Is Aldi Coming To Canada
Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)
Costco’s logo since 1997
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| Type |
Public |
|---|---|
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Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component |
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| Industry |
Retail |
| Predecessor |
Price Club |
| Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S. |
| Founders |
James Sinegal Jeffrey Brotman Sol Price Robert Price |
| Headquarters |
,
U.S.
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Number of locations
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804 [1] (2021) |
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Area served
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Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States |
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Key people
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Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO) |
| Brands | Kirkland Signature |
| Services |
Merchandise Cash & Carry Warehouse club Filling stations |
| Revenue |
 US$166.76 billion [2] (2020) |
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US$6.023 billion [2] (2020) |
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US$4.002 billion [2] (2020) |
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Total assets |
US$45.40 billion [2] (2019) |
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Total equity |
US$15.24 billion [2] (2019) |
| Members |
105.5 million [3] (2020) |
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Number of employees
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273,000 [3] (2020) |
| Website |
www .costco .com  |
It is difficult to expand grocery stores, but it is possible to open new markets.
Aldi, the German-based supermarket chain has long been pushing its boundaries beyond home. In fact, it first set foot in North America in 1973. But, even though they have over 2000 U.S. stores, Canada is still unpopulated with their discount goods.
Aldi will soon be coming to Canada, so what is the answer? The answer might surprise you, given the company’s steady U.S. expansion.
Is Aldi Coming To Canada In 2022?
Aldi will not be coming to Canada as of 2022. Market experts have predicted that Aldi will move to Canada in the future, but the company has so far not shown any signs of expansion or issued statements.
Are you wondering why Aldi aren’t making it to Canada? Or if the public wants Aldi in Canada? Keep reading because I have the answer.
Aldi Comes To Canada But Why Aren’t They?
Aldi seems to have set its sights on the American discount market, and has ignored Canada for many reasons.
Aldi’s business model relies on the sale of low-priced foodstuffs that will keep your kitchen and pantry well-stocked.
Aldi has the ability to stay within their budgets and still offer competitive prices in the United States.
Canada is home to 40% of Canada’s groceries, with budget/discount shopping being the best option.
American shoppers may be impressed at Aldi’s low prices, but Canadians might find it more challenging to convince.
Aldi cares about the placement of its stores. This includes laying out some core requirements that it considers when looking for new locations.
Aldi’s dedication to keeping operations costs low (to transfer the savings to shoppers), makes it impossible to envision Aldi digging into its pockets to support a marketplace where there is no guarantee of their success.
Aldi follows the lead of Lidl, their main rival in Europe. Lidl also went to great lengths to create a Mississauga-based headquarters and hire people.
Lidl ended up closing the office, scrapping plans and firing everyone. A few years later, Lidl instead opened their first store in the U.S. Aldi could use this cautionary tale.
Do Shoppers Want Or Even Need Aldi In Canada?
Aldi has become such a popular brand that Canadians are willing to spend a lot of money on them.
This is likely where Aldi Finds come into play. Canadians have the ability to buy cheap cereals and flours. But Aldi Findings would draw people with character pets, outdoor seating, and exercise bikes at ridiculously low Aldi prices.
Canada: Aldi Stores
Aldi could start in the big Canadian cities Toronto, Vancouver or Montreal. They have combined a population totaling 10.5 million. Canada’s high population density means that Aldi is likely to stick with larger cities and urban centers.
See our post on Aldi expansion in Las Vegas. Also, check out the Aldi opening times.
Aldi will not be coming to Canada anytime soon, and has shown no indication of planning to.
Aldi’s move to Canada will require more planning and research, as well as a lot of analysis.
.Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)
