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Gloucestershire Business News

Aldi looks to expand in Gloucestershire

Aldi has announced it's looking to open new stores in Gloucestershire over the next two years.

It's part of a nationwide expansion which will potentially see the supermarket - which topped a recent poll - open 100 new stores altogether.

The supermarket has pledged to invest £1.3 billion by 2023 in a bid to further expand its retail estate, as it continues to push ahead with plans to open an average of one new store a week.

The areas in Gloucestershire where it is currently looking for sites include Lydney, Stroud, Cheltenham and Gloucester.

Aldi, which now has more than 920 stores across the UK, is searching for freehold town-centre or edge-of-centre sites suitable for property development.

The supermarket says it is on the lookout for sites that are big enough to accommodate a 20,000 sq ft store and around 100 dedicated parking spaces, preferably on a prominent main road and with good visibility and access.

Additionally, Aldi will also be investing in the development of new and expanded distribution centres.

The store just came top in a YouGov poll to find the country's favourite supermarket.

Aldi came out top at 76 per cent, followed by M&S Food at 75 per cent, Lidl at 73 per cent, the Co-op food at 71 per cent and Morrisons at 69 per cent.

Richard Thornton, Communications Director at Aldi UK, said: "We're continuing to gain even more customers - with over 60% of UK households shopping with Aldi in the last year.

"Our focus is on expanding our store estate, making sure Aldi is accessible to as many of these new shoppers across the country as possible. Looking ahead, we are excited to provide millions of new customers with access to Aldi's award-winning quality and unbeatable value as we create even more places and more ways to shop with us."

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