Batavia, Ill. – Aldi Inc. has completed its purchase of 66 Bottom Dollar Food stores from the Delhaize Group. The transaction includes the land, buildings and leasehold improvements associated with Delhaize's recently retired Bottom Dollar Food operation.
The purchase is part of a broader plan Aldi launched in December 2013, to open 650 new stores by the end of 2018, with the goal of operating nearly 2,000 stores across the country. Aldi also is planning to invest more than $3 billion to pay for land, facilities and equipment. When the expansion is complete, Aldi will have stores coast-to-coast and anticipates serving more than 45 million customers per month. The expansion is expected to create more than 10,000 new jobs at Aldi stores, warehouses and division offices.
Aldi plans to convert roughly half the sites, located in New Jersey and Pennsylvania, to Aldi stores. The remaining sites, in New Jersey, Pennsylvania and Ohio, will be evaluated for sale, sublease or assignment.