Amid the cost-of- living crisis, Aldi has witnessed increased demand for its stores as people look to make significant savings.
In its annual trading update on Monday 15th September, Aldi has revealed that Greater London is one of the areas it is targeting as part of its £1.6bn expansion plan over the next two years.
The UK’s fourth-largest supermarket said it planned to open 80 stores across 2026 and 2027 to meet the UK’s growing demand for affordable groceries. The investment will also go towards upgrades to new stores and the development of distribution centres.
The supermarket has now confirmed it will spend an estimated £48million in Greater London over this two year period.
The investment will see Aldi bring new stores to Orpington, Edgware Road, Willesden and Hanworth, while the supermarket has also stated that it is still looking for sites in Walthamstow, Barking, Chiswick, Dulwich, and Elephant & Castle to open new stores in over the coming years.
Giles Hurley, Chief Executive Officer for Aldi UK and Ireland, said: “Shoppers are still finding things difficult and that’s why we’re staying laser-focused on doing what Aldi does best – offering customers great quality products at unbeatable prices.
“Nobody else is making the same commitment to everyday low prices – no clubs, no gimmicks, no tricks – just prices our customers can trust and quality they can depend on.
“Since we opened our first UK store more than 35 years ago, we’ve brought high-quality, affordable groceries to almost 800 towns and cities, but there are hundreds more communities that don’t have an Aldi nearby.
“We’re more determined than ever to meet that demand, and that’s why we’re investing a record £1.6bn over the next two years, to bring Aldi prices closer to millions more customers.”
