FINANCE

Aldi expanding in Texas

BY CSA STAFF

Denton, Texas Select assortment discount grocer Aldi will open its first 11 Texas stores throughout the Dallas/Ft. Worth Metroplex area on March 18.

Aldi will open a total of 27 North Texas stores this spring. Following the first 11 stores opening in March, another nine stores will open in April and an additional seven in May.

“There’s no better time than now for great prices, good jobs and a lasting community investment,” said Scott Huska, Aldi Denton division VP. “Whether shoppers need to stretch a budget or simply choose to have more money to spend on other things, North Texans can count on Aldi for high-quality select brands at prices no one else can touch.”

Aldi will have invested more than $150 million in capital expenditures in the Texas market. The grocer’s regional investment includes its approximately $50 million, 500,000-sq.-ft. Denton distribution center that employs about 75 local residents.

In addition to partnering with local Texas suppliers, Aldi has brought more than 400 new jobs to the Dallas/Ft. Worth Metroplex area in the last year, offering benefits and compensation above the industry standard. Aldi employees who work at least 20 hours weekly receive full benefits (including medical, dental and vision insurance, plus 401k).

Aldi is launching its first Texas stores during a time of high consumer demand that has driven significant growth for the grocer, including a total of 100 new U.S. stores this year.

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