Orlando Commercial Real Estate

Aldi named 2018 retailer of the year

Aldi has been named 2018 Retailer of the Year by Supermarket News.

The food and retail trade publication cited the fast-growing grocer’s prices and its high-quality store-brand products as the main reasons for its selection for the second time since 2015.

Aldi, which has about 1,800 stores in 35 states, is rapidly expanding, spending $5.3 billion on new and remodeled stores. The Illinois-based chain is spending $155 million to upgrade 83 Florida stores by 2020, according to a news release.Those renovations will be 50 percent complete by the end of the month.
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