: Aldi paying undisclosed price for 400 supermarkets in southeastern U.S.


Aldi said Wednesday it would pay an undisclosed sum for 400 Winn-Dixie and Harveys supermarkets in Alabama, Florida, Georgia, Louisiana and Mississippi. A Batavia, Ill.–based unit of the German supermarket company said it plans to add 120 new stores in the U.S. to reach a total of 2,400 by the end of 2023. The sale of the Winn-Dixie and Harveys supermarkets is part of a larger divestiture program by Southeastern Grocers Inc., a private company based in Jacksonville, Fla. Privately owned Aldi said it has invested $2.5 billion in the U.S. Southeast, including a distribution center in Loxley, Ala., and plans to open 20 new…

This article was originally published by Marketwatch.com. Read the original article here.

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