Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Retail Design & New Openings

  • Home
  • Retail Design & New Openings
  • Aldi plans to open 100 new US stores this year

Aldi plans to open 100 new US stores this year

  • Categories Retail Design & New Openings, Retail News, Top News
  • Date February 10, 2021
  • Comments 0 comment

German discount grocer Aldi said Wednesday it will open 100 new stores this year in the United States, continuing its rapid growth in the country.

Aldi, which has more than 2,000 stores in 37 states already, said its new stores will be located in Arizona, California, Florida and the Northeast region. The privately-held grocer says it’s on track to become the third largest supermarket chain behind Kroger (KR) and Walmart (WMT) in terms of store count, with 2,500 stores in the US by the end of 2022.
Aldi’s expansion comes as the coronavirus pandemic has boosted grocery chains. With many restaurants shuttered and consumers stocking up on food and grocery essentials to eat at home, sales at grocery stores increased 7.9% in December from the same month in 2019, according to the most recent data from the US Commerce Department.
Aldi has a low-cost business model and boasts that its prices are up to 50% cheaper than traditional supermarkets. At around 12,000 square feet, its stores are much smaller than a typical US supermarket of 40,000 square feet. More than 90% of the brands Aldi sells are its own private labels.
There are other quirks to the store, too. Shoppers need a quarter to rent a shopping cart. At checkout, cashiers hurry shoppers away to bag their own groceries in a separate location away from the cash register.
Aldi’s close competitor Lidl, another German grocer with a similar business model, is racing to grow in the United States, too. Lidl entered the country in 2017 and has more than 100 stores. In August, Lidl said it would open 50 new stores by the end of this year.
Source: CNN
  • Share:
gsiino

Previous post

Dollar Tree’s Family Dollar taps Instacart to make same-day deliveries
February 10, 2021

Next post

Will Digital Still Go Physical?
February 11, 2021

You may also like

Celine
Celine Shop-In-Shop Opening – Paris
15 March, 2023
Private-LAbels-fashion-luxury
Private labels: the future of luxury department stores?
6 March, 2023
EUROSHOP_2023_WEB-1200×857
Euroshop 2023! Top 75 Specialists & Key Highlights
4 March, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Celine Shop-In-Shop Opening – Paris
15Mar2023
Private labels: the future of luxury department stores?
06Mar2023
Euroshop 2023! Top 75 Specialists & Key Highlights
04Mar2023
TOTEME Shop-in-shop in Seoul
03Mar2023
Y-3 opens its first ever store Down Under
03Mar2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy