Aldi Announces $3.4 Billion Investment for 2,500 U.S. Stores

Aldi Announces $3.4 Billion Investment for 2,500 U.S. Stores

BATAVIA, IL - Looking to build on its aggressive growth strategy for U.S. markets, Aldi is putting $1.6 billion into the remodeling of 1,300 stores by 2020. The grocery retailer also announced a $3.4 billion investment to expand its total number of grocery stores to 2,500 by the end of 2022.

Jason Hart, Chief Executive Officer, Aldi (Photo Credit: The National Confectioners Association)“We pioneered a grocery model built around value, convenience, quality, and selection,” said CEO Jason Hart. “And now Aldi is one of America’s favorite and fastest growing retailers. 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.”

With this growth, Aldi will be the third largest grocery store by count in the United States, according to a press release, and will cater to 100 million customers each month. In addition, Aldi will add 25,000 new jobs in stores, warehouses, and offices, with industry-leading compensation and benefits packages. 

Aldi has continued to evolve its selection of products to include more fresh foods, gluten-free options, and award-winning products throughout the store. Aldi also continues to increase its offering of fresh and sustainable seafood, specialty wines and cheeses, organic items from its SimplyNature line.

Photo Source: ACAPMAg

“We have passionate fans who know Aldi offers a smarter way to feed their families in a modern, convenient, and easy-to-shop environment,” added Hart. “If you’ve never shopped with us, we invite you to come in and discover the Aldi that millions already know and love.”

Aldi stated that it was the first grocery store to offer all of its exclusive products free of certified synthetic colors, added trans fats, and added MSG.

AndNowUKnow will continue to provide updates as Aldi grows business in the U.S.