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Aldi Plans 120-Store Expansion

Aldi endeavors to add 120 stores by the end of 2023, bringing its total footprint to over 2,400 in the U.S. The decision comes at a time when inflation is forcing some retailers to slow growth or shutter stores.

“While inflation is undoubtedly driving unprecedented demand for affordable groceries, we know that once customers experience the Aldi difference, they keep shopping with us, even when the economy improves,” said Jason Hart, CEO of Aldi U.S., in a statement “Our growth is led by our customers, and they continue to want more Aldi locations coast-to-coast.”

This year’s planned expansion builds on its 2022 progress. Last year, Aldi opened and remodeled 139 stores, gained roughly 9.4 million new customers, and experienced double-digit growth year-over-year. The grocer is on track to continue the momentum: it opened 35 stores in the first quarter and saw an influx of roughly 5.3 million new customers as of April of this year.

The new stores will span the U.S., including in the Southeast region where Aldi recently opened its 26th regional headquarters and a distribution center in Loxley, Alabama to help support stores in the area. This year, Aldi will add stores in new markets including in New Orleans and Baton Rouge, Louisiana.

As part of its sustainability commitment, the grocer is enhancing new and existing stores with eco-friendly features, including adding rooftop solar panels and eliminating plastic shopping bags. Environmentally-friendly refrigerants will also be used in its stores.

Aldi will add nearly 2,000 employees to support the additional store count.

Related: Hannaford Launches Planet Hannaford; Aldi Goes West

Image: Aldi

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