Business

UK Retailer Aldi to Invest $2.17 Billion Till 2027

Aldi, the British arm of German retail supermarket, on Monday announced plans to invest a record $2.17 billion over the next two years (2026-27), opening 80 stores as sales continue to rise. 

The supermarket said that 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.

Earlier this year, the company confirmed 20 priority locations where it was actively seeking sites, including Bromley and Ealing in Greater London, South Shields in Tyne and Wear, and Witney in Oxfordshire. 

The retailer, which currently has 1,060 stores, has previously announced plans to scale to 1,500 stores across the UK. It said its expansion will create thousands of jobs and more opportunities for British suppliers.  

Aldi confirmed its investment plans alongside the financial results for the 12 months to December 2024, which showed sales increased to $$24.6 billion as against $24.33 billion in the previous year. Latest data shows Aldi’s sales have accelerated again in 2025 with growth of 4.8%, taking its market share to 10.8%. Earlier this year it overtook Asda to become the UK’s third largest grocer by value of food and drink sales.

The company said operating profit fell to $591.99 million as against $751.57 million, representing a margin of 2.4%, as it continued to lower prices for customers, invest in infrastructure and increase pay for colleagues.  

Aldi said that sales were being lifted by more families choosing to do their weekly shop in store, as well as choosing to visit for more frequently for top up shops, as its growing store network becomes even more convenient for shoppers across the UK. Around seven in 10 UK households now shop with Aldi.

Offering Quality Products

Aldi UK and Ireland CEO Giles Hurley said that shoppers were still finding things difficult and that’s why they were staying laser focused on doing what Aldi does best – offering customers great quality products at unbeatable prices.

He said that nobody else was making the same commitment to everyday low prices – no clubs, no gimmicks, no tricks – just prices their customers can trust and quality they can depend on.

“Since we opened our first UK store over 35 years ago, we have 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 are more determined than ever to meet that demand, and that’s why we’re investing $2.17 billion over the next two years, to bring Aldi prices closer to millions more customers,” he added. 

Aldi said it spent $19.03 billion with the UK suppliers in 2024 as it continued to champion British businesses.

Earlier this year, the supermarket also reaffirmed its commitment to its existing British sourcing standards regardless of any international trade deals. Aldi will become the UK’s biggest seller of British Wagyu steaks this month, as it launches its Specially Selected Wagyu range nationwide, in partnership with its long-term partner Warrendale Wagyu.

Global Business Magazine

Recent Posts

Dubai’s manic year keeps running — AED 23.8bn in one last-November week

Dubai’s property market has moved beyond the “hot market” phase into a new era of…

16 hours ago

DUBAI REAL ESTATE’S RECORD RUN CONTINUES AS 2025 PROPERTY SALES CLIMB TO AED624.1 BILLION

Busy November drives deals to new high of 19,016 so far Dubai, UAE, 3rd December,…

4 days ago

How Invictus’s MCB deal could reshape African food supply chains

Dubai-based Invictus Investment has quietly done something strategically loud. The agrifood and FMCG trader announced…

7 days ago

The Oasis: How the UAE Became West Asia’s Fulcrum of Transformation

Abu Dhabi — For decades, commentators have blamed a perceived “knowledge deficit” for parts of…

1 week ago

Dubai’s Ambitious Drive: A 22 Million sq ft Auto Market to Reboot Global Car Trade

Dubai has announced a massive 22-million-sq-ft Auto Market with 1,500 showrooms, a DP World–led project…

1 week ago

DUBAI’S ULTRA-LUXURY SECTOR EVOLVES TO CREATENEW ‘GOLDEN TRIANGLE’ OF WEALTH’

Dubai’s ultra-luxury villa market is evolving into a stable global asset class, with record AED40M+…

2 weeks ago