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ALDI is planning a massive nationwide expansion that will add 800 stores to its footprint over the next five years. The $9 billion plan announced on Thursday calls for new locations in the Northeast, Midwest and West.
ALDI plans to add a combined 330 stores in the Northeast and Midwest as well as growth in key western markets, such as Phoenix and Southern California. Additionally, the grocery giant will open its first locations in Las Vegas.
ALDI’s grocery growth
In 2023, ALDI was by far the nation’s fastest-growing grocery chain, expanding at a time of persistently high food prices. The chain cut the ribbons at 109 new stores, which totaled 2.5 million square feet of space, according to JLL’s latest Grocery Report. That’s nearly three times as many new stores as Publix, which opened the second-most locations.
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ALDI also said on Thursday that it has completed the acquisition of about 400 Winn-Dixie and Harveys stores. The company plans to begin converting 50 of those stores to its proprietary format in the second half of this year and aims to reopen them in 2025. Since its first regional openings in the 1990s, ALDI has invested more than $2.5 billion in the Southeast.
Six months before the Winn-Dixie and Harveys deal was initially announced last August, ALDI opened a new regional headquarters in Loxley, Ala., a 564,000-square-foot building that combines class A office space with a distribution center.
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