Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

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…
Share on
Share on
Post on 
Share by
Source: Rumble - < > Embed
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.

You Might Like

Recent related news

Facebook plans to triple its investment in Los Lunas data center

Facebook is announcing that it plans to construct a total of six buildings at its billion-dollar data center in Los Lunas, tripling the company's original...
bizjournals - Business

Wal-Mart raises profit guidance as it reports third quarter revenue growth

Wal-Mart Stores Inc (NYSE:WMT) reported a 4.2% increase in third quarter revenue, driven by a jump in online sales and demand following hurricanes in the US....
Proactive Investors - Business

U.S. Vape Stores Market 2017: State And Regional Location Patterns Analysed - Research and Markets

U.S. Vape Stores Market 2017: State And Regional Location Patterns Analysed - Research and Markets
DUBLIN--(BUSINESS WIRE)--The "U.S. Vape Stores: State And Regional Location Patterns Analysed" report has been added to Research and Markets' offering. This...
Business Wire - Press Releases

Other recent news in Business

AT&T will reportedly face an antitrust lawsuit over its $84.5 billion TIME WARNER dealNebraska regulators OK alternate KEYSTONE XL PIPELINE route, clearing major hurdle
Justice Department Set To Sue To Block AT&T-Time WARNER DEALEuropean Central Bank boss warns banks to finish BREXIT preparations now
Kohl's Black Friday sales have begun, 3 full days before THANKSGIVING (KSS)Capitalism is already breaking down NORTH KOREA's government — and it could be the end of Kim Jong Un
BITCOIN: The $200 billion lieJANET YELLEN to resign from Fed after Trump denies her second term as chair
Trump's charitable foundation says it's shutting down, but an ongoing investigation in NEW YORK may complicate thatGlenn Thrush, New York Times Reporter, Accused of SEXUAL MISCONDUCT


Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+