There are many ways to get information on the Internet, but there can also be a lot of misleading information and outright lies.
Media will write about you a lot when you’re a successful company like Aldi. Recent headlines, however, had people on edge. Is Aldi closing stores soon? Are they going out of business?ng? We’re going to set the record straight below!
Is Aldi Closing Stores In 2022?
Despite a misleading headline, Aldi is not closing stores and will continue to expand in the United States. It opened 200 stores alone between 2020 and 2021. Aldi currently operates over 2,100 stores in 38 states across the US, and it is on its way to becoming the country’s third largest grocery chain.
That should answer your immediate question, but let’s look at why people are curious about the future of Aldi stores, if they have any problems in Australia, and if Aldi is still profitable!
Then you realize it’s clickbait and you’ve been duped.
That was almost certainly what was being viewed, with a headline reading, “Goodbye Aldi?” Every Single Store Closing In 2021.”
The headline is purposely misleading.
No, Aldi is hale and hearty, on track to hit 2,500 stores by the end of 2022, continuing its $5 billion plan announced in 2017.
Furthermore, Aldi has been partnering with Instacart for grocery delivery for years now, and has expanded curbside pickup options as well.
As a cheaper alternative to delivery, curbside pickup became a popular option during the Coronavirus pandemic.
Is Aldi Closing In Australia?
Despite a few closings here and there, Aldi continues to thrive in Australia on the whole.
That said, a July 2021 article reported that Aldi was planning on investing billions of dollars into its Australian expansion, and the company was looking to implement online ordering.
In addition, Aldi introduced new store formats for heavily populated city centers.
The roughly 6,400 square-foot Aldi Corner Stores feature grab-and-go foods, brewed coffee, and artisan bread.
Is Aldi Profitable?
Aldi is most certainly profitable, as the company experienced a 15% surge in net sales between 2020 and 2021.
Also, the company is tight-lipped about US net sales, but an estimate for 2019 suggested $15 billion.
To know more, you can also read our posts on what is Aldi, Aldi SWOT analysis, and Aldi competitors.
In August 2021, a very eye-catching bit of clickbait erupted, causing Aldi to be rumored to be closing stores and going out of business.
Instead, the company continues to grow, opening new stores, constructing a 500,000-square-foot distribution center, and increasing its efforts to become the third-largest grocer in the US.