Aldi to accelerate expansion plans

The chief executive of Aldi has outlined aggressive expansion plans that could see the German supermarket open over a thousand new stores.

Matthew Barnes has indicated that Aldi could open up to eight stores in some British towns, piling further pressure on its more established rivals.

“If you look at the population, we think not only could we have a store in every town and city, but for every 25,000 to 30,000 people,” he said.

Aldi currently has 700 British outlets and, according to Mr Barnes’ calculations and the UK population, this could increase to 2,600 stores as part of the firm’s expansion plan.