Is Aldi Coming To Canada

Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

Costco Wholesale Corporation
Type
Public

Nasdaq

:

COST



NASDAQ-100 Component



S&P 100 Component



S&P 500 Component
Industry
Retail
Predecessor
Price Club
Founded July 12, 1976

; 45 years ago


(

1976-07-12

)

(as Price Club)


San Diego, California

, U.S.

September 15, 1983

; 38 years ago


(

1983-09-15

)

(as Costco)


Seattle, Washington

, U.S.
Founders
James Sinegal



Jeffrey Brotman



Sol Price


Robert Price
Headquarters

,

U.S.
Number of locations
804


[1]


(2021)
Area served

Australia



Canada



China



France



Iceland



Japan



Mexico



New Zealand



South Korea



Spain



Taiwan



United Kingdom



United States
Key people

Hamilton E. James



(Chairman)



W. Craig Jelinek



(President and CEO)
Brands Kirkland Signature
Services
Merchandise



Cash & Carry



Warehouse club



Filling stations
Revenue Increase

US$166.76 billion



[2]


(2020)
Increase
US$6.023 billion


[2]


(2020)
Increase
US$4.002 billion


[2]


(2020)


Total assets

Increase
US$45.40 billion


[2]


(2019)


Total equity

Increase
US$15.24 billion


[2]


(2019)
Members Increase
105.5 million


[3]


(2020)
Number of employees
Increase
273,000


[3]


(2020)
Website

www

.costco

.com



Edit this at Wikidata

Although expansion of grocery stores can be difficult, expanding into other countries will require a different set of skills that most chains are simply not capable.

Aldi, a German supermarket chain, has been expanding beyond its borders for many decades. It first established itself in North America as a store in 1970. However, they now have more than 2,000 locations in America, while their discounted goods remain unpopulated in Canada.

Aldi is coming soon to Canada? The answer might surprise you, given the company’s steady U.S. expansion.

Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

Is Aldi Coming To Canada In 2022?

Aldi will not be coming to Canada as of 2022. Many market analysts predict that the move will be inevitable. However, Aldi has not made any visible steps toward Canada or released statements regarding the possibility.

You might be wondering why Aldi isn’t going to Canada, or if there’s enough demand for Aldi. I have all the answers.

Aldi Is Coming To Canada!

Aldi appears to be determined to dominate the American discount marketplace and ignores Canada for several reasons.

Aldi’s business model centers around the low cost of everyday foods, which keeps everyone’s homes and pantries stocked.

The prices compare well in the U.S., especially versus smaller regional chains, as Aldi can stay competitive within their price ranges.

Canada however has 40 percent less grocery store sales than the United States.

American shoppers may be impressed at Aldi’s low prices, but Canadians might find it more challenging to convince.

  • Aldi’s inability to travel to Canada is due to geography. CanadianGrocer.com says there’s a shortage of affordable real estate.
  • Aldi is very serious about its store placement. They even outline some key requirements when searching for new sites via their website.

    Aldi is committed to keeping costs down (to help shoppers), so it’s hard to picture Aldi spending a lot of money on a market they aren’t 100% certain will succeed.

    Aldi has also taken the advice of Lidl. Lidl went as far to establish a Mississauga headquarters, hire staff and explore possible site options.

    Lidl abandoned their plans to close the office, and they fired all employees. Instead, Lidl opened its first U.S. store a few years later. Aldi can use the tale as a cautionary story.

    Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

    Do Shoppers Want Or Even Need Aldi In Canada?

    The Aldi hype factory is so good that even if Canadians don’t really need Aldi stores in their already discount-focused country, they do indeed want them.

  • A member of the Aldi Aisle of Shame Facebook Community said that, despite coming from Canada she used to visit Aldi stores in the U.S. but was unable due to the closure of the border. This was all she did for Aldi.
  • A commenter on Reddit described themselves as “Desperately waiting for it [Aldi] to come to Canada.”
  • Aldi Finds are likely to be a solution. Canadians are able to get cheap bread, cereal and frozen veggies. Aldi’s finds such as character pet beds, inflatable outdoor seating and exercise bikes would nevertheless be popular.

    Where Could Aldi Build Stores In Canada?

    Aldi may want to start with the largest Canadian cities, Toronto, Vancouver, or Montreal. These cities together have 10.5million people. Canada’s current population density would mean that Aldi would prefer to stay in bigger cities or urban centers.

  • (For the record, Canada’s overall population density is four people per kilometer squared; the U.S. density is 36.)
  • Learn more by visiting our other posts.

  • Conclusion
  • Aldi does not plan to visit Canada in the near-future and shows no sign of being prepared to.

    It will take some planning and analysis to get Aldi to move to a different country.

    .Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

    See also  Aldi Hours