Aldi plans big expansion through new store openings, conversions
Aldi has announced its most ambitious expansion plans to date as it continues to grow its U.S. footprint coast to coast. The discount grocer plans to add 800 stores nationwide by the end of 2028 through a combination of new openings and store conversions.
In line with its plans, Aldi said it has completed its acquisition of Southeastern Grocers (SEG) and its Winn-Dixie and Harveys Supermarket banners, which will drive significant growth in the Southeast region, adding approximately 400 stores throughout Alabama, Florida, Georgia, Louisiana and Mississippi.
Aldi will invest more than $9 billion over the next five years on its expansion, adding new locations across the country. As part of its growth trajectory, the grocer will strengthen its already strong presence in the Northeast and Midwest, adding nearly 330 stores across both regions by the end of 2028. The grocer will also grow its presence in the West by adding more stores in Southern California and Phoenix — and by entering new cities such as Las Vegas.
In addition to organic growth through new store openings, a “significant” number of Winn-Dixie and Harveys Supermarkets will convert to the Aldi format over the next several years. Starting mid-summer, the Illinois-based grocer will begin a phased approach to the store conversion process, with anticipation that approximately 50 stores will begin the conversion process during the latter half of 2024, with the majority of these stores reopening as Aldi in 2025.
Throughout the expansion, the company says it remains committed to making a positive impact on communities and ensuring its environmental footprint doesn’t grow with its store count. Aldi will build and remodel stores with sustainable features such as energy-efficient LED lighting, environmentally friendly refrigeration systems, rooftop solar systems and more.
With more than 2,200 stores in 38 states, Batavia, Ill.-based Aldi U.S. employs 45,000-plus associates.
Chain Store Age
Related news
Aldi Süd sends kebab food trucks on tour through Germany
Aldi capitalizes on rising restaurant prices and puts a spotlight…
Read more >Nespresso debuts honey-based product line
Nespresso USA has launched Nespresso Bloom, a range of honey-based…
Read more >Amazon partners with TikTok and Pinterest for social selling
Amazon has partnered with TikTok and Pinterest to allow users…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >