ALDI plans to open 650 new stores
ALDI plans to open 650 new stores
ALDI, a leading low-price grocer, announced a five-year strategic plan to open 650 new stores across the nation. The grocery retailer launched its expansion efforts with the decision to build its regional headquarters and distribution center in Moreno Valley, CA.
To reach its aggressive goal, over the next five years ALDI plans to accelerate the pace of new store openings to an average of 130 per year, up from an average of 80 stores per year in recent years. ALDI is also planning to invest more than $3 billion to pay for land, facilities and equipment.