Major grocery store to open 23 new UK shops and can refurb 100 extra – see record
Major supermarket brand Aldi is set to open 23 new stores across the UK before the year’s end.
The budget supermarket chain has announced an £800million investment to “speed up its expansion across Britain”, with new branches popping up in Muswell Hill, London, Caterham, and Surrey.
While 13 new locations have been confirmed by the chain, exact opening dates remain under wraps. The hefty investment will also fund the refurbishment of 100 existing stores, expand its distribution centres network, and update its “technology infrastructure”.
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This move aligns with Aldi’s ambition to operate 1,500 stores in the UK – a significant leap from its current 1,020. This announcement coincides with Aldi’s latest annual results, revealing a sales growth of £2.4billion – or 16% – to £17.9billion for the year until December 2023. Aldi hails this as its “highest-ever period of sales growth”.
The company also reported a pre-tax profit surge to £536.7million, a substantial increase from £152.6million in 2022, reports the Mirror.
The full list of new stores is:
- Leytonstone, London
- Gosforth, Northumberland
- Pwllheli, Gwynedd
- Castle Douglas, Dumfries and Galloway
- Horsham, West Sussex
- Mere Green, Birmingham
- Billericay, Essex
- March, Cambridge
- Penistone Road, Sheffield
- Cheadle, Greater Manchester
- Caterham, Surrey
- Ashford, Kent
- Fulham Broadway, London
Giles Hurley, the top boss of Aldi in the UK and Ireland, has proudly announced: “British shoppers are voting with their feet and choosing Aldi as their first-choice supermarket.
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“We’re responding with our biggest ever annual investment in Britain. For every £1 of profit generated last year, we’re investing £2 this year – opening more stores and building the supply infrastructure to bring high-quality, affordable groceries to millions more families the length and breadth of Britain.”
Hurley didn’t stop there, he added: “We’re also investing at record levels to cut prices, reward our amazing colleagues and support more causes in our local communities. All while creating thousands more jobs and even more opportunities for our growing base of British suppliers and farmers.”
Looking ahead to the festive season, the Aldi CEO revealed: “As we head towards the Christmas trading period, we’re all set to launch our biggest and best-ever seasonal range, including hundreds of premium range products at unbeatable prices for our customers.”
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