Aldi has revealed that it is set to open four new stores in London between now and the end of the year.
New stores in Leytonstone and Beckton are set to open in the next couple of months, followed by outlets in Holloway Road and Muswell Hill.
The discounter noted that it is planning for more stores in London during 2025 as part of its long-term ambition to open another 100 sites in the capital.
Jonathan Neale, Managing Director of National Real Estate at Aldi UK, said: “There are still thousands of shoppers in the capital that don’t yet have access to an Aldi nearby and, as a result, too many people have to make do with big prices at the big supermarkets.
“That’s why, while we’re looking to open new stores across the country, London will be a particular focus for us over the coming years.”
The openings are part of Aldi’s long-term target of 1,500 stores in the UK, with the discounter investing £550m in expanding its footprint this year alone.
NAM Implications:
- 100 extra stores in London should increase Aldi’s appeal for suppliers…
- …and 1,500 in the UK should clinch it.
- Need any further encouragement to find a way of trading with Aldi?
