16 May 2017 - Janet Bird
The sky is the limit when it comes to Aldi's UK expansion ambitions, the retailer's chief executive has revealed.
The German discount grocer, which is currently the UK's fifth largest grocer according to market share figures from Kantar Worldwide, currently has 700 stores and has permission to build on 300 more sites.
But in an interview with The Grocer magazine, chief executive Matthew Barnes said he thought Aldi could eventually not only have a store in every town and city, but for every 25,000 to 30,000 people.
Since the UK currently has a population of around 65 million, this could mean Aldi could in the future have up to 2,600 stores here, almost four times more than at present.
Barnes also now believes Aldi will exceed its stated target of achieving 1,000 UK stores by 2022, telling The Grocer 1,300 might be a more realistic figure.