After recently being confirmed as the UK’s fourth-largest supermarket, Aldi has revealed where it is still looking to open new stores.
In its recent annual trading update, the supermarket, which has over 970 stores, said it had plans in place to open 16 more in the UK before the end of the year as it works towards its target of 1,200 outlets by 2025.
The areas where Aldi is still looking to bring new stores include cities like Bath and Birmingham, as well as smaller towns such as Penzance and Maidenhead (see list below).
Aldi stated that it is searching for freehold town-centre or edge-of-centre sites suitable for property development. The site should be able to accommodate a 20,000 sq. ft. store, located near a main road.
Aldi is also investing in the development of new and expanded distribution centres, which includes new sites in Bedford and Leicestershire.
With Aldi making market share gains as the cost-of-living crisis worsens, Giles Hurley, the discounter’s Chief Executive for UK and Ireland, said: “Independent research shows our discount is as compelling as ever and that’s why more and more people are switching to Aldi. We will do whatever it takes to maintain our discount to the traditional full price supermarkets and keep grocery prices as low as possible for the millions of customers that shop with Aldi.”
Some of the areas Aldi is targeting for new stores:
- South East – Caversham, Farnham, Maidenhead and Worthing
- South West – Bath, Teignmouth and Penzance
- West Midlands – Birmingham, Coventry and Warwick
- East Midlands – Chesterfield, Leicester and Derby
- East of England – Cheshunt, Brentwood and Rayleigh
- North West – Warrington, West Didsbury and Formby
- North East – Newcastle upon Tyne and Sunderland
- Yorkshire – Harrogate, Otley and York
- Scotland – Cathcart, Bonnyrigg and Ladysmill
- Wales – Barry and Chepstow
NAM Implications:
- Aldi is made for the current climate…
- (Like Lidl)
- Those suppliers playing catch-up (or even start-up) with Aldi…
- …now have a superb opportunity to tailor offerings by new Aldi location as a way into closer involvement.
- Your call…
