Aldi to Implement Aggressive U.S. Nationwide Expansion Plan
WEST VIRGINIA and U.S. - Aldi Inc. has made recent plans to open a new prototype store in Hurricane’s Liberty Square, West Virginia, as the company continues with its strategy to potentially double the number of locations in the state in the coming years.
In addition, Russ White, Regional Director of Real Estate for Aldi, said the company hopes to open between 600 to 650 new stores nationwide over the next five years as part of its aggressive nationwide expansion plans.
The Hurricane location will cover 18,000 square feet and will be somewhat larger than existing Aldi stores in West Virginia. White noted it will be Aldi’s latest prototype format, offering expanded selections that are not available in other locations.
“The store is a little bigger, a little more modern and just gives us the opportunity to best serve the customer as our product line has expanded and the store has kind of grown with it,” White said.
Founded in Germany, Aldi began opening U.S. stores in the 1970s, and currently has more than 1,300 stores in 32 states. Most locations are nestled between Kansas and the East Coast, according to the Charleston Daily Mail.
“As a company, we’re growing at about 120 stores a year, give or take, over the next five years,” White said.
White noted that the chain could open six to eight new stores in West Virginia, not counting the Hurricane location — as part of the five-year expansion.
“We’re excited,” White said. “We’ve got the product line, we feel like we’ve got a good niche and loyal customers and we feel like we’re primed to grow.”
Aldi locations have features that differentiate them from normal grocery stores. These features are designed to boost efficiency and cut costs for shoppers. Aldi stores also have a smaller footprint and are designed in a way to boost efficiency and cut costs.
“We keep our operating costs and overhead as low as possible so we can pass those savings on to customers,” White said.
Stay tuned to AndNowUKnow as we keep our finger on the pulse of this expanding grocery retailer.
