Retail

Aldi Ireland Celebrates 25 Years With €400m Investment Plan

By Sarah O'Sullivan
Aldi Ireland Celebrates 25 Years With €400m Investment Plan

Marking 25 years in Ireland, Aldi has published an economic report as it announces a €400 million investment in 30 new stores.

Aldi’s economic contribution to Ireland in 2023 was €757 million as the retailer spent €1.1 billion with Irish suppliers.

This is according to the new report, entitled ‘Aldi in Ireland, 1999-2024,’ published today to mark 25 years of the retailer in Ireland.

Aldi reported a 58% increase in purchases from Irish suppliers since 2019, and Irish suppliers now account for almost half of all sales at Aldi.

The retailer currently employs more than 4,650 colleagues across Ireland and over the past 25 years has employed thousands more.

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Over 50% of staff originally employed by Aldi in 1999 still work with the company today.

Aldi is also retailer every year to implement the Technical Group Living Wage recommended increases annually to all staff.

The company works with more than 330 Irish suppliers and during its time in Ireland has spent €10.2 billion with the Irish supply network.

Aldi’s community work has seen it give back over €25 million to more than 1,000 charities and local organisations in the country.

Its customer base has also grown steadily, having welcomed almost 900 million customers in-store in the past 25 years.

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‘Significant Positive Impact’

Speaking about the anniversary, the Minister of State with responsibility for Business, Employment and Retail Emer Higgins TD said, “I’d like to congratulate Aldi and their customers, suppliers and staff, on celebrating 25 years of business in Ireland.

“This Economic Impact Report shows the scale of the impact that Aldi has had in terms of delivering increased economic activity across the country – whether that’s by supporting indigenous Irish producers, providing new shopping alternatives for customers, or creating well-paid jobs for thousands of people.

“I wish Aldi every success for the future and hope they can have the same positive impact on the country over the next 25 years.”

Niall O’Connor, the group managing director Aldi Ireland added, “Delivering value for Ireland – for shoppers, suppliers and staff – has been our guiding principle throughout our time in Ireland.

“Since first entering the Irish market 25 years ago, Aldi has had a significant positive impact on the Irish grocery market.

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“We introduced the discount retailer model to Ireland which has succeeded in delivering low prices, vale, choice and competition to the Irish retail market.

“As we mark our 25-year milestone and look back on our achievements, we’re just as ambitious for the future.

“Based upon projected customer growth, we expect to serve our one billionth customer in 2025.

“We’re committed to playing a leading role in meeting the growing demand for new retail offerings, and by 2029 we will spend another €400 million in capital expenditure on 30 new stores, adding 1,000 new colleagues.

“Times may change, but out unwavering commitment to value never will, and we’re looking to the next 25 years with as much focus and excitement as ever.”

Read More: Aldi Ireland Begins Trial Of Self-Service Checkouts

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