Aldi To Open 800 Stores, Completes SEG Acquisition
Aldi will open 800 stores over the next five years in the U.S. as the discount grocer continues to expand its presence across the country.
These robust growth plans include the successful completion of Aldi’s acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banner, which will drive significant growth in the Southeast over the next few years.
“"Our growth is fueled by our customers, and they are asking for more Aldi stores in their neighborhoods nationwide," said Jason Hart, CEO, Aldi. "With up to 40% savings on groceries, new customers are inspired to try us out, and existing customers keep coming back. While price is important, we earn their loyalty by stocking our shelves with only the best products and offering a quicker, easier, and more enjoyable shopping experience."
Aldi Insights
- In bringing the Southeastern Grocers acquisition to a successful close, Aldi will begin the store conversion process this summer starting with 50 SEG locations.
- Aldi will expand its presence in the Northeast and Midwest, adding nearly 330 stores across both regions by the end of 2028.
- Aldi will also grow in the West by adding stores in Southern California and Phoenix — and by entering new cities such as Las Vegas.
As it expands, the company will invest more than $9 billion over the next five years that will allow Aldi to strengthen its presence in the Northeast and Midwest, adding nearly 330 stores across both regions by the end of 2028. Aldi will also grow in the West by adding stores in Southern California and Phoenix — and by entering new cities such as Las Vegas.
"For more than a decade, Aldi has added hundreds of stores per year across the country," added Hart. "This success would not be possible without our dedicated team members and supplier partners that bring our customers value and convenience every day. With our growth comes exciting opportunities for our teams and suppliers to grow with us."
In the Southeast, the acquisition of Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners support Aldi expansion in the region. In addition to organic growth through new store openings, a significant number of Winn-Dixie and Harveys Supermarkets will convert to the Aldi format over the next several years.
Starting mid-summer, Aldi will begin a phased approach to the store conversion process. The company anticipates approximately 50 stores will begin the conversion process during the latter half of 2024, with the majority of these stores reopening as Aldi in 2025.
As announced last August, Aldi intends for a “meaningful amount” of Winn-Dixie and Harveys Supermarkets to continue to operate under their current banners. Both Aldi and Southeastern Grocers said they are committed to a seamless transition and continuing to deliver excellent value and customer service to their shoppers.
"With a long history of serving the Southeast, our steadfast commitment to helping our customers stretch their hard-earned dollars has remained a constant priority," said Anthony Hucker, president and CEO, Southeastern Grocers. "As we begin this next chapter, we will continue to deliver the quality, service and value our customers have come to expect from us."