Current:Home > reviewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -NextWave Wealth Hub
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-17 23:50:05
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! (81891)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Stellantis recalls more than 32,000 hybrid Jeep Wrangler SUVs because of potential fire risk
- Colts LB Shaquille Leonard stunned by release, still shows up for turkey drive
- Horoscopes Today, November 22, 2023
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- One of the last tickets to 1934 Masters Tournament to be auctioned, asking six figures
- Black Friday 2023: See Walmart, Target, Best Buy, Kohls, Home Depot, Macy’s store hours
- First Lady Rosalynn Carter's legacy on mental health boils down to one word: Hope
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Marrakech hosts film festival in the shadow of war in the Middle East
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Travis Kelce after Chiefs' loss to Eagles: 'I'm not playing my best football right now'
- Judges rule against Tennessee Senate redistricting map over treatment of Nashville seats
- The Best Thanksgiving TV Episodes and Movies to Watch As You Nurse Your Food Hangover
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Could cellphone evidence be the key to solving Stephen Smith's cold case?
- Former St. Louis alderman in fraud case also charged with lying to police
- Diddy's former Bad Boy president sued for sexual assault; company says it's 'investigating'
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Israel drawn to face Iceland in Euro 2024 playoffs, then would play winner of Bosnia vs. Ukraine
Rebels claim to capture more ground in Congo’s east, raising further concerns about election safety
Jamie Foxx accused of 2015 sexual assault at a rooftop bar in new lawsuit
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
A mark of respect: Flags to be flown at half-staff Saturday to honor Rosalynn Carter, Biden says
Europe’s far-right populists buoyed by Wilders’ win in Netherlands, hoping the best is yet to come
How Patrick Mahomes, Martha Stewart and More Stars Celebrated Thanksgiving 2023