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Aldi to add more stores with $3.4 billion investment

bizjournals Monday, 12 June 2017
Discount grocery chain Aldi Inc. plans to invest $3.4 billion in a plans to add more stores nationwide over the next five years. Aldi, which currently operates more than 1,600 stores in 35 states in the U.S., plans to expand to 2,500 stores nationwide by the end of 2022. The German-owned grocer said it will be adding 25,000 new jobs in stores, warehouses and offices as part of the expansion plan. “We’re growing at a time when other retailers are struggling," Jason Hart, CEO, said in a statement. The…
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News video: Low-cost grocery chain Aldi plans more US stores

Low-cost grocery chain Aldi plans more US stores 00:26

Low-cost grocery chain Aldi says it plans to add more stores in the U.S. over the next five years, meaning more competition for traditional grocers, Walmart and organics-focused chains like Whole Foods.

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