Aldi U.K. has made it known that it is investing £1.3 billion over the next two years (2022-2023) to add 100 stores, create more jobs and elevate how shoppers shop its predominantly store brand products in the region.
CEO Giles Hurley made the pledge during its annual trading update saying the investment comes at a time when Aldi’s sales in the U.K. and Ireland had grown 10.2% to a record £13.5 billion in 2020, compared with £12.3 billion in 2019. For 2021, the chain referred to Kantar panel data ending 12 weeks Sept. 5, showing Aldi U.K. had the highest share of supermarket shoppers in the United Kingdom at 8.1%.
“As well as delivering record sales, we continued to invest for growth, deploying over £600 million in stores and distribution centres across the U.K.,” said Hurley. “This helped to create thousands of much-needed jobs and support for British farmers and manufacturers. Whilst the cost of responding to the pandemic dampened profits, our decision to return business rate relief was the right thing to do.”
Earlier, Aldi U.K. made a pledge to halve the volume of plastic packaging it uses by 2025, removing more than two billion pieces of plastic from circulation.
Aldi U.S., has a similar pledge, calling for 100% of its private label packaging to be reusable, recyclable or compostable by 2025, while cutting packing materials for those products by 15% over the same period.