Aldi plans to invest more than £550 million in expanding its store and distribution network during 2024.
This includes plans to open stores in new locations across the UK, as well as upgrading its existing stores and distribution centres to support growth, the retailer said.
New stores are expected to create 1,500 new jobs, with further job opportunities in its current stores, Regional Distribution Centres and UK offices. Aldi currently has more than 1,000 stores across the UK and has said it committed to continuing towards its long-term target of 1,500 locations.The announcement comes after Britain’s fourth largest supermarket recorded its strongest Christmas period to date yet.
Giles Hurley, CEO of Aldi UK and Ireland, said: “We’re continuing to welcome more and more new customers through our doors – with people coming for our low prices but staying for our award-winning quality and British sourcing. However, there are still areas of the country that don’t have an Aldi, or that need more or larger stores to meet demand.”
He added: “That is what our 2024 expansion plans aim to address. We now have more than 1,000 stores across the UK but there are plenty more Aldi stores still to come, in 2024 and beyond.”
Aldi recently became the first supermarket to guarantee store and warehouse colleagues at least £12 an hour after confirming new rates of pay which took effect from 1 February 2024.
The new minimum rate, makes Aldi the first supermarket to offer rates in line with the Real Living Wage that was set by the Living Wage Foundation in October last year
