Current:Home > StocksLooking for a deal? Aldi to add 800 more stores in US by 2028 -Mastery Money Tools
Looking for a deal? Aldi to add 800 more stores in US by 2028
View
Date:2025-04-13 10:35:50
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! (99316)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Boeing declines to give a financial outlook as it focuses on quality and safety
- Islamic Resistance in Iraq group is to blame for Jordan drone strike that killed 3 troops, US says
- Elisabeth Moss Is Pregnant, Expecting First Baby
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Tennessee police fatally shoot man who pointed gun, fired at officers, authorities say
- Report: Baltimore Orioles set for $1.725 billion sale to David Rubenstein, Mike Arougheti
- Joel Embiid leaves game, Steph Curry scores 37 as Warriors defeat 76ers
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Mega Millions jackpot climbs to $333 million for January 30 drawing. See winning numbers
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- The Federal Reserve's first rate meeting is on Wednesday. Here's what economists say about rate cuts.
- From marching bands to megastars: How the Super Bowl halftime show became a global spectacle
- Rita Moreno, Debbie Allen, Ariana DeBose of 'West Side Story' honor the original Anita, Chita Rivera
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Days of Darkness: How one woman escaped the conspiracy theory trap that has ensnared millions
- Bud brings back Clydesdales as early Super Bowl ad releases offer up nostalgia, humor, celebrities
- This Michael Kors $398 Crossbody Can Be Yours For Just $63, Plus More Deals Up to 82% off
Recommendation
Could your smelly farts help science?
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
Trump-era White House Medical Unit improperly dispensed drugs, misused funds, report says
Patrick Mahomes on pregame spat: Ravens' Justin Tucker was 'trying to get under our skin'
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Police Arrest Pennsylvania Man Who Allegedly Killed Dad and Displayed Decapitated Head on YouTube
Patrick Mahomes on pregame spat: Ravens' Justin Tucker was 'trying to get under our skin'
Investigator describes Michigan school shooter’s mom as cold after her son killed four students