German retailers Aldi Nord and Süd collectively achieved a global turnover of €112 billion in 2023, an increase of 8.7%. The growth mainly comes from Aldi’s foreign activities. The company has expanded, partly through take-overs, in the US and opened nearly 100 new supermarkets around Europe.
The expansion push continues for now, with numerous store openings planned. Aldi wants to open 800 new stores in the US by 2028. In addition, it plans to increase its store network in the UK from the current 1,000 to 1,500 stores with an investment of € 948 million in expansion and refurbishing.
Despite Aldi's record sales in 2023, its major competitor Lidl remains slightly ahead. Lidl's revenue increased by 9.4 percent, reaching €125.5 billion.