Batavia-based Aldi announces big expansion plans
By Linda Girardi For Sun-Times Media December 20, 2013 6:16PM
Updated: January 24, 2014 6:17AM
Batavia-based Aldi has announced plans to invest $3 billion to expand its presence in markets across the country over the next five years.
“To reach its aggressive goal, over the next five years, Aldi plans to accelerate the pace of new store openings to an average of 130 per year, up from an average of 80 stores per year in recent years,” according to a statement from the company.
On Friday, a spokesperson said the grocer plans to open 650 new stores, but could not provide market-by-market details of how it might impact the Chicago region or if additional employees would be added to the Batavia headquarters.
Aldi two years ago completed a six-story building on its corporate campus on Kirk Road here that already had two office buildings and warehouses built in 1979. Aldi representatives at the time said it made good sense to continue to expand in Batavia.
According to the statement, the new five-year expansion plan is expected to create more than 10,000 new jobs at Aldi stores, warehouses and division offices.
“We’re ramping up our expansion plans to meet growing demand for Aldi from customers across the country,” said Jason Hart, Aldi president.
The statement attributes the company’s accelerated growth to its business model that “lets smart shoppers” save up to 50 percent on grocery items without clipping coupons or buying in bulk.
Aldi has nearly 1,300 stores in 32 states and employs more than 18,000 people. The plan is to operate nearly 2,000 stores by 2018.