ALDI ramps up U.S. expansion with goal of 2,500 stores by 2022

Grocer investing $5 billion in new and remodeled stores over next five years.

ALDI continues to disrupt the U.S. grocery industry by providing customers with a smarter way to shop. Building on its already-aggressive growth strategy and $1.6 billion program to remodel 1,300 stores by 2020, the grocery retailer has announced a $3.4 billion capital investment to expand to 2,500 stores nationwide by the end of 2022. With this growth, ALDI will become the third-largest grocery store by count in the U.S. and will serve 100 million customers per month.

In a turbulent retail environment, ALDI is bucking the trend plaguing many retailers by accelerating its growth of new stores with a total capital investment of $5 billion in new and remodeled stores over the next five years. It said the investment will also add 25,000 new jobs in stores, warehouses and offices while offering industry-leading compensation and generous benefits packages.

"We pioneered a grocery model built around value, convenience, quality and selection, and now ALDI is one of America's favorite and fastest-growing retailers," ALDI chief executive officer Jason Hart said. "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% lower than traditional grocery stores."

ALDI has continued to evolve its selection of products to include more fresh foods, gluten-free options and award-winning products throughout the store and said it also continues to increase its offering of fresh and sustainable seafood, specialty wines and cheeses, organic items from its SimplyNature line and Little Journey baby products. ALDI was also the first grocery store to offer all of its exclusive products free of certified synthetic colors, added trans fats and added monosodium glutamate.

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

ALDI currently operates more than 1,600 U.S. stores in 35 states.

TAGS: Business
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