Current:Home > NewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -Streamline Finance
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-12 23:24:18
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! (7)
Related
- The Daily Money: Disney+ wants your dollars
- Researchers Find No Shortcuts for Spotting Wells That Leak the Most Methane
- Today’s Climate: August 9, 2010
- Hurricane Season 2018: Experts Warn of Super Storms, Call For New Category 6
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Prospect of Chinese spy base in Cuba unsettles Washington
- Today’s Climate: August 6, 2010
- Victoria's Secret Model Josephine Skriver Is Pregnant, Expecting First Baby With Husband Alexander DeLeon
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Fossil Fuels on Federal Lands: Phase-Out Needed for Climate Goals, Study Says
Ranking
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- A stranger noticed Jackie Briggs' birthmark. It saved her life
- Victoria's Secret Model Josephine Skriver Is Pregnant, Expecting First Baby With Husband Alexander DeLeon
- More older Americans become homeless as inflation rises and housing costs spike
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Sia Marries Dan Bernard During Intimate Italian Ceremony: See the Wedding Photos
- Deli meats and cheeses have been linked to a listeria outbreak in 6 states
- In Georgia, Kemp and Abrams underscore why governors matter
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
South Carolina officer rescues woman mouthing help me during traffic stop
Are the Canadian wildfires still burning? Here's a status update
Yes, Color Correction for Your Teeth Is a Thing: Check Out This Product With 6,700+ 5-Star Reviews
Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
Even remote corners of Africa are feeling the costly impacts of war in Ukraine
Aileen Cannon, Trump-appointed judge, assigned initially to oversee documents case
'Running While Black' tells a new story about who belongs in the sport