Aldi Plans 800-Store Expansion
Aldi said Thursday it is planning to add 800 stores across the U.S. by the end of 2028 through a combination of new openings and store conversions.
"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 a statement. "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. With this commitment to add 800 stores in the next five years, we'll be where our shoppers need us while positively impacting the communities we serve."
Aldi said it will invest more than $9 billion over the next five years into its expansion plan. As part of its growth trajectory, Aldi will continue to support its presence in the Northeast and Midwest, adding nearly 330 stores across both regions by the end of 2028. The discount grocer will also grow its presence in the West by adding more stores in Southern California and Phoenix, and by entering new cities, like Las Vegas, said Aldi.
"For more than a decade, ALDI has added hundreds of stores per year across the country," said Hart. "This success would not be possible without our dedicated team members and supplier partners that bring our customers value and convenience every day. With our growth comes exciting opportunities for our teams and suppliers to grow with us."
The retailer also announced the completion of its acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners, which will help the company drive growth in the Southeast region, said Aldi.
Many Winn-Dixie and Harveys Supermarkets will transition into Aldi stores. Starting mid-summer, the retailer will begin a phased approach to the store conversion process. It noted that roughly 50 stores will begin the conversion process during the latter half of 2024, with many of these stores reopening as Aldi in 2025.
As announced last August, the retailer said it intends for many Winn-Dixie and Harveys Supermarkets to continue to operate under their current banners.