The discount retailer will invest £1.6 billion to fund the store openings between 2026 and 2027.
The plan is a continuation of Aldi’s approach to store openings, with 21 stores set to open between now and Christmas in locations such as Shoreditch, Durham and Kirkintilloch.
Aldi has already confirmed 20 priority locations where it is actively sites such as Bromley, Ealing, South Shields and Witney.
As it stands, Aldi has 1,060 stores in the UK and has plans to grow that number to 1,500. It is now the fourth largest supermarket in the country behind only Tesco, Sainsbury’s and Asda.
The news was announced alongside the publication of Aldi’s results for the 12 months to December 2024, which showed sales increased to £18.1 billion, up from £17.9 billion.
Meanwhile, operating profit fell to £435.5 million from £552.9 million the year prior. Aldi put the decline down to its continued investment in lower prices and the pay raises given to its staff.
Commenting on the plans, chief executive officer for Aldi UK and Ireland Giles Hurley said: “Shoppers are still finding things difficult and that’s why we’re staying laser focused on doing what Aldi does best - offering customers great quality products at unbeatable prices. Nobody else is making the same commitment to everyday low prices – no clubs, no gimmicks, no tricks - just prices our customers can trust and quality they can depend on.”
“Since we opened our first UK store over 35 years ago, we’ve brought high-quality, affordable groceries to almost 800 towns and cities, but there are hundreds more communities that don’t have an Aldi nearby. We’re more determined than ever to meet that demand, and that’s why we’re investing a record £1.6bn over the next two years, to bring Aldi prices closer to millions more customers.”