October 18, 2017 4:51 PM ET

Food and Staples Retailing

Company Overview of ALDI Inc.

Company Overview

ALDI Inc. operates grocery stores in the United States. It offers fresh meats, fresh produce items, wines and beers, and home goods. The company was incorporated in 1975 and is based in Batavia, Illinois. 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 2017.

ALDI Inc. Key Developments

Aldi Inc. to Add More Stores with $3.4 Billion Investment

Aldi Inc. plans to invest $3.4 billion in a plans to add more stores nationwide over the next five years. Aldi, which currently operates more than 1,600 stores in 35 states in the U.S., plans to expand to 2,500 stores nationwide by the end of 2022. The company said it will be adding 25,000 new jobs in stores, warehouses and offices as part of the expansion plan. The expansion is in addition to a $1.6 billion capital improvement plan. As part of that capital improvement plan, the company is investing $49 million to upgrade 37 of its St. Louis area locations.

ALDI Inc. Unveils $1.6 Billion Nationwide Store Remodel Plan to Enhance Customer Shopping Experience

ALDI announced an aggressive $1.6 billion investment in its stores, with an extensive plan to remodel and expand more than 1,300 US stores by 2020. The new ALDI store look delivers on its customers' desire for a modern and convenient shopping experience with a focus on fresh items, including more robust produce, dairy and bakery sections. Remodeled stores will also feature a modern design, open ceilings, natural lighting and environmentally friendly building materials – such as recycled materials, energy-saving refrigeration and LED lighting.

Aldi to Open at Former American TV Location in Brown Deer Later in October

Aldi has announced that it has set the opening date for its latest location in Brown Deer. The store, 6720 W. Brown Deer Road, will open on Oct. 27. It replaces the Aldi location less than a mile away at 8080 W. Brown Deer Road, which will close on Oct. 26. The new location is located on a piece of the land that was formerly home to the American TV & Appliance store near Northridge Mall.

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