Aldi has revealed that it will open ten new stores in the UK over the next 14 weeks, while a further 30 sites will undergo a refresh.
The discounter, which now has more than 1,050 outlets, will be opening new stores in Brighouse (West Yorkshire), Oldbury (West Midlands), Caterham (Surrey), Sheffield (South Yorkshire), Deeside (Wales), Fulham Broadway (London), Diss (Norfolk), Hilton (Derbyshire), West Denton (Newcastle), and Market Harborough (Leicestershire).
The openings form part of Aldi’s long-term target to have 1,500 stores in the UK, with it investing £650m in expanding its footprint this year alone.
“At Aldi, our goal is to ensure everyone has access to high-quality food at unbeatable prices, and we’re committed to achieving that with our ambitious store opening plans,” said Jonathan Neale, Managing Director of National Real Estate at Aldi UK.
“We’re targeting 40 new store openings in 2025, while many of our current stores will also be getting a refresh to enhance the customer experience, meaning we can consistently offer the best value for money to even more shoppers across the UK.”
Kantar data published yesterday showed Aldi’s share of the market reached a record high of 11.1% over the 12 weeks to 18 May after its sales increased by 6.7% – its fastest growth rate since the start of last year.
NAM Implications:
- It could be said that Aldi is on a roll…
- …and investing appropriately….
- …in a market made for discounting.
- And given Aldi’s €112bn global sales, why not?
- Time for suppliers to assume Aldi will comfortably achieve their UK target of 1,500 stores…
- …and find a way of climbing aboard.
