Aldi bosses reveal plans for new stores in two Greater Manchester neighbourhoods
manchestereveningnews.co.ukAldi has announced its largest ever expansion programme after reporting surging sales and profits. And as part of the £800m drive bosses have revealed they are searching for suitable locations for new stores in Chorlton and Wigan.
The discount supermarket also said it was opening 23 stores - including one in Cheadle- by the end of the year and revamping another 100 shops as part of the record investment plans.
Aldi – Britain’s fourth largest supermarket with more than 1,020 stores and more than 45,000 colleagues – said it would also spend £1.4 billion on expansion over two years as it works towards a long-term plan for 1,500 sites in the UK. READ MORE: 'Beloved' city centre market to close down this weekend after more than 50 years Details of the investment came as German-owned Aldi said it notched up its highest ever annual UK and Ireland sales growth of 16% to £17.9 billion for 2023, up from £15.5 billion in 2022.
Pre-tax profits more than tripled to £536.7 million from £152.6 million in 2022, which Aldi said was also down to cost savings across the business.
Read more on manchestereveningnews.co.uk