Business & Economy
Aldi to invest £900m in UK and open 40 more stores next year
Source: Business | The Guardian · Published
Supermarket chain declares ‘increasing confidence’ in its growth plans after posting record annual revenue of £19bn Business live – latest updates Aldi says it is stepping up investment in the UK with plans to spend £900m and open more than 40 stores. The company, which operates
Supermarket chain declares ‘increasing confidence’ in its growth plans after posting record annual revenue of £19bn Business live – latest updates Aldi says it is stepping up investment in the UK with plans to spend £900m and open more than 40 stores. The company, which operates 1,092 budget supermarkets in the UK and Ireland, revealed sales rose 5% to a record £19bn last year. It opened 40 stores but profits slipped by £2.6m to £433m as it cut prices despite cost inflation.
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