Current:Home > MyLooking for a deal? Aldi to add 800 more stores in US by 2028 -Prime Money Path
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-17 12:07:10
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! (8591)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Why NFL Star Josh Allen Is “Surprised” Travis Kelce Fumbled His Chance With Taylor Swift
- One 'frightful' night changed the course of Hall of Famer DeMarcus Ware's life
- FAA sets up new process for lower air tour flights in Hawaii after fatal crashes
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Johnny Manziel ready to put bow on 'Johnny Football' with in-depth Netflix documentary
- RSV prevention shot for babies gets OK from CDC
- Big 12 furthers expansion by adding Arizona, Arizona State and Utah from crumbling Pac-12
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 'Breaking Bad,' 'Better Call Saul' actor Mark Margolis dies at 83
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- A Virginia Beach man won the right to keep an emotional support emu. Now, he’s running for office.
- Tom Brady becomes co-owner of English soccer club Birmingham City: I like being the underdog
- ESPN, Fox pull strings of college athletics realignment that overlooks tradition or merit
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Funder of Anti-Child Trafficking Film Sound of Freedom Charged With Accessory to Child Kidnapping
- The buzz around Simone Biles’ return is papable. The gymnastics star seems intent on tuning it out
- Racist abuse by Mississippi officers reveals a culture of misconduct, residents say
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Opera singer David Daniels pleads guilty in sexual assault trial
Why NFL Star Josh Allen Is “Surprised” Travis Kelce Fumbled His Chance With Taylor Swift
Baby monitor recall: Philips Avent recalls monitors after batteries can cause burns, damage
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
1 of 2 Fargo officers wounded in ambush that killed another officer is leaving the hospital
Thousands enroll in program to fight hepatitis C: This is a silent killer
Veterans see historic expansion of benefits for toxic exposure as new law nears anniversary