ALDI Completes Purchase of Delhaize Group’s Bottom Dollar Food Real Estate Sites

Batavia, Ill. — ALDI, a low price grocery leader, has completed its purchase of 66 real estate assets from the Delhaize Group. The transaction includes the land, buildings and leasehold improvements associated with Delhaize’s recently retired Bottom Dollar Food operation.

“ALDI has been offering fresh, affordable groceries in Pennsylvania and Southern New Jersey communities for 20 years. With the completion of this real estate transaction, we are able to ramp up our expansion plans in the region to meet the growing demand for the ALDI difference: high-quality groceries at everyday low prices in an easy-to-shop store,” says Jason Hart, CEO, ALDI. “While we are excited to pursue opening ALDI stores at 30 of these locations [listed below], we will continue working with those communities where we will not be using the sites to ensure a smooth transition.”

In December 2013, ALDI embarked on an accelerated growth plan to open 650 new stores by the end of 2018, with the goal of operating nearly 2,000 stores across the country. ALDI also is planning to invest more than $3 billion to pay for land, facilities and equipment. When the expansion is complete, ALDI will have stores coast-to-coast.

ALDI intends to re-open the following sites as ALDI stores:

NEW JERSEY

PENNSYLVANIA

A leader in the grocery retailing industry, ALDI operates nearly 1,400 U.S. stores in 32 states, primarily from Kansas to the East Coast. For more information about ALDI, visit www.aldi.us.

SOURCE: ALDI Inc.