Aldi Will Open More Than 70 New Stores by the End of the Year

By Sheridan Fifer

Aldi has a plan to become the nation's third-largest grocer with 2,500 stores by the year 2022. This would put the German discount chain behind just two American grocers: Walmart and Kroger. Because of the coronavirus pandemic, consumers are spending more on groceries while at the same time seeking ways to save money. Aldi has long appealed to this kind of shopper. Aldi U.S. CEO Jason Hart says the grocer is well on its way to attaining its goals, with 2,000 stores already open across 36 states. 

“This pandemic has reinforced how much consumers rely on us for their grocery needs, and we’re pleased to be able to support communities across the country with the lowest possible prices,” he said.

Read the full story at CNBC.