Aldi plans to open 500 new shops amid ‘huge demand’ for low cost supermarkets

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ldi has set out plans to open 500 extra shops throughout the country, after opening its one thousandth UK retailer at present in Woking.

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The low cost supermarket mentioned it has seen demand develop as shoppers flip to lower-priced options amid the cost-of-living disaster. According to market analysis agency Kantar, Aldi is the fastest-growing grocery store within the UK, the fourth-largest by market share. Fellow discounter Lidl has additionally seen its market share rise.

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Aldi UK and Ireland CEO Giles Hurley, mentioned: “Opening our 1,000th store is a huge milestone and wouldn’t have been possible without the hard work and dedication of our 40,000 incredible colleagues.

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“Our popularity is growing, and there is huge demand for people to have an Aldi store near to them to increase shoppers’ access to our unbeatable prices.

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“The next phase of our expansion will involve another 500 new stores over the coming years. It is a long-term target and is not a ceiling to our ambition to have an Aldi store close to everyone in the UK.”

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In complete, Aldi plans to speculate £1.3 billion into its enlargement plans over the subsequent two years. The enlargement will embody 20 extra new retailers this 12 months. That is a mean of a brand new retailer opening each six days.

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Last month, Aldi revealed it's planning to rent greater than 1,700 employees in its warehouses.

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At the time, Kelly Stokes, recruitment director at Aldi UK, mentioned: “As we continue to grow and attract new shoppers, we need even more amazing colleagues at our distribution sites to make everything possible.”

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