Aldi Looks to Boost Presence in Texas Market
- by Laura Hillen
BATAVIA, IL - Aldi is looking to expand its footprint even further across the United States, with new reports outlining the retailer’s interest in the competitive Texas market. Aldi will spend $66 million to remodel Texas stores over the next three years, with new locations and possible distribution expansions in the works as well.
As we recently reported, Aldi made headlines by announcing a $3.4 billion investment into U.S. markets, with 1,300 stores remodeled by 2020, and its total number of stores boosted to 2,500 by the end of 2022. According to The Dallas News, the North Texas division plans to open 5 to 10 stores a year, with more additions possible to its Rosenburg division.
Scott Huska, Division Vice President for Aldi’s Denton Region stated to Dallas News that Aldi currently has two distribution centers in Texas, in Denton and Rosenburg. At its Dention distribution center, the retailer owns 183 acres which would easily allow room for a future expansion as Aldi adds new stores to its servicing area, Huska said. The Denton distribution center currently services 54 stores, with room to take on more.
The Dallas News also reported that Texas stores are already underway for the proposed remodel, with one store in Rockwall finished and a Richardson store to be completed later this month. The remodel includes, among other things, 1,000- to 1,500-square-feet of room added for fresh foods.
Aldi just has had a number of new stores already under way in the Texas market. The Dallas News stated that the chain opened its fifth store in Forth Worth, a new store in Allen, and a second Denton location under construction right now. Later this year, Aldi will open stores in Rockwall, The Colony, and Little Elm.
With Lidl looking to enter the U.S. market and other retailers continuing to grow, what’s next for the buy-side sector? AndNowUKnow will let you know.