While Most Retailers Struggle, Aldi Plans to Open 70 New US Stores

Retailers are expected to close stores in record numbers this year, but German discount grocery chain Aldi is still expanding in the United States.

Shoppers queue outside an Aldi supermarket in London, UK, on March 23, 2020. Dan Kitwood/Getty Images

Retailers are expected to close stores in record numbers this year, but German discount grocery chain Aldi is still expanding in the United States.

Aldi announced Tuesday that it will open 70 new stores this year. It also said it recently surpassed the 2,000-store marker. The privately held grocer is on track to become the third largest supermarket chain behind Kroger and Walmart in terms of store count, with 2,500 stores by the end of 2022.