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Feb. 10, 2021, 7:43 a.m. EST

Aldi adding 100 stores in the U.S. in 2021

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By Tonya Garcia

German grocer Aldi is expanding in the U.S., with plans to add 100 stores in 2021. The locations will focus on Arizona, Florida, California and the northeast. Aldi is also adding a regional headquarters and distribution center in Loxley, Ala. The facility is the sixth distribution center in the southern U.S., and it will service up to 100 stores in the region, including the Florida Panhandle and Mississippi. There are plans for as many as 35 new stores along the Gulf Coast by 2022. The Loxley facility will create 200 jobs when it opens next year, and have eco-features like LED lights and an environmentally-friendly refrigeration system. Aldi is also adding curbside pickup to 500 stores this year, bringing the total offering the service to more than 1,200. Aldi U.S. has more than 2,000 stores in 37 states. Aldi is expanding at a time when grocery sales and online grocery have accelerated due to COVID-19. Companies like Walmart Inc. /zigman2/quotes/207374728/composite WMT +2.13% and Kroger Co. /zigman2/quotes/206215053/composite KR +1.92% have made enhancements to keep up with demand.

/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 126.00
+2.63 +2.13%
Volume: 9.40M
May 26, 2022 4:00p
P/E Ratio
27.09
Dividend Yield
1.78%
Market Cap
$339.61 billion
Rev. per Employee
$250,440
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/zigman2/quotes/206215053/composite
US : U.S.: NYSE
$ 52.14
+0.98 +1.92%
Volume: 5.87M
May 26, 2022 4:00p
P/E Ratio
23.87
Dividend Yield
1.61%
Market Cap
$36.96 billion
Rev. per Employee
$328,305
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