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UK: Aldi to open more London stores as part of expansion plans

Aldi is aiming to bring lower food prices by securing more supermarket locations, as part of a multi-million-pound expansion plan in London.

The German discounter has pledged to almost double its 60-strong estate within the M25 and create around 2,400 jobs. Aldi currently has more than 990 stores across the UK and will open its 1,000th store later this year.

Aldi is looking for locations big enough for its standard 20,000 sq ft stores, which need around 100 dedicated parking spaces, preferably on main roads with good visibility and access.

In addition, the supermarket says it is also on the lookout for sites to accommodate its smaller Aldi Local store format, which are around 5,000 sq ft in size. It is targeting empty office blocks and new housing locations as well as freehold town-centre or edge-of-centre sites suitable for property development.

“We strongly believe that access to affordable, high-quality food is a right, not a privilege. But we’re conscious that there are still many areas, particularly in the capital and within the M25, that don’t have access to an Aldi,” regional managing director at Aldi, Ben Shotter said.

He added: “As a result, too many people have to make do with big prices at the big supermarkets. We want to give more people a new Aldi store with our award-winning products at unbeatable prices.

“We are looking for locations across the UK, but particularly in London.”

It comes as Aldi is set to create more than 6,000 new job roles as it looks to expand the business in 2023. Aldi was also named the nation’s favourite supermarket, according to the latest polling data from YouGov.

Source: Grocery Gazette

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