Aldi to open 100 new stores over two years

The group has now pledged to invest £1.3bn by 2023 in a bid to further grow its retail estate

Aldi has announced that it plans to open 100 new stores across the UK over the next two years.

The group has now pledged to invest £1.3bn by 2023 in a bid to further grow its retail estate, as it continues to push ahead with plans to open an average of one new store a week.

Locations where it plans to expand its footprint include cities such as York and Coventry, as well as smaller towns such as Bicester and Hitchin. 

The group said it was on the lookout for freehold town-centre or edge-of-centre sites suitable for property development, as well as sites that are big enough to accommodate a 20,000 sq ft store and around 100 dedicated parking spaces, preferably on a prominent main road and with good visibility and access.   

As well as the expanded store estate, Aldi said it will also be investing in the development of new and expanded distribution centres.

Richard Thornton, communications director at Aldi UK, said: “We’re continuing to gain even more customers – with over 60% of UK households shopping with Aldi in the last year.

“Our focus is on expanding our store estate, making sure Aldi is accessible to as many of these new shoppers across the country as possible. Looking ahead, we are excited to provide millions of new customers with access to Aldi’s award-winning quality and unbeatable value as we create even more places and more ways to shop with us.”

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