Current:Home > reviewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -Wealthify
Looking for a deal? Aldi to add 800 more stores in US by 2028
Fastexy Exchange View
Date:2025-04-10 10:31:23
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! (38)
Related
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- The 10 Best Sales to Shop This Weekend: Wayfair, Ulta, J.Crew Factory, Calpak, Kate Spade & More
- Russia names new air force leader replacing rebellion-tied general, state news reports
- Pennsylvania governor’s office settles for $295K a former staffer’s claim senior aide harassed her
- The Daily Money: Spending more on holiday travel?
- US warns of a Russian effort to sow doubt over the election outcomes in democracies around the globe
- In Lebanon, thousands are displaced from border towns by clashes, stretching state resources
- Britney Spears explains shaving her head after years of being eyeballed
- 'Most Whopper
- 'I was booing myself': Diamondbacks win crucial NLCS game after controversial pitching change
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- 60,000 gun safes recalled after shooting death
- How Summer House's Lindsay Hubbard Is Doing 2 Months After Carl Radke Breakup
- College football Week 8: Our six picks for must-watch games include Ohio State-Penn State
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Rep. Jim Jordan will try again for House gavel, but Republicans won’t back the hardline Trump ally
- Reward offered after body of man missing for 9 years found in freezer of wine bar
- Are there melatonin side effects? What to know about the sleep aid's potential risks.
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Trucks mass at Gaza border as they wait to bring aid to desperate Palestinians
Are there melatonin side effects? What to know about the sleep aid's potential risks.
Israel pounds Gaza, evacuates town near Lebanon ahead of expected ground offensive against Hamas
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Belgian minister quits after ‘monumental error’ let Tunisian shooter slip through extradition net
Diamondbacks beat Phillies on Ketel Marte's walk-off in must-win NLCS Game 3
Paris Hilton’s New Photos of Baby Boy Phoenix Are Fire