Aldi plans to double its stores in London creating 2,400 jobs in battle with Big Four rivals
Aldi is doubling its presence in London as it ramps up its battle with ‘big four’ rivals.
The German retailer said it wanted to add to its 60-strong estate inside the M25, creating 2,400 jobs in the process.
It is eyeing empty office blocks, new housing developments and sites near town centres, for both its bread-and-butter 20,000 sq ft large stores and its smaller format of Local stores which are 5,000 sq ft.
London calling: Aldi said it wanted to add to its 60-strong estate inside the M25, creating 2,400 jobs in the process
The supermarket already employs around 40,000 staff across the UK.
Aldi is looking for stores across the country, but is focusing on London in particular. Ben Shotter, regional managing director at the store, said: ‘We are looking for locations across the UK, but particularly in London.’
The expansion comes as Aldi reaps the rewards of Brits turning to cheaper brands amid the cost of living crunch.
Morrisons lost its spot as the UK’s fourth largest grocer to Aldi last year.
Aldi raked in sales of £3.1billion over the three months to January 22, up 26.9 per cent on a year earlier.