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Southeastern Grocers

All articles tagged with #southeastern grocers

business1 year ago

Aldi's Ambitious Plan: 800 New Stores Across the US by 2028

Aldi, the German-owned grocery chain, plans to add 800 new stores in the U.S. over the next five years, with expansions in the Northeast, Midwest, western U.S., and Southern California. The company will also convert many Winn-Dixie and Harveys locations in the Southeast into Aldis, following its acquisition of Southeastern Grocers. Known for its lower prices and private-label selections, Aldi's ambitious growth plans pose a threat to established players, especially in Southeastern markets, and are expected to impact the U.S. grocery retail landscape significantly.

business-retail1 year ago

ALDI's Ambitious Expansion Strategy Unveiled

ALDI announces plans to open 800 new stores across the United States by 2028, including conversions and organic growth following the acquisition of Southeastern Grocers. The expansion will focus on the Southeast, Northeast, Midwest, and West, with a phased approach to store conversions beginning this summer. CEO Jason Hart emphasizes the company's commitment to meeting customer demand for affordable, quality groceries and providing a convenient shopping experience, with a focus on community impact.

business2 years ago

Aldi's Acquisition: Winn-Dixie and Harveys Stores Sold in Florida

German discount supermarket chain Aldi is set to acquire 400 Harveys Supermarket and Winn-Dixie grocery stores in Alabama, Georgia, Louisiana, Mississippi, and Florida from Southeastern Grocers Inc. The deal, subject to regulatory approval, is expected to close in the first half of 2024. Aldi aims to support its long-term growth strategy in the US and plans to operate the acquired stores in their current locations, evaluating which ones to convert to the Aldi format. The move is seen as unusual for Aldi, which typically opens its own stores, and suggests an experiment with more traditional supermarkets. Southeastern Grocers will also sell its 28 Fresco y Mas stores to Fresco Retail Group.