Discounter Aldi is investing £22m in acquiring new stores and refurbishing existing ones in the Greater London area this year.
The retailer said it expected to open nine new stores inside the M25 before the end of 2021 and would extend its existing store in Feltham, West London. Aldi said the investment would also cover the wages of 300 new staff across the capital.
The £22m investment is part of the £1.3bn Aldi pledged to invest in stores across the next two years. It is set to open its 48th London store in Little Venice this week.
Areas set to get a new Aldi this year include Dalston, South Harrow and Haringey.
Aldi regional managing director Ben Shotter said: “Whilst we continue to expand throughout the UK, growing our market share in London is a key focus for us. Over the next four years, we want to change the fact that some people in London don’t always have easy access to Aldi’s high-quality groceries at the lowest prices.
“With shoppers increasingly looking to make sure they get unbeatable prices on their weekly shop without compromising on quality, our stores are becoming ever more popular. This investment in London stores will help make the UK’s lowest-priced supermarket more accessible to even more people.”
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