Aldi U.S. is the largest operator of deep discount, limited-assortment grocery stores in the United States. The Batavia, Ill.-based retail chain, a subsidiary of German discount grocer Aldi Süd, operates nearly 2,100 stores in 37 U.S. states. Aldi is known for offering some of the most competitive grocery prices in the market — mostly via a product assortment that’s more than 90% private labels — and compact, easy-to-shop stores run in a highly efficient manner with minimal staffing, reducing operational costs.
Aldi opened its first U.S. retail location in 1976 and has become one of the nation’s fastest-growing grocery retailers. Under a $5 billion, five-year growth strategy launched in 2017, the company aims to remodel and/or expand more than 1,300 stores and extend its U.S. retail network from 1,700 to 2,500 stores by the end of 2022. Aldi passed the 2,000-store market in the U.S. and entered its 37th state in 2020, and the chain expects to enter its 38th state and near the 2,200-store mark in 2021.
Founded by the Albrecht family in Essen, Germany in 1946, the grocery retailer split into two businesses in 1960 and adopted the Aldi name in 1962, with the separate companies becoming Aldi Süd (owner of Aldi U.S.) and Aldi Nord (owner of Trader Joe’s). Globally, Aldi encompasses over 10,000 stores in 20 countries.
Key Data: Aldi U.S.
Headquarters: Batavia, Ill.
U.S. Retail Banners: Aldi
2020 U.S. Sales: $18.44 billion (estimated)
2020 Store Locations: 2,070
CEO: Jason Hart
Sources: Aldi, IGD