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A popular supermarket chain for the budget is deploying hundreds of new locations this year because many Americans financially struggle After years of inflation linked to the pandemic.
In the company’s February 7 announcement, Aldi declared that its 225 new locations will be distributed in the United States by focusing on the Southeast, breaking an expansion record for the previous company. The announcement occurred while ALDI continues to deploy its five-year strategy, which also involves converting 170 locations of Winn-Dixie and Harveys supermarkets in Aldis.
Last year, Aldi announced his intention to Add 800 locations Through the country by the end of 2028. The expansion plan of $ 9 billion was made public at the same time as the supermarket chain acquired southeast grocers, as well as its Winn supermarket banners -Dixie and Harveys.
“This is the greatest number of stores that Aldi will open in his American history in almost 50 years, because more buyers seek to save up to 36% during an average purchasing trip” , said the last press release.
Aldi Buying 400 Winn-Dixie, Store Harveys Supermarket
A customer leaves an Aldi supermarket on August 17, 2023 in PFLUGERVILLE, in Texas. (Photo by Brandon Bell / Getty Images / Getty Images)
“As part of the strategy, Aldi has concluded a transaction to deactivate around 170 Winn-Dixie and Harveys supermarket stores which are not part of the Aldi conversion plan into a consortium comprising this big suite.” This transaction allows Aldi to Create a targeted conversion portfolio in the Southeast as it progresses its expansion plans across the country. “
Aldi has also reported an increase in popularity in the past six years, saying that 25% of American households are buying in its stores.
“More than one in four American stores in Aldi For its affordable quality grocery stores, which is double the amount of six years ago, “Aldi’s declaration was read.” With buyers who save money on each trip, more buyers flock to Aldi than ever. “”
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An Aldi supermarket in Alhambra, California, United States, Thursday, June 27, 2024. (Eric Thayer / Bloomberg via Getty Images / Getty Images)
Aldi estimates that 100 converted locations will reopen by the end of 2025. The supermarket will also add new stores to the northeast and midwest regions, as well as “more stores in South California and Arizona, and enter into New communities, like Las Vegas, “The chain said.
In a press release, Aldi CEO Jason Hart said he was convinced of a gentle transition between grocery brands.
“When we announced our acquisition of southeast grocers, we shared that we intended for a significant number of Winn-Dixie and Harveys supermarkets to continue to work, and we hold this promise while supporting the Aldi growth, “said Hart. “During the last year, we have seen in the first hand how the wholesale grocers of C&S, the grocers of the Southeast and their teams continued to offer high quality, service and value to their customers, and we are convinced that they will successfully conduct the business in its next chapter.
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An external view of an Aldi grocery store. (Photo by Paul Weaver / Sopa Images / Lightrocket via Getty Images / Getty Images)
“The conversion of the remaining locations in Aldi format is of crucial importance for our national commitment to help buyers fill their quality grocery carts for less. While buyers continue to feel a sticker at the checkout , the value that Aldi offers cannot be beaten. “
Fox Business Elizabeth Pritchett contributed to this report.
