Aldi to Invest $1.8 Billion to Accelerate Growth in Britain

Aldi to Invest $1.8 Billion to Accelerate Growth in Britain
Signage is seen at a branch of Aldi Local in London, Britain on June 17, 2020. Toby Melville/Reuters
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LONDON—The British and Irish arm of German discount supermarket group Aldi will invest 1.3 billion pounds ($1.8 billion) in its business over the next two years as it attempts to accelerate its growth in market share, it said on Monday.

The retailer plans to open another 100 new stores in Britain, expand its logistics infrastructure, including a new distribution centre in central England, and invest in technology.