The supermarket said it was “more determined than ever” to meet the UK’s growing demand for affordable groceries as more families look to balance household budgets.
A total of 21 stores are set to open in the next 13 weeks, including Shoreditch in London, Durham in the North East, and Kirkintilloch in Scotland.
The retailer, which currently has 1,060 stores, has previously announced plans to scale to 1,500 stores across the UK.
Aldi confirmed its investment plans alongside financial results for the 12 months to December 2024, which showed sales increased to £18.1bn (from £17.9bn in 2023).
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 over 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.”
Who is Aldi owned by?
Aldi was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother’s store in Essen, Germany.
This business was split into two separate groups in 1960, which became Aldi Nord (initially Northern West Germany) and Aldi Süd (initially Southern West Germany).
In 1962, they introduced the name Aldi (a syllabic abbreviation for “Albrecht Diskont”).
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The two groups have been financially and legally separate in Germany since 1966.
Aldi launched in Britain in 1990 and currently has more than 1,000 stores there.
The current CEO of Aldi UK is Giles Hurley, who has held that position since May 2018.
