Aldi Set to Bow First New York City Store

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Aldi Set to Bow First New York City Store

06/02/2010
Discount grocer Aldi plans to open its first New York metropolitan area store in early 2011 on the first floor of the Rego Park II retail development in the borough of Queens.

The Batavia, Ill.-based Aldi’s select assortment format was developed to offer 90 percent of the items on a typical grocery shopping list at up to 50 percent less than the competition, resulting in an average of 30 percent to 40 percent savings compared to store brands at traditional supermarkets.

Operating more than 1,000 U.S. stores located in 31 states primarily from Kansas to the East Coast, Aldi said it will be looking to hire staff for its first-ever New York City store in the coming months.

The retailer focuses on organic growth, and has gone from averaging 20 to 30 new stores per year to opening approximately 100 new locations in 2009 and plans to open approximately 100 new stores in 2010.