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Aldi, Inc.

  • Giant Eagle exits discount grocery; closing Good Cents Grocery + More

    New York -- These are tough times for discount grocery stores — unless the company happens to be the fast-growing Aldi. Pittsburgh-based supermarket operator Giant Eagle plans to close all eight of its Good Cents Grocery + More stores. The closures are set for March 26.

  • Report: Aldi sees opportunity for 450 Texas stores

    Essen, Germany – Global discount supermarket retailer Aldi Inc. is thinking big when it comes to Texas. According to the Dallas Morning News, Aldi sees potential for as many as 450 stores in the Lone Star State.

    This would be part of a larger expansion program, announced in November, that would grow Aldi’s total U.S. store count by 650 units to about 2,000 by 2018. Southern California is another major growth target for the chain.

  • Bottom Dollar Food to close all 66 stores

    Salisbury, N.C. - Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations. Upon the closing of stores, Bottom Dollar Food will offer every associate severance, and eligible associates will be offered career transition services.

  • End of the line for Bottom Dollar Food

    It's official: Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations.

    In November, Delhaize Group — the parent company of Bottom Dollar Food — announced the sale of Bottom Dollar's stores and associated lease liabilities to ALDI Inc., which has expressed an interest in growing its U.S. footprint.

  • Aldi goes into high growth mode; will open 650 U.S. stores by end of 2018

    BATAVIA, Ill. - Deep-discount grocer Aldi is ramping up its U.S. expansion. The company plans to open 650 new stores across the country, including expanding to Southern California, bringing its total number of U.S. stores to nearly 2,000 by the end of 2018.   
  • Delhaize bails on Bottom Dollar

    ALDI is accelerating its growth and dramatically increasing its presence in the Northeast with the acquisition of 66 Bottom Dollar Food stores from Delhaize Group.

    Delhaize said it reached an agreement to sell its 66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets for $15 million and associated lease liabilities. Delhaize said it would take an asset impairment charge of $180 million in conjunction with the sale.

  • Delhaize to sell Bottom Dollar stores to Aldi for $15 million

    Brussels, Belgium -- Delhaize Group has signed an agreement to sell its Bottom Dollar Food stores to deep-discount grocer Aldi Inc. for approximately $15 million, including the assumption of associated lease liabilities. The transaction, which involves  66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets, is expected to result in an asset impairment and other charges for Delhaize Group of approximately $180 million.  
  • Dollar General maintains opening price point leadership in Kantar study

    Boston -- Dollar General maintains its overall opening price point leadership position in Kantar Retail’s fourth annual opening price point (OPP) study. For the third consecutive year, Dollar General‘s overall basket was the least expensive, edging out Walmart supercenter’s basket by 2.5%, representing a widening of the gap between the two in the 2013 study.   
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