Aldi Announces £800m Expansion Plan Following Record Sales

The retailer aims to open 23 new stores by year-end and refurbish 100 existing locations amid a significant rise in market share.

Aldi's sales surged 16% in 2023, reaching £17.9 billion, with pre-tax profits more than tripling to £536.7 million.
The expansion includes a long-term goal of increasing the total number of stores from over 1,000 to 1,500 across the UK.
Aldi's market share has grown to 10%, narrowing the gap with Asda, the UK's third-largest supermarket.
The company has invested £100 million in price cuts over the past three months to attract more customers.
Aldi is lobbying for faster planning permissions to accelerate its growth amidst competition from other discounters.