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German discount retailer Aldi has announced plans to expand in Spain in 2024 via 50 new store openings and two new distribution centres.
According to sources, the retailer plans to inaugurate a new distribution centre in Sagunto in the Valencia region this February. The expansion will be focused mostly in the regions of Valencia, Catalonia and Madrid, where Spain’s three largest cities are located.
Commenting on the investment, Aldi managing director Valentín Lumbreras said: “We have been activating an ambitious expansion plan for years, one which we are maintaining and which is allowing us to increase our presence in Spain in a sustained manner”.
In line with current plans, Aldi will have more than 480 stores across Spain by the end of 2024.
Source: Think Spain
