Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)
Costco’s logo since 1997
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 |
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| Type |
Public |
|---|---|
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Nasdaq : COST |
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| Industry |
Retail |
| Predecessor |
Price Club |
| Founded |
July 12, 1976 ( 1976-07-12 ) (as Price Club) September 15, 1983 |
| Founders |
James Sinegal 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 |
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Key people
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Hamilton E. James |
| Brands | Kirkland Signature |
| Services |
Merchandise |
| 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) |
|
Total equity |
US$15.24 billion [2] (2019) |
| Members |
105.5 million [3] (2020) |
|
Number of employees
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273,000 [3] (2020) |
| Website |
www .costco .com  |
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 supermarket chain is based in Germany. They have been pushing beyond their home borders for over 30 years. Aldi first opened its doors in North America in 1970. While they own more than 2000 stores there, Canada still lacks the discount products.
Aldi could be heading to Canada very soon. The company’s continued expansion in the U.S. might surprise you.
Is Aldi Coming To Canada In 2022?
Aldi does not plan to travel to Canada, or any Canadian cities 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 centers around the low cost of everyday foods, which keeps everyone’s homes and pantries stocked.
Aldi is able to keep their prices competitive with smaller chains in the U.S.
Canada has a 40 percent discount on grocery shopping, but that is only because of its budget/discount policy.
Whereas American shoppers visit Aldi and come out impressed, if not downright shocked, at the low grocery bills, Canadians would be tougher to impress.
Aldi is very serious about its store placement. They even outline some key requirements when searching for new sites via their website.
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 is also following the footsteps of Lidl (or at least their European rival), when it comes to sourcing employees. Lidl went as far to establish a Mississauga headquarters, hire staff and explore possible site options.
Lidl canceled their plans and closed the office. They also let go all of their employees. Lidl decided to open their first U.S.-based store instead, a few more years later. The story might serve as something of a cautionary tale for Aldi.
Do Shoppers Want Or Even Need Aldi In Canada?
Aldi’s hype machine is so effective that Canadians do not really require Aldi stores within their already-discount-focused country.
Aldi Finds are likely to be a solution. 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.
Where Could Aldi Build Stores In Canada?
Aldi could start in the big Canadian cities Toronto, Vancouver or Montreal. They have combined a population totaling 10.5 million. Canada’s current population density would mean that Aldi would prefer to stay in bigger cities or urban centers.
You can read our posts to learn more about Aldi’s expansion to Las Vegas and if Aldi will be coming to Colorado.
Aldi won’t be visiting Canada soon and have not shown any signs that they are planning on doing so.
Getting Aldi to come to an entirely different country, especially one uniquely structured like Canada, where the market is crowded with discount food retailers, will likely take a lot more analysis and planning, but take heart – it likely will happen at some point.
.Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)
