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July 06, 2015 8:18 AM ET

Food and Staples Retailing

Company Overview of ALDI Inc.

Company Overview

ALDI Inc. owns and operates a chain of discount grocery stores in the United States. Its stores sell a range of grocery and household items, including food products, fresh meats and produce, sides, appetizers and snacks, desserts, beverages, wines and beers, etc. The company was incorporated in 1975 and is based in Batavia, Illinois. The company has store locations in Meadowlands, New Jersey; and Huntsville, Alabama. ALDI Inc. operates as a subsidiary of ALDI Einkauf GmbH & Co. oHG.

1200 North Kirk Road

Batavia, IL 60510-1477

United States

Founded in 1975

Phone:

630-879-8100

Fax:

630-879-8114

Key Executives for ALDI Inc.

Chief Executive Officer
Co-President
Vice President of Batavia Division
Vice President of Center Valley Division
Compensation as of Fiscal Year 2015.

ALDI Inc. Key Developments

Aldi’s Expansion Pushes into Roanoke

Aldi Inc. has signed a 21,000-square-foot lease in the Crossroads Shopping Center at 1515 Hershberger Road in Roanoke. The grocer made its debut in Richmond in April with the opening of two stores and plans a total of six stores there. The Crossroads' lease represents its first foray into the Roanoke market.

ALDI Inc Appoints Jason Hart as CEO of ALDI US; Plans to Open New Stores

ALDI Inc. announced that to support the retailer's further expansion both in the US and internationally, it has made a structural adjustment to its senior leadership organization. Jason Hart, who currently serves as president for ALDI US, has been promoted to a new role effective April 1, 2015. Mr. Hart will become CEO for ALDI US and will be supported by Chuck Youngstrom and David Behm, who will continue in their roles of co-presidents for ALDI US. Currently, ALDI is in the early stages of an accelerated strategic growth plan in the US. Rising demand for ALDI is fueling significant expansion as growing numbers of smart shoppers are discovering that they can save time and money at ALDI without sacrificing quality. ALDI plans to open 650 new stores across the country, including expanding to Southern California, bringing its total number of US stores to nearly 2,000 by the end of 2018. The expansion is expected to create more than 10,000 new jobs at ALDI stores, warehouses and division offices across the country.

ALDI Announces Executive Changes; ALDI Plans to Open 650 New Stores

ALDI Inc. announced that to support the retailer's further expansion both in the US and internationally, it has made a structural adjustment to its senior leadership organization. Jason Hart, who currently serves as president for ALDI US, has been promoted to a new role effective April 1, 2015. Mr. Hart will become CEO for ALDI US and will be supported by Chuck Youngstrom and David Behm, who will continue in their roles of co-presidents for ALDI US. ALDI plans to open 650 new stores across the country, including expanding to Southern California, bringing its total number of US stores to nearly 2,000 by the end of 2018. The expansion is expected to create more than 10,000 new jobs at ALDI stores, warehouses and division offices across the country.

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