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Aldi to Add 25 New Stores in Dallas-Fort Worth Area

Deep Discount Grocery Retailer Capitalizing on Price-Conscious Consumers
December 15, 2008
Aldi plans to open 25 new stores in the Dallas-Fort Worth metropolitan area by spring 2010, according to the Denton Record-Chronicle. The stores will be supplied by a new, $40 million, 500,000-square-foot distribution center near the Denton, TX airport that is scheduled to open sometime between December 2009 and June 2010.

A handful of store locations are already secured in Dallas, Garland, Pantego, Plano, Richardson and Rowlett, said a company spokeswoman. The company is reportedly doubling its rate of expansion in the coming years, with a particular focus in Texas and Florida. The company has only become more popular in the recession, as it boasts 25% lighter discounts on food in comparison to Wal-Mart.

This story appears in CoStar's Retail News Roundup: Dec. 14 to Dec. 20, 2008, a weekly column covering retail store expansions, closings, bankruptcies, acquisitions/mergers/sales, new retail developments, personnel changes, sustainability, and more.

This week in the Retail Roundup, CoStar reports on expansions or new concepts at Kohl's, Forever 21, Aldi, Safeway, and Tops Markets; new retail developments in SC, GA and TN; acquisition, merger, loan or sale activity at General Growth and Macerich; closings, cutbacks or bankruptcies at KB Toys, EZ Lube, and BTWW Retail; personnel announcements at National Retail Properties and Sperry Van Ness; and more.

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