We are starting to see where German discount grocer Aldi will be opening up shop around the Valley.
ABC 15 and theArizona Republic have both published lists of where Aldi could be opening stores, based off permits and building plans filed with the individual cities. Between the time ABC 15 and the Arizona Republic published their stories, more Aldi permits were filed.
The Phoenix Business Journal reached out to Aldi this week seeking confirmation on any of these reported locations. A company spokeswoman said there was nothing to share yet, and earlier this year, Aldi told the PBJ that it would not share any information on expansion areas or potential store location until plans were solidified.
In a recent report published by commercial real estate services company CBRE Group Inc. Aldi finalized three new locations during the first quarter of 2018. The CBRE report shows that Aldi purchased buildings in Tempe and Glendale and executed a lease in Chandler. Aldi could start opening stores in Phoenix in 2019, according to CBRE.
The Maricopa County Assessor’s website shows that Aldi (Arizona) LLC has purchased these three buildings in metro Phoenix.:
1715 E Southern Ave. in Tempe
16880 N 59Th Ave. in Glendale,
1401 E Bell Road in Phoenix
Based off these reports and public records, there are 11 known future Aldi locations going up in the Valley and the previously reported regional distribution center that is being built in Goodyear.
Some expect Aldi could open as many as 40 stores in metro Phoenix. The company, which also owns specialty grocer Trader Joe’s, is in the middle of a $3.4 billion expansion, trying to have 2,500 stores across the U.S. by the end of 2022.
“We pioneered a grocery model built around value, convenience, quality and selection and now Aldi is one of America’s favorite and fastest-growing retailers,” Aldi CEO Jason Hart said in a statement. “We’re growing at a time when other retailers are struggling.”
Obviously, Aldi sees itself as a disruptor in the supermarket industry. With Phoenix already being one of the most competitive grocery markets in the country, adding a new store into the mix could really throw traditional players like Fry’s, Safeway and Bashas’ for a loop and add further competition in the cutthroat market.
Source: Phoenix Business Journal