Aldi defies pandemic-fueled closings with plans to open another 70 stores this year - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Aldi defies pandemic-fueled closings with plans to open another 70 stores this year

Aldi said Tuesday it plans to open another 70 US stores before the end of the year. Aldi is on track to become the third largest grocery chain in the US by store count by 2022. Aldi is charging ahead with its US expansion despite the pandemic's devastating impact on the retail industry, which has seen dozens of major chains announce store closures in recent months.

The German grocer, which is one of the largest supermarket chains in the world, said Tuesday that it plans to kick off its "next wave of expansion" with 70 store openings in the next five months. As part of the expansion, Aldi will enter two new states: Arizona and Louisiana. Aldi will also break ground on a new distribution center and regional headquarters in Loxley, Alabama that will support new store openings in the Gulf Coast.

Aldi also announced that it has surpassed 2,000 stores in the US, and is still on track to become the country's third-largest grocer by store count in 2022 behind only Walmart and Kroger. Aldi is opening dozens more stores this year, even as many retailers are contracting or slowing growth amid the pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If this pandemic brings us one gift can it please be the retirement of coin operated shopping carts?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Verily's goal to beat the pandemic pushes some employees to the edge - Business InsiderIn March, Trump announced Google would build a coronavirus testing tool. Some employees working on it describe exhausting conditions, stress and tears as they work around the clock to pull it off. Perhaps realDonaldTrump should tap datametrex They have millions of the premier PCR Nucleic-Acid RapidTestingKits that are Manufactured & BattleTested in SouthKorea Same tests used to screen passengers at their InternationalAirports & DriveThrough
Source: BusinessInsider - 🏆 729. / 51 Read more »

Flying on United Airlines during the pandemic; social distancing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US meat industry is making people sick, needs change to fight pandemics - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. psskow vegetarian burgers are a very good option
Source: BusinessInsider - 🏆 729. / 51 Read more »

The 11 best coastal cities to live in after the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Maine is boringggggg. You would lose your mind living there idk how that’s 1 Why the fuck they all usa?
Source: BusinessInsider - 🏆 729. / 51 Read more »

'The Baby-Sitters Club' inspires teens to babysit during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ahoffkosik This is such a great series. My kids loved it!
Source: BusinessInsider - 🏆 729. / 51 Read more »