The growth of discount grocery chain Aldi shows no signs of stopping, with the German-owned company planning a big expansion over the next five years.
The company is investing $3.4 billion into its U.S. operations that will increase its store numbers from 1,600 to 2,500 by 2022, while remodeling 1,300 of its existing stores. This includes the expansion of it’s Mankato store.
Reuters news notes Aldi’s success in the U.S. has “disrupted” the country’s grocery market, as its competitive prices have seen it excel while other retailers struggle.
The company has 52 Minnesota stores as of now, so shoppers can expect that number to increase through its expansion plan.