Aldi’s £181m expansion plan
The firm said cash-strapped middle-class shoppers switching from more established grocers were behind a 30 per cent rise in group turnover to £2.8 billion last year. Operating profits jumped 450 per cent to £102.9 million.
The privately-owned German retailer pledged to open an extra 40 stores by the end of 2013, taking its total number of UK outlets to more than 500.
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Hide AdThe company said the strong performance was down to a change in its offering, including greater focus on fresh food, and more people choosing Aldi for their main weekly shop. It added that it was seeing similar growth in 2012.