Posts Tagged “Aldi”
BATAVIA, Ill. — To help customers spend less and seat more guests this Thanksgiving, ALDI is dishing out a big helping of savings on over 70 holiday classics.
Starting Nov. 1, and lasting throughout the entire holiday season, customers will see price reductions of up to 50% on items across the store. These items include seasonal favorites like gravy, potatoes, green beans, cranberries and pumpkin pie, as well as staples such as butter and flour*.
With these extra savings on top of ALDI every day low prices, the retailer expects shoppers to afford to invite three more guests to the annual feast** so everyone can take part in the holiday fun without blowing the budget.
As the holiday synonymous with delicious food and celebrating with loved ones, Thanksgiving shouldn’t break the bank or force hosts to make difficult decisions about which quirky cousins or neighbors to invite. High food prices have gotten in the way for far too long, and ALDI is taking charge to champion value in a way that only ALDI can. This Thanksgiving, customers can have their apple pie and eat it, too.
“Thanksgiving is all about gratitude, and we’re so grateful for our many loyal customers from coast-to-coast,” said Dave Rinaldo, President of ALDI. “With inflation still looming, we’re providing shoppers extra relief to make the holidays a time for celebration, not stress. What’s served on the Thanksgiving table is just as important as who’s sitting around it, so ALDI is delivering big savings on key items so there’s always room for more guests.”
At ALDI, a disciplined approach to operating with simplicity and efficiency gives customers great products at the lowest possible prices year-round. It’s why ALDI is one of America’s fastest-growing retailers. ALDI customers save up to 40% on their grocery bills as compared to traditional supermarkets and more than 15% compared to big-box discounters.
The price reductions will run until the end of the year so shoppers can continue to delight their guests with wow-worthy charcuterie boards, festive sides and more through the holiday season. From light bites and starters to fresh produce and baking essentials, some of the reduced-price items include:
*Product prices and availability may vary by location.
**Calculated based on an average 30% savings on a sample Thanksgiving meal for 10 people that includes popular dishes such as stuffing, green bean casserole, mashed potatoes, sweet potato casserole, cranberry sauce, rolls, charcuterie board, pumpkin pie and coffee. Excludes turkey.
About ALDI U.S.
ALDI is one of America’s fastest-growing retailers, serving millions of customers across the country each month. Our disciplined approach to operating with simplicity and efficiency gives our customers great products at the lowest possible prices. For six years running, ALDI has been recognized as No. 1 in price according to the dunnhumby Retailer Preference Index Report.* ALDI strives to have a positive impact on its customers, employees and communities by being socially and environmentally responsible, earning ALDI recognition as a leading grocer in sustainability.** In addition to helping protect the planet, ALDI helps customers save time and money through convenient shopping options via in-store, curbside pickup or delivery at shop.aldi.us.
Acquisition to add approximately 400 stores and expand access to great products at the lowest possible prices
BATAVIA, Ill. — ALDI has announced it has entered into a definitive agreement to acquire Winn-Dixie and Harveys Supermarket as part of a larger divestiture of Southeastern Grocers to various entities.
The acquisition continues the growth of ALDI, expanding its ability to serve the region with great products at the lowest possible prices.
“Like ALDI, Winn-Dixie and Harveys Supermarket have long histories and many loyal customers in the Southeast and we look forward to serving them in the years to come,” said Jason Hart, CEO, ALDI. “The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills. The transaction supports our long-term growth strategy across the United States, including plans to add 120 new stores nationwide this year to reach a total of more than 2,400 stores by year-end.”
Despite many retailers shuttering stores due to economic conditions, ALDI is doubling-down on expansion plans, supporting its position as one of the fastest-growing grocers in the country. The Southeast-focused acquisition includes approximately 400 Winn-Dixie and Harveys Supermarket locations across Alabama, Florida, Georgia, Louisiana and Mississippi.
