Current:Home > reviewsLooking for a deal? Aldi to add 800 more stores in US by 2028 -Wealth Nexus Pro
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-18 23:54:35
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 blinfisher@USATODAY.com 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! (43618)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Corn Harvests in the Yukon? Study Finds That Climate Change Will Boost Likelihood That Wilderness Gives Way to Agriculture
- X, formerly Twitter, tests charging new users $1 a year to use basic features
- American journalist detained in Russia for failing to register as foreign agent
- Could your smelly farts help science?
- Defendant in Tupac Shakur killing case is represented by well-known Las Vegas lawyer
- After rainy season that wasn’t, parched Mexico City starts restricting water
- Marine killed in Camp Lejeune barracks and fellow Marine held as suspect, the base says
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Holiday Gifts Under $50 That It's Definitely Not Too Soon To Buy
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Perfect no more, Rangers suddenly face ALCS test: 'Nobody said it was gonna be easy'
- Gwen Stefani's 3 Kids Are All Grown Up at Her Hollywood Walk of Fame Ceremony With Blake Shelton
- DHS and FBI warn of heightened potential for violence amid Israel-Hamas conflict
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- California Gov. Gavin Newsom to make a one-day visit to Israel en route to China
- Toy Hall of Fame: The 'forgotten five' classic toys up for induction and how fans can vote
- Watch: Meadow the Great Dane gives birth to 15 puppies in North Carolina, becomes media star
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Canada removes 41 diplomats from India after New Delhi threatens to revoke their immunity
Desperate and disaffected, Argentines to vote whether upstart Milei leads them into the unknown
Jeezy Breaks Silence on Jeannie Mai Divorce
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Natalee Holloway's Harrowing Final Moments Detailed in Joran van der Sloot's Murder Confession
Mortgage rates touch 8% for the first time since August 2000
Aid deal brings hope to hungry Gaza residents, but no food yet