Posted 3/9/2024, 11:40:27 PM
Aldi to Add 800 Stores in $9B National Expansion as Shoppers Seek Discounts Amid High Inflation
- Aldi plans to add 800 new discount grocery stores in the U.S. over the next 5 years
- Aldi looking to capitalize on inflation leading consumers to switch to cheaper stores
- Consumers shifting away from name brands to store brands due to high prices
- Aldi recently acquired Southeastern Grocers; will convert many to Aldi stores
- Aldi investing over $9 billion into national expansion fueled by customer demand
