Batavia, Ill. — ALDI, a low-price grocery leader, will launch its first stores in Southern California in March 2016, expecting to open approximately 25 stores before July 2016.
Since opening its first store in 1976, ALDI has achieved measured, but steady, growth and today, ALDI operates nearly 1,400 stores across 32 states, primarily from Kansas to the East Coast.
The ALDI expansion to California is part of a 5-year strategic plan to open 650 new stores across the nation. By the end of 2018, ALDI expects to operate nearly 2,000 stores. To support its expansion plan, ALDI will invest more than $3 billion to pay for land, facilities and equipment.
“At ALDI, we firmly believe that amazing quality can be affordable, and we are excited to bring our small-format, convenient grocery shopping experience to Southern California,” says CEO Jason Hart.
For more information, visit www.aldi.us.
SOURCE: ALDI