Discounter Aldi is set to extend its growing share of the grocery market with a £109m investment in new stores and a distribution centre in the next 12 months.
On the back of a visit to its head office by the Prime Minister the company revealed that 33 new stores should start construction within the next 12 months, 16 of which already have planning permission.
Data from Barbour ABI shows that this will take Aldi’s investment to over £84m, alongside a £25m distribution centre in Cardiff, which begins construction in the second quarter of 2015 and will create an estimated 400 jobs alone. This coincides with a £62m investment for 31 new stores that have already begun construction so far in 2014.
The news is on the back of Aldi’s announcement on Monday that it intends to create 35,000 jobs and have 1,000 stores open in the UK by 2022.
