Supermarket giant Aldi plans to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the UK grocery market.
The plans are expected to create more than 2,000 new jobs next year, adding to the 7,000 permanent roles already created over the past two years, according to the company.
As part of its forward investment plans, Aldi said it would continue to grow its retail estate with 100 new stores across the UK over the next two years, as well as expanding its logistics infrastructure, including a new 1.3 million sq ft site in Leicestershire. The supermarket has over 920 stores in the UK.
Giles Hurley, Chief Executive Officer for Aldi UK and Ireland, said: “Whilst 2020 was an extremely challenging year, our 41,000 colleagues stepped up when it mattered most – their dedication to the communities they serve has been nothing short of remarkable. Despite some of the most difficult conditions our sector has ever seen, our people underlined the strength, success and spirit of our business.
“As well as delivering record sales, we continued to invest for growth, deploying over £600m in stores and distribution centres across the UK. This helped to create thousands of much-needed jobs and support for British farmers and manufacturers.
“Whilst the cost of responding to the pandemic dampened profits, our decision to return business rate relief was the right thing to do.”
“We’re continuing to gain even more customers – with over 60% of households shopping with Aldi in the last year. By redefining the discount supermarket in the UK, creating more places and more ways to shop with us, we are excited to provide millions of new customers with access to Aldi’s award-winning quality and unbeatable value.”