Germany's Aldi unveils major US expansion

Germany's Aldi unveils major US expansionGerman discount grocery store giant Aldi unveiled a major US expansion plan on Monday, aiming to make it the third-largest US grocery chain in five years. “We’re growing at a time when other retailers are struggling,” Aldi CEO Jason Hart said in a statement. By expanding to 2,500 stores by 2022, from the current 1,600, the Aldi would become the third largest US grocery store chain by store count, more than doubling its monthly customer base to 100 million.

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