CSG Snapshot: Aldi Inc.
1200 N Kirk Rd
Batavia IL 60510-1477
$9.4 billion (e)
AL, AR, CA, CT, DC, FL, GA, IA, IL, IN, KS, KY, MA, MD, MI, MN, MO, MS, NC, NE,
NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WI, WV
CEO (Aldi US): Jason Hart
Co-President (Aldi US): David Behm
Co-President (Aldi US): Chuck Youngstrom
Co-President (Aldi US): Brent Laubaugh
Aldi is on a tear across the globe, and the US is no exception. In the UK, Aldi recently recorded double-digit sales growth while that country’s “big four” – Tesco, Sainsbury, Asda (Walmart), and Morrison’s – suffered marked declines. In Australia, Aldi is in the midst of rapid expansion, and analysts predict that given current rates of growth, the company will challenge that country’s previously dominant retailers, Woolworths and Coles, by 2020. Growth and expansion are also the now and the future for Aldi US. The company just surpassed Giant Eagle, SUPERVALU and BJ’s Wholesale to move to 15th in total US industry sales according to Chain Store Guide’s 2016 Directory of Supermarket, Grocery & Convenience Store Chains. CSG analysis finds Aldi growing to 2,000 stores by 2018, which would make it the 3rd largest traditional supermarket chain in the US by total locations.
Historical Data Source: Chain Store Guide’s Supermarket, Grocery & Convenience Store Chains Database. *Estimated growth is based on company reports and CSG trend analysis. Actual figures are subject to change. This data is not intended for investment decisions.