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Aldi and Target announced open...

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Aldi and Target announced opening hundreds of new US stores

Aldi Target new US stores
The Silicon Review
25 March, 2024

Both Aldi and Southeastern Grocers are committed to ensuring a smooth transition and maintaining value and customer service for shoppers, according to Aldi

Aldi, headquartered in Batavia, Illinois, USA, announced plans to increase its nationwide presence by adding 800 stores by the end of 2028, through a combination of new openings and store conversions. With a USD 9 billion (EUR 8.2 billion) investment over five years, Aldi aims to provide communities with affordable products amidst a growing focus on saving money among consumers. The recent acquisition of Southeastern Grocers, encompassing Winn-Dixie and Harveys Supermarket banners, is expected to drive substantial growth in the Southeast region. Beginning in the summer of 2024, Aldi will gradually convert a substantial number of Winn-Dixie and Harveys supermarkets to Aldi stores, with around 50 stores set for conversion in 2024 and the majority reopening as Aldi in 2025.

Target also aims to improve its supply chain operations for increased efficiency, speed, and capacity, incorporating next-day delivery through sortation centers and leveraging artificial intelligence for improved inventory management and forecasting. Target has introduced Target Circle 360, a paid membership program offering perks such as unlimited free same-day delivery for orders over USD 35 (EUR 32) within an hour, free two-day shipping, access to personalized experiences, and access to Shipt Marketplace for same-day delivery from over 100 retailers nationwide. Additionally, Target plans to expand its range of private-label brands across various categories, including non-food items like health and beauty care products, throughout the year.

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