Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

Costco Wholesale Corporation
Type
Public

Nasdaq

:

COST



NASDAQ-100 Component



S&P 100 Component



S&P 500 Component
Industry
Retail
Predecessor
Price Club
Founded July 12, 1976

; 45 years ago


(

1976-07-12

)

(as Price Club)


San Diego, California

, U.S.

September 15, 1983

; 38 years ago


(

1983-09-15

)

(as Costco)


Seattle, Washington

, U.S.
Founders
James Sinegal



Jeffrey Brotman



Sol Price


Robert Price
Headquarters

,

U.S.
Number of locations
804


[1]


(2021)
Area served

Australia



Canada



China



France



Iceland



Japan



Mexico



New Zealand



South Korea



Spain



Taiwan



United Kingdom



United States
Key people

Hamilton E. James



(Chairman)



W. Craig Jelinek



(President and CEO)
Brands Kirkland Signature
Services
Merchandise



Cash & Carry



Warehouse club



Filling stations
Revenue Increase

US$166.76 billion



[2]


(2020)
Increase
US$6.023 billion


[2]


(2020)
Increase
US$4.002 billion


[2]


(2020)


Total assets

Increase
US$45.40 billion


[2]


(2019)


Total equity

Increase
US$15.24 billion


[2]


(2019)
Members Increase
105.5 million


[3]


(2020)
Number of employees
Increase
273,000


[3]


(2020)
Website

www

.costco

.com



Edit this at Wikidata

While expansion for grocery stores is a tough business, expansion into entirely different countries is a whole other ballgame that many chains simply are not equipped to handle.

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 will soon be coming to Canada, so what is the answer? The company’s continued expansion in the U.S. might surprise you.

Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

Is Aldi Coming To Canada In 2022?

Aldi is not planning to move to Canada and any Canadian cities by 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.

You may be asking yourself why Aldi hasn’t come to Canada. Or whether the Canadian public is willing to support the Aldi chain. Keep reading for all the details.

Why Isn’t Aldi Coming To Canada?

Aldi seems to have set its sights on the American discount market, and has ignored Canada for many reasons.

Aldi’s core business model is based on low prices for everyday food that keeps people’s pantries and kitchens well-stocked.

The prices compare well in the U.S., especially versus smaller regional chains, