Current:Home > NewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -Blueprint Wealth Network
Looking for a deal? Aldi to add 800 more stores in US by 2028
EchoSense View
Date:2025-04-09 13:14:04
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! (83)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Canada removes 41 diplomats from India after New Delhi threatens to revoke their immunity
- 61,000 gun safes recalled for security issue after report of 12-year-old child's death
- Investigators respond to report of possible pipe bombs in Newburyport, Massachusetts
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Japan and Australia agree to further step up defense cooperation under 2-month-old security pact
- Netflix is increasing prices. Here's how much the price hike is going to cost you.
- As Americans collected government aid and saved, household wealth surged during pandemic
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Horoscopes Today, October 18, 2023
Ranking
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- The Rolling Stones after six decades: We've got to keep going. When you've got it, flaunt it, you know?
- New Mexico county official could face a recall over Spanish conquistador statue controversy
- $249M in federal grid money for Georgia will boost electric transmission and battery storage
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Maryland police investigating fatal shooting of a circuit court judge
- Sister Wives' Janelle Brown Reveals If She's Open to Another Plural Marriage After Kody Split
- Gwyneth Paltrow Reveals How Daughter Apple Martin Changed Her Outlook on Beauty
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Netflix is increasing prices. Here's how much the price hike is going to cost you.
Abreu, Alvarez and Altuve help Astros pull even in ALCS with 10-3 win over Rangers in Game 4
Apple introduces a new, more affordable Apple Pencil: What to know
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Drones attack a US military base in southern Syria and there are minor injuries, US officials say
Protesters on Capitol Hill call for Israel-Gaza cease-fire, hundreds arrested
Financial investigators probing suspected contracts descend again on HQ of Paris Olympic organizers