December 25, 2014 2:23 AM ET

Food and Staples Retailing

Company Overview of ALDI Inc.

Company Overview

ALDI Inc. owns and operates a chain of discount grocery stores in the United States. Its stores sell a range of grocery and household items, including food products, fresh meats and produce, sides, appetizers and snacks, desserts, beverages, wines and beers, etc. The company was incorporated in 1975 and is based in Batavia, Illinois. The company has store locations in Meadowlands, New Jersey; and Huntsville, Alabama. ALDI Inc. operates as a subsidiary of ALDI Einkauf GmbH & Co. oHG.

1200 North Kirk Road

Batavia, IL 60510-1477

United States

Founded in 1975

Phone:

630-879-8100

Fax:

630-879-8114

Key Executives for ALDI Inc.

Co-President
Co-President
Vice President of Batavia Division
Vice President of Center Valley Division
Compensation as of Fiscal Year 2014.

ALDI Inc. Key Developments

ALDI Announces Executive Changes; ALDI Plans to Open 650 New Stores

ALDI Inc. announced that to support the retailer's further expansion both in the US and internationally, it has made a structural adjustment to its senior leadership organization. Jason Hart, who currently serves as president for ALDI US, has been promoted to a new role effective April 1, 2015. Mr. Hart will become CEO for ALDI US and will be supported by Chuck Youngstrom and David Behm, who will continue in their roles of co-presidents for ALDI US. ALDI plans to open 650 new stores across the country, including expanding to Southern California, bringing its total number of US stores to nearly 2,000 by the end of 2018. The expansion is expected to create more than 10,000 new jobs at ALDI stores, warehouses and division offices across the country.

ALDI Inc. to Open 650 New Stores in US

ALDI Inc. announced a five-year strategic plan to open 650 new stores in US. The grocery retailer launched its expansion efforts with the decision to build its regional headquarters and distribution center in Moreno Valley, Calif. To reach its aggressive goal, over the next five years, ALDI plans to accelerate the pace of new store openings to an average of 130 per year, up from an average of 80 stores per year in recent years. ALDI also is planning to invest more than $3 billion to pay for land, facilities and equipment. When the expansion is complete, ALDI will have stores coast-to-coast and anticipates serving more than 45 million customers per month. The expansion is expected to create more than 10,000 new jobs at ALDI stores, warehouses and division offices. Additionally, the company's growth is expected to have a positive economic impact on its long-term supplier-partners, as well as provide opportunities for new supplier-partners as ALDI expands its footprint.

ALDI Launches SimplyNature

ALDI continues to emphasize its impressively high quality at impossibly low prices with the launch of its new brand, 'SimplyNature', which features simple foods made with only all-natural or organic ingredients. SimplyNature products range from cereal, honey, fruit bars and apple juice, to pasta sauce, pizza, salsa and various snacks. The new line of SimplyNature products is now available in all stores. Examples of new SimplyNature products available: SimplyNature Organic Agave Nectar (11.75 oz.) - $2.49, SimplyNature Organic Fruit Bars (10 oz.) - $2.69, SimplyNature Organic Toasted Oats (9-10 oz.) - $1.99, SimplyNature Exotic Vegetable Chips (7.5 oz.) - $2.99, SimplyNature Organic Apple Juice (64 oz.) - $2.49, SimplyNature Organic Pasta Sauce (25 oz.) - $1.99, SimplyNature Organic Diced Tomatoes (28oz.) - $1.49, SimplyNature Organic Spaghetti or Linguine (16 oz.) - $1.19, SimplyNature Shredded Wheat Cereal (16.4 oz.) - $1.99.

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