Aldi eyes major expansion in the U.S. with plans to open 120 new stores in 2023

German grocery discounter Aldi remains one of the fastest-growing chains in the U.S. market.

German grocery discounter Aldi remains one of the fastest-growing chains in the U.S. market. The retailer plans to open 120 new stores by the end of 2023.

Thus, the total number of stores under Aldi management in the U.S. will reach 2,400. Since the beginning of the year, 35 outlets have opened. The expansion will include the fast-growing Southeast region, where the retailer’s new regional headquarters and distribution center was opened. In addition, the German grocery giant will enter new markets in Baton Rouge and New Orleans.

In 2022, Aldi invested in the opening and renovating of about 140 stores in the U.S. As a result, the company reported 9.4 million new customers and double-digit revenue growth. As part of a new wave of expansions, the company will hire 2,000 new employees.

Earlier this year, Aldi also launched on-demand delivery via DoorDash in the U.S. Most stores in the chain’s 38 states of presence were connected to the service. Currently, delivery is available to customers through the DoorDash app or website. Last fall, the retailer also offered customers delivery and pickup through the Spryker Systems platform.

Aldi is a global discount supermarket chain founded in 1946 in Germany by brothers Karl and Theo Albrecht. Today, Aldi has over 12,000 stores in 20 countries, making it one of the largest grocery retailers in the world. The company is known for its low prices and no-frills shopping experience. Aldi’s stores typically carry a limited selection of products, focusing on necessities and private-label brands. This streamlined approach allows the company to keep costs low and pass on savings to customers.