Discount supermarket chain ALDI announced that it plans to add 800 stores nationwide by the end of 2028 through new stores and conversions of existing ones.
Additionally, ALDI reported that it has completed the acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners, strengthening its presence in the Southeast region over the next few years.
ALDI’s CEO, Jason Hart, credited customers for driving their growth and emphasizes their commitment to providing the best products and a convenient shopping experience.
“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. With this commitment to add 800 stores in the next five years, we’ll be where our shoppers need us while positively impacting the communities we serve,” Hart emphasized.
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The discount grocer said it will invest over $9 billion in the next five years to expand its presence nationwide. ALDI plans to grow in the Northeast and Midwest by adding around 330 stores by 2028. Additionally, it will expand in the West by adding more stores in Southern California and Phoenix and entering new cities such as Las Vegas.
Hart also acknowledged the importance of their team members and supplier partners in achieving this success.
Meanwhile, ALDI is expanding in the Southeast with the acquisition of Southeastern Grocers, which includes Winn-Dixie and Harveys Supermarket chains. They plan to convert many of these stores to the ALDI format in the coming years.
ALDI Store Conversion to Begin in the Summer
In mid-summer, the store conversion process will begin, with around 50 stores expected to start the conversion in the second half of 2024. Most of these supermarkets will reopen as ALDI in 2025.
The company said it will keep many Winn-Dixie and Harveys Supermarkets operating under their current banners.
For his part, Anthony Hucker, President and CEO of Southeastern Grocers, emphasized the company’s commitment to providing quality, service, and value to customers in the Southeast throughout this transition.
“As we look ahead to this next chapter in our company history, both the ALDI and SEG teams will play a critical role in driving the business forward for our future collective success,” said Hucker.
As part of its growth, ALDI plans to build and remodel stores with sustainable features such as energy-efficient LED lighting, environmentally friendly refrigeration systems, rooftop solar systems, and more.