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Aldi's £550 Million Boost: Expanding Horizons and Creating Jobs Across the UK

In a bold stride towards expansion, Aldi has unveiled plans to invest over £550 million to enhance its store and distribution network across the UK in 2024. This announcement follows Aldi's record-breaking Christmas season, signalling a robust phase of growth for the supermarket chain.

Aldi's ambitious investment aims to introduce new stores nationwide, modernise existing ones, and strengthen its distribution centres to support its growth trajectory. This initiative is expected to generate more than 1,500 new jobs, offering a significant boost to employment opportunities in various regions of the UK.

The new roles will span across Aldi's new and existing stores, regional distribution centres, and UK offices, reflecting the company's commitment to its long-term goal of operating 1,500 stores across the country.

Currently, Aldi boasts a network of more than 1,000 stores in the UK and remains dedicated to meeting the growing demand for its unique combination of high-quality and cost-effective products. The expansion strategy is underscored by Aldi's commitment to supporting British suppliers and growers, who account for approximately three-quarters of its product offerings.

Aldi's consistent top ranking in the Groceries Supply Code of Practice annual survey for the past decade highlights its commitment to fostering fair and transparent relationships with its suppliers.

Giles Hurley, CEO of Aldi UK and Ireland, emphasised the strategic importance of the expansion, stating, "There are still areas of the country that don’t have an Aldi, or that need more or larger stores to meet demand. That is what our 2024 expansion plans aim to address. We now have more than 1,000 stores across the UK but there are plenty more Aldi stores still to come, in 2024 and beyond."

Aldi is actively seeking prime locations for its new stores, targeting town-centre or edge-of-town sites that can accommodate a 20,000ft² store with adequate parking and convenient access. This search for prime real estate is part of Aldi's broader strategy to enhance its visibility and accessibility to consumers.

In a significant move towards prioritising employee welfare, Aldi has announced a new minimum hourly wage of £12 for its store and warehouse staff, effective from 1 February 2024.

The decision marks Aldi as the first supermarket to align its wage rates with the Real Living Wage as defined by the Living Wage Foundation. Alongside a £67 million investment in colleague pay, this wage increase underscores Aldi's commitment to creating a supportive and rewarding work environment, setting a notable precedent within the retail industry.


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