The authoritative independent voice of the UK food industry

The authoritative independent voice of the UK food industry

News

Aldi to invest £1.3 billion as sales hit new record

27 Sep, 2021

The supermarket chain has pledged to invest £1.3 billion over the next two years in a bid to further accelerate its share of the UK grocery market.

Interested in reaching the food industry?

Explore our media pack for all of our advertising opportunities and partnership options.

The supermarket chain has pledged to invest £1.3 billion over the next two years (2022-2023) in a bid to further accelerate its share of the UK grocery market.

The plans are expected to create more than 2,000 new jobs next year, adding to the 7,000 permanent roles already created over the past two years.

In its annual trading update, Aldi said sales in the UK and Ireland had grown 10.2% to a record £13.5 billion in the year to 31st December 2020 (2019: £12.3 billion).

As part of its forward investment plans, Aldi said it would continue to grow its retail estate with 100 new stores across the UK over the next two years, as well as expanding its logistics infrastructure, including a new 1.3 million sq. ft site in Leicestershire.

The supermarket, which has over 920 UK stores, said that offering its customers the lowest possible prices “remains its number one focus”, and it is “committed to helping ease financial pressures on household budgets.”

“£600 million invested in stores and distribution centres”

Giles Hurley, chief executive for Aldi UK and Ireland, said: “Whilst 2020 was an extremely challenging year, our 41,000 colleagues stepped up when it mattered most – their dedication to the communities they serve has been nothing short of remarkable. Despite some of the most difficult conditions our sector has ever seen, our people underlined the strength, success and spirit of our business.

“As well as delivering record sales, we continued to invest for growth, deploying over £600 million in stores and distribution centres across the UK. This helped to create thousands of much-needed jobs and support for British farmers and manufacturers.”

Latest News

Co-op Group chair Debbie White steps down

The Co-op Group has announced that Debbie White has stepped down as chair and member of the Board. She will be replaced by Moni Mannings OBE as interim chair.

Celebrating inspirational women in the meat industry.

Final deadline for voting in the Women In Meat Industry Awards is Wednesday 26th August. Click here to vote now!

Everything you need to know about the Food Management Industry Awards can be found through our dedicated website.

Some of the leading companies that have participated in the Food Management Today Industry Awards...

The end of volume-led growth?

The end of volume-led growth?

Research in IGD’s latest UK Away From Home forecast suggests a shift away from traditional market behaviour, says senior insight analyst Shannon Goldsmith.

Seafish sets seafood business needs at heart of new Annual Plan 

Colin Faulkner, Seafish CEO, outlines the three fundamental pillars that underpin the organisation’s 2026/27 strategy.

Industry collaborations are key to confidence at Harper Adams University

Principal lecturer and placement manager at Harper Adams Alastair Boot highlights how the university provides value for students and industry through close working relationships.

The end of volume-led growth?

Research in IGD’s latest UK Away From Home forecast suggests a shift away from traditional market behaviour, says senior insight analyst Shannon Goldsmith.

Cheese shredding solutions by Urschel

Leading cheese processors rely on optimised dicing and shredding solutions supplied by Urschel.

The Multivac Total Offer: end-to-end lifecycle support

Streamline your operations with a joined-up approach to equipment, materials and service solutions from Multivac.

Revolutionise your sterilisation: how the Static Steriflow solves real production challenges

Interfood Technology talks to Food Management Today about the Static Steriflow, engineered for versatility and reliability in food production environments.

Sign-up for our newsletter and alerts

"*" indicates required fields

Name*

Which emails would you like to receive from us?

Please select an option*
* By subscribing or opting in to any communication you also give permission for us to send you occasional general information updates about this media portfolio. You can opt out or change your preferences at any time.