USA

Aldi plans to reach 2,500 stores by 2022

IT & Logistic

Aldi has announced it is investing 3.4 billion dollars in expanding its stores to 2,500 units nationwide by the end of 2022, according to the retailer's press release.

Posted on Sep 20 ,10:32

Aldi plans to reach 2,500 stores by 2022

 

Aldi expects that with this growth it will become the third largest grocery store by 2022 in the US and serve nearly 100 million customers per month.

The retailer is already building on its already-aggressive growth strategy and 1.6 billion dollar program to remodel 1,300 stores by 2020.

“We’re growing at a time when other retailers are struggling. We are giving our customers what they want, which is more organic produce, antibiotic-free meats and fresh healthier options across the store, all at unmatched prices up to 50 percent lower than traditional grocery stores,” said Jason Hart, CEO Aldi.

Over the next five years, Aldi says that it is bucking the trend plaguing many retailers by accelerating its growth of new stores with a total capital investment of $5 billion in new and remodeled stores.

Furthermore, the retailer wants to create 25,000 new jobs in stores, warehouses, and offices.

Photo Source: Jeff Buck/Geograph.org.uk

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