goel says situation unlikely to improve soon

Guinness & Carlsberg Back Drought Resistant Grain for Beer

Drink

Tyson Foods Shares Plummet in Face of Costs & Inflation

Food

Nestlé ESG Programme 'Boosting Cocoa Farmers' Income'

Sustainability