Aldi to Expand in Southern U.S.

German supermarket chain Aldi is set to acquire around 400 Winn-Dixie and Harveys Supermarket locations in the Southern U.S., spanning Florida, Alabama, Georgia, Louisiana, and Mississippi. The move is part of Aldi's strategy to expand its regional presence. Some acquired stores will be rebranded as Aldi outlets, while others will continue to operate under their original names. The financial terms of the deal have not been disclosed, but the transaction is expected to be finalized in the first half of 2024. This acquisition is a significant step in Aldi's growth strategy, which aims to surpass 2,400 stores nationwide by the end of the year and aligns with the current trend of consumers prioritizing grocery spending amid economic uncertainties. The acquisition is part of a broader divestiture plan by Southeastern Grocers, the parent company of Winn-Dixie and Harveys Supermarket.