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Discount Grocer Aldi Adding 800 New Stores

Chain hopes to capitalize on US shoppers weary of inflation
By Newser Editors and Wire Services
Posted Mar 7, 2024 1:22 PM CST
Discount Grocer Aldi Adding 800 New Stores
Customers walk into an Aldi supermarket in Bensalem, Pa., in this file photo.   (AP Photo/Matt Rourke, File)

Aldi plans to add 800 of its grocery stores across the US in a five-year expansion plan as it looks to capitalize on cost-conscious Americans feeling the pinch at grocery stores. Aldi said Thursday that it's looking in particular to add about 330 stores across the Northeast and Midwest regions by the end of 2028, per the AP. The company will also add more stores in southern California and Phoenix and enter new cities, including Las Vegas. Aldi is a "discount grocer," per Supermarket News, and the chain's expansion comes as consumers have begun to change the way they shop amid inflation.

Tired of prices that remain about 19% above where they were before the pandemic, consumers are seeking new avenues to cut down on spending, per the AP. In grocery stores, they're shifting away from name brands to store-brand items, switching to discount stores, or simply buying fewer items like snacks or gourmet foods. Aldi, which recently closed on its acquisition of Southeastern Grocers, said that it will convert a significant number of Winn-Dixie and Harveys Supermarket locations to its format over the next several years.

(More Aldi stories.)

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