Aldi to open 70 new stores by end of 2020
Aldi now has 2,000 stores, and it plans to open another 70 new locations by the end of the year.
The company’s continuing expansion will also include entering the greater Phoenix market and, in 2021, building a new distribution center in Loxley, Ala., to support more expansion on the Gulf Coast, according to a news release. Aldi has invested more than $5 billion in recent years to remodel existing stores and add hundreds of new ones.
“Each new store is an opportunity to serve another community, which is an honor and responsibility we do not take lightly,” Jason Hart, ALDI U.S. CEO, said in the release. “As we continue to expand, we promise to do everything in our power to offer the lowest prices, every day, without exception. In fact, as food costs are rising across the country, we’re lowering prices on hundreds of items to meet our customers’ increased need for savings.”
Along with its aggressive growth in recent years, Aldi has increased its fresh food selection by 40%, according to the release. It has also expanded its e-commerce presence, with delivery available through third-party services for more than 10,000 zip codes and curbside pickup an option at nearly 600 stores.
Aldi’s entry into the greater Phoenix market later this year will include four new stores. Arizona is the 37th state for Aldi.
The company’s new distribution center in Alabama will serve new stores in southern Alabama, the Florida Panhandle and Louisiana, which will be the 38th state for Aldi. The retailer already has 180 stores in Alabama and Florida, plus four regional headquarters and distribution centers in the area, per the release.
