No user image
Robert.Jervis_43227 Oct 01

Aldi pledges record £1.3 billion investment as sales soar

aldi
Aldi unveils £1.3 billion investment plan to mark 30th anniversary in the UK
Aldi has pledged to invest a record £1.3 billion over the next two years (2020-2021) with new and upgraded stores, distribution centres and further innovations across its business.

The plans are expected to create a further 4,000 new jobs next year, adding to the 3,000 permanent roles already created in 2020.

The supermarket, which celebrates its 30th anniversary in the UK this year, said its continued investment in Britain was “recognition for three decades of trust and loyalty” shown by its growing base of loyal customers.

Under its investment plan, Aldi expects to open around 100 new stores across the UK over 2020 and 2021 in line with its long-term target of 1,200 stores by 2025, alongside over 100 store upgrades under its Project Fresh initiative. Other investments include new and expanded distribution centres and the rollout of recent innovations and developments, including its new ‘click and collect’ service which was successfully piloted and launched to customers last week.

Giles Hurley, Chief Executive Officer for Aldi UK and Ireland, said:

“For over 30 years, our success has been driven by the ever-increasing number of shoppers who put their trust in Aldi every time they shop with us. This is what enables us to keep investing in Britain – in our products, our prices, our people and in the communities we serve.

“The founding principle of our UK business back in 1990 was to offer a carefully-selected range of great quality products at the lowest prices. Whilst we’re continuing to innovate to give customers an even better experience and greater convenience, our core philosophy remains unchanged.

“With the UK’s economic outlook increasingly uncertain, families are more concerned about their grocery bills than ever. We’ve seen before that our customers need us most in times of financial hardship, which is why our commitment to remain Britain’s lowest-priced supermarket is more important than ever.”