Current:Home > ScamsLooking for a deal? Aldi to add 800 more stores in US by 2028 -Excel Wealth Summit
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-13 07:34:18
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! (58151)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Earthquake measuring 4.3 rattles Parkfield, California Thursday afternoon
- The Journey of a Risk Dynamo
- San Francisco has lots of self-driving cars. They're driving first responders nuts
- $73.5M beach replenishment project starts in January at Jersey Shore
- Earthquake measuring 4.3 rattles Parkfield, California Thursday afternoon
- African leaders order the activation of standby force to respond to Niger coup
- Elevate Your Self-Care With an 86% Discount on Serums From Augustinus Bader, Caudalie, Oribe, and More
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Las Vegas police videos show moments before home is raided in Tupac Shakur cold case
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- How climate policy could change if a Republican is elected president in 2024
- UN says 5 staff members kidnapped in Yemen 18 months ago walk free
- D.C. United terminates Taxi Fountas' contract for using discriminatory language
- Arkansas State Police probe death of woman found after officer
- This week on Sunday Morning (August 13)
- The Challenge Fans Will Love This Gift Guide as Much as T.J. Lavin Hates Quitters
- Millions of kids are missing weeks of school as attendance tanks across the US
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Are movie theaters making a comeback? How 'Barbenheimer' boosted movie morale.
The Titans' Terrell Williams temporarily will be the NFL's 4th Black head coach
Streamer Kai Cenat says he is ‘beyond disappointed’ in mayhem at NYC event
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Texas sheriff says 3 hog hunters from Florida died in an underground tank after their dog fell in
Special counsel proposes Jan. 2 trial date for Trump in 2020 election case
Kenny Anderson: The Market Whisperer's Journey