“This merger agreement is a testament to our successful transformational journey and the tireless work of our dedicated associates who serve our communities,” said Anthony Hucker, President and CEO, Southeastern Grocers. “ALDI shares our vision to provide exceptional quality, service and value – and this unique opportunity will evolve our business to benefit our customers, associates and neighbors throughout the Southeast.”
The transaction will bring together three trusted brands that share a long-standing commitment to delivering an exceptional grocery experience and making a positive impact in the communities where they operate. ALDI first established its presence in the Southeast in the mid-1990s and since has invested $2.5 billion in the region.
Most recently, ALDI deepened its roots in the region, opening its 26th regional headquarters and distribution center in Loxley, Alabama to help support new stores, with plans to open 20 new ALDI locations in the area by the end of the year. Southeastern Grocers established its presence in the region nearly a century ago. From the beginning, its commitments to the customer, caring associates and quality products have made a profound impact in the Southeast.
“ALDI will operate Winn-Dixie and Harveys Supermarket stores with the same level of care and focus on quality and service, as we also evaluate which locations will convert to the ALDI format to better support the neighborhoods we’ll now have the privilege of serving,” added Hart. “For those stores we do not convert, our intention is that these continue to operate as Winn-Dixie and Harveys Supermarket stores.”
A Certified Great Place to Work and one of Forbes’ America’s Best Large Employers, ALDI will bring its employee-focused culture and above-industry-average store associate wages to more markets in the Southeast. Like Winn-Dixie, ALDI has many loyal customers, with accolades such as being named the #1 in price for the sixth consecutive year* and a top 10 most sustainable grocer**.
Deutsche Bank served as financial advisor to ALDI. Baker & McKenzie LLP was transaction counsel to ALDI and Kayne Law Group served as real estate counsel to ALDI.
The transaction is expected to close in the first half of 2024, subject to regulatory approval and other customary closing conditions.
About ALDI
ALDI is one of America’s fastest-growing retailers, serving millions of customers across the country each month. Our disciplined approach to operating with simplicity and efficiency gives our customers great products at the lowest possible prices. For six years running, ALDI has been recognized as No. 1 in price according to the dunnhumby Retailer Preference Index Report.
Batavia, Ill. – Further solidifying its position as one of the fastest-growing grocers in the country, ALDI is adding 120 new stores this year. At a time when inflation is forcing some retailers to slow growth, or even shutter stores, customers are actively asking for more ALDI locations in their communities.
Known for its unique shopping experience and selection of the best products at the lowest prices, ALDI will have more than 2,400 stores nationwide by the end of the year.
“While inflation is undoubtedly driving unprecedented demand for affordable groceries, we know that once customers experience the ALDI difference, they keep shopping with us, even when the economy improves,” said Jason Hart, CEO, ALDI U.S. “Our growth is led by our customers, and they continue to want more ALDI locations coast-to-coast.”
This year’s planned expansion builds on a banner year in 2022. ALDI opened and remodeled 139 stores, welcomed approximately 9.4 million new customers and drove double-digit growth year over-year as shoppers sought relief from soaring food prices. The grocer is on track to continue that momentum this year, opening 35 stores in the first quarter alone and welcoming 5.3 million new customers to its stores as of April 2023.
ALDI new store openings will span the continental U.S., including the rapidly growing Southeast region where ALDI recently opened its 26th regional headquarters and distribution center in Loxley, Alabama to help support new stores in the area. This year, ALDI will add stores in Baton Rouge and New Orleans, new markets for the grocer.
The brick-and-mortar expansion is part of a larger omnichannel experience designed to make grocery shopping as convenient and enjoyable as possible, no matter how customers prefer to shop, whether in-store, through curbside pickup, or via delivery through shop.ALDI.us or through ecommerce partners DoorDash and Instacart.
As part of its larger commitment to sustainability, the grocer is enhancing new and existing stores with eco-friendly features, including installing rooftop solar panels and eliminating plastic shopping bags. ALDI is also implementing environmentally-friendly refrigerants in its stores, an important move to reduce carbon emissions that earned the grocer recognition from the Environmental Protection Agency (EPA) GreenChill program.
In fact, ALDI has secured more EPA GreenChill store certifications in 2020 and 2021 than all U.S. grocery retailers combined. All of these initiatives recently earned ALDI a top accolade as one of Progressive Grocer’s Top 10 Most Sustainable Grocers.
As part of this national expansion, ALDI will add nearly 2,000 new employees to support the additional store count. As a Certified Great Place to Work and one of Forbes’ America’s Best Large Employers, ALDI will bring its employee-focused culture and above-average industry pay to more markets coast-to-coast.
About ALDI U.S.
ALDI is one of America’s fastest-growing retailers, serving millions of customers across the country each month. When it comes to value, ALDI won’t be beat on price. ALDI has also been No. 1 for price according to the dunnhumby Retailer Preference Index Report for six years running. Since 1976, ALDI has offered a unique shopping experience where customers never have to compromise on quality, selection or value. In fact, 1 in 3 ALDI-brand products are award-winning. Customers can save time and money by conveniently shopping in-store or online at shop.aldi.us. ALDI also proudly serves as a Feeding America Leadership Partner, donating 30 million pounds of food each year in an effort to end hunger in America. For more information about ALDI, visit aldi.us.
Aldi will open another 70 stores by the end of the year and currently has 2,000 stores.
The company’s continuing expansion will also include entering the greater Phoenix market and, in 2021, building a new distribution center in Loxley, Ala., to support more expansion on the Gulf Coast, according to a news release. Aldi has invested more than $5 billion in recent years to remodel existing stores and add hundreds of new ones.
“Each new store is an opportunity to serve another community, which is an honor and responsibility we do not take lightly,” Jason Hart, ALDI U.S. CEO, said. “As we continue to expand, we promise to do everything in our power to offer the lowest prices, every day, without exception. In fact, as food costs are rising across the country, we’re lowering prices on hundreds of items to meet our customers’ increased need for savings.”
Along with its aggressive growth in recent years, Aldi has increased its fresh food selection by 40 percent. It has also expanded its e-commerce presence, with delivery available through third-party services for more than 10,000 zip codes and curbside pickup an option at nearly 600 stores.
Aldi’s entry into the greater Phoenix market later this year will include four new stores. Arizona is the 37th state for Aldi.
The company’s new distribution center in Alabama will serve new stores in southern Alabama, the Florida Panhandle and Louisiana, which will be the 38th state for Aldi. The retailer already has 180 stores in Alabama and Florida, plus four regional headquarters and distribution centers in the area.
Bringing fresh produce center stage is a goal of discount retailer Aldi, which is in the midst of its $5 billion US expansion program.
The expansion includes building new stores and remodeling existing ones.
The new focus on produce includes a 40 percent expansion in the amount of product lines carried, with the produce department located at the front of the store. Most supermarket chains are investing more in produce departments, which are considered key components in stores.
In a move a couple of decades ago, there was a trend to make produce front and center and the first department shoppers see when entering a supermarket. With produce as an anchor in stores, many chains then look to improve their other in-store departments.
Aldi’s motion to move produce to the front and center suggests the retailer wants to be known as well-stocked store with everything the shopper needs. Additionally, once the fresh produce department is a strong anchor, stores have a tendency to follow through with other departments.
It appears that Aldi with fresh produce, will follow trends of having clean, conventional and organic products that are conveniently packaged. Aldi will likely add even more organic and clean options, in an effort to attract younger shoppers from 18 to 40 years old, who are after more affordable organic options. Whether Aldi will stock more value-added products remains to be seen.
Aldi already offers attractions for Gen X and Millennial shoppers and many of their center-store products have specialty claims, be it free of artificial colors or antibiotic-free meat.
Greater emphasis on fresh often come from higher income households. Will an expanded produce selection beyond basics higher-income shoppers at Aldi? One study shows that 93 percent of Aldi shoppers said pricing/value drove them to the format and 77 percent purchased fresh produce. One-third of shoppers expect to shift much more of their shopping to Aldi.
On price, Aldi will remain a discount retailer, so if the
If other supermarkets want to compete with Aldi, which will remain a discount retailer, those competitors will have to lower their price or invest in other areas of the store to maintain a ‘premium’ on Aldi as well as other discounters by offering a higher level shopping experience.
Studies have shown that 60 percent to 70 percent of markets experienced price declines of 1 to 3 percent when an ALDI opened. Some retailers will also increase service levels, emphasize quality, organic offerings, local items and more choices in general to increase their own competitive advantage.
Discount grocery retailer Aldi announced recently it would invest $3.4 billion to expand its U.S. store base to 2,500 by the year 2022.
The German grocer currently operates 1,600 stores in the United States and said earlier this year it would expand to 2,000 by the end of 2018 at a cost of $1.6 billion.
The $5 billion move would have Aldi as the third-largest U.S. food retailer by store count behind Walmart and Kroger.
“It should absolutely be more than scary to traditional grocers and retailers,” Mikey Vu of the consulting firm Bain & Co., was quoted as saying in a June 12 article in The Wall Street Journal. Vu said Aldi has improved its stores and products in recent years, and is attracting a larger mix of shoppers.
A point of differentiation by Aldi and other discounters, such as Lidl, which opened its first U.S. locations earlier this month, is their longstanding use of store brands to keep prices down, a common practice in Europe. U.S. consumers have traditionally been more brand loyal, but that is beginning to erode, especially with the millennial generation.
Millennials “are value-oriented and don’t hold the same stigmas about private-label items that older generations do,” Mike Paglia, director of the research firm Kantar Retail, was quoted as saying in the WSJ article.
“As we continue to expand and grow, our purchasing power continues to increase and allows us to bring products at better prices for consumers,” Scott Patton, Aldi’s head of corporate buying, said in an interview with CNBC.
Aldi said the new store openings would create 25,000 jobs over the next five years.
About Aldi
Aldi operates stores in 35 states, using a simple, cost-effective approach to grocery shopping to save shoppers on their grocery bills. The grocery chain’s website states shoppers have found that switching from national brands to ALDI exclusive brands can save them up to 50 percent on their weekly must-haves. More than 40 million customers each month shop with Aldi’s streamlined approach.
Publix and Trader Joe’s for the third year in a row, have been ranked by shoppers as their favorite grocery stores.
A Market Force study of 7,200 shoppers conducted online in April ranked the Monrovia, Calif.-based Trader Joe’s first, the Lakeland, Fla.-based Publix Super Markets Inc., second and the Batavia, Ill.-based Aldi Inc., third, according to a Trader Joe’s news release.
The survey studied consumers’ grocery shopping habits and preferences, rating Trader Joe’s at 78% in consumer satisfaction and Publix at 74%.
Rounding out the top fiver were Aldi, Hy-Vee Food Stores Inc., West Des Moines, Iowa, and H.E.B., San Antonio. Among the top brands were Boise, Idaho-based Albertson’s and WinCo Foods and Bentonville, Ark.-based Sam’s Club who made this year’s list after failing to garner enough mentions in 2014, according to the release.
Publix and Trader Joe’s led in many areas, including cashier courtesy, fast checkouts and cleanliness, while Aldi, WinCo and Costco Wholesale Corp., Issaquah, Wash., took the top spots in the value category.
Shop-Rite Supermarkets, Edison, N.J., scored highest for sales and promotions while H.E.B, Hy-Vee and Kroger Co., Cincinnati, performed well in most areas.
Other study findings: nearly half prefer to buy organic products, 28% are buying prepared foods at least weekly, up 10% from 2014 and 39% have used a grocery app, primarily for coupons.
Louisville, Colo.-based Market Force is a global customer intelligence company that provides information for retailers, restaurants, financial institutions, entertainment studios and consumer packaged goods companies.