Aldi sets sights on American West Coast | RetailDetail

Aldi sets sights on American West Coast

Aldi sets sights on American West Coast

German group of department stores Aldi Süd wants to open a regional headquarters and a distribution centre in Moreno Valley, California. The project would be an investment of about forty million euro, create hundreds of jobs and show the ambition of the chain to expand in the west of the United States. At least, that is what the government of Moreno Valley says.

Expansion to the West coast

Aldi is currently present in 32 American states, but the most of the 1,200 discount shops are between Kansas and the East Coast. Now the chain clearly wants to go west: by 2015 Aldi wants a hundred locations on the West Coast. Each year the chain opens between 50 and 80 new shops in the US.

 

The opening of a new regional headquarters will directly create 200 new jobs by next year - not including the hundreds of new jobs at logistics providers who will be working for Aldi. To get Aldi to invest in Moreno Valley, the discounter will get a discount of 20% on all public utilities for 18 years.

 

The national headquarters of Aldi in the United States is located in Batavia, Illinois, where the chain opened its first American store in 1976.

Questions or comments? Please feel free to contact the editors


Adidas wants to strengthen bond with small retailers

15/07/2018

German sportswear giant Adidas says it wants to strengthen its bond with small-scale retailers after they claimed Adidas is too aggressive in pushing its web shop, especially as they feel the brand is favouring large international chains as well.

Several candidates to take over Men at Work

12/07/2018

There are several takeover candidates for both the Dutch and the Belgian stores of the bankrupt clothing chain Men at work. The curator is confident an agreement should be reached today in Belgium.

Burberry sales increases thanks to new strategy

11/07/2018

The new strategy of the British fashion brand Burberry starts to render: the company had a 3% increase of revenue in their own stores last quarter. In total, Burberry has now a revenue of 479 million pounds (520 million euros).

FNG moves to Brussels stock exchange

06/07/2018

Belgian fashion group FNG has collected 60 million euros by issuing new shares. The new shares will be traded on the Amsterdam Stock Exchange and - for the first time - on the Brussels Stock Exchange as well.

Athleteshop ends its run

02/07/2018

Dutch sports web shop Athleteshop has filed for bankruptcy, after an abysmal year in which strings of complaints led to all sorts of problems. Social media and review sites were flooded with customers complaining about late deliveries.

Alibaba goes Turkish with stake in Trendyol

29/06/2018

Alibaba is the new strategic partner of Trendyol, one of the best-known e-commerce companies in Turkey. With this partnership, the Chinese retailgroup strengthens its presence in Europe.