Aldi opens up more on its Australian expansion plans
Discussion regarding new Aldi stores was sparked when The Australian newspaper reported that a supplier’s letter disclosed plans by Aldi to open 40 new stores on the Eastern seaboard over the following year.
Aldi has since released a statement saying it plans to open 65 new stores in 2016. This includes its already announced 20 stores for South Australia and 20 for Western Australia, as well as 25 new stores for the Eastern seaboard.
The Aldi spokesperson added that its long-term expansion plans will see up to 120 new stores opened.
“Aldi’s popularity with consumers and success on the Eastern seaboard has given us the confidence to invest more than $700 million in our expansion into Western Australia and South Australia, where our long-term expansion plans will see up to 120 new stores,” said Aldi’s spokesperson.
“While we are eager to bring the Aldi difference to more shoppers across the country, store openings will be dependent on site acquisitions, planning approvals and construction timelines.”
Latest Aldi statistics
According to IBISWorld’s Supermarkets and Grocery Stores in Australia industry report published in July 2015, Aldi has a market share of 8.2 per cent of Australia’s grocery sector. This can be compared to Metcash’s (IGA and SupaIGA) 8.5 per cent, Woolworth’s (including Thomas Dux) 41.9 per cent and Wesfarmers (Coles and BiLo) 31.7 per cent.
The July 2015 IBISWorld report has also estimated that by the end of December 2015 Aldi will have had an AUD $6.9 billion total revenue for the calendar year.