Aldi reveals plans for £800 million expansion across UK – London Business News | Londonlovesbusiness.com

Aldi has reported a surge in sales and profits and as such have revealed plans to spend £800 million in an expansion programme across the UK.

Aldi are to open 23 stores be the end of 2024 and the discount supermarket will revamp some 100 shops.

Giles Hurley, chief executive of Aldi UK and Ireland, said: “For every £1 of profit generated last year, we’re investing £2 this year – opening more stores and building the supply infrastructure to bring high-quality, affordable groceries to millions more families the length and breadth of Britain.”

He added, “As we head towards the Christmas trading period, we’re all set to launch our biggest and best ever seasonal range, including hundreds of premium range products at unbeatable prices for our customers.”