Discount grocery chain Aldi is about to surpass a store count milestone as the company moves forward with the next stage of its expansion in the United States.
The retailer is opening its 2,000th store and plans to open more than 70 new locations by the end of 2020. Additionally, Aldi will expand is presence in the southwest with its entrance into the Phoenix market and will support further Gulf Coast expansion with a new distribution center in Loxley, Alabama.
The company plans to break ground in 2021 on the new regional headquarters and distribution center that will serve new stores in southern Alabama, throughout the Florida Panhandle and in Louisiana.
“Each new store is an opportunity to serve another community, which is an honor and responsibility we do not take lightly,” said Jason Hart, CEO, Aldi U.S. “As we continue to expand, we promise to do everything in our power to offer the lowest prices, every day, without exception.”
News of Aldi’s expansion comes one day after Lidl announced further expansion into the northeast as the company recently opened its 100th store. While the two grocery chains cross paths in only a handful of key markets at the moment, the growing presence of both is leading many competitors to lower prices in an effort to stay competitive.
In recent years, Aldi has invested more than $5 billion in a multi-year, nationwide growth initiative to update existing stores and to open hundreds of new locations.
The company also increased its fresh food selection by 40% with a focus on new produce, meat and organic options, as well as easy to prepare foods, without compromising its commitment to low prices.
Aldi has also expanded its e-commerce offerings and in May announced the accelerated rollout of its Curbside Grocery Pickup service to nearly 600 stores by the end of July.
Beyond food, the grocery store chain has in recent years expanded its assortment of kitchenware products ranging from countertop electrics to bakeware and tableware products. The items are positioned as value-priced alternatives to similar products found at larger big box stores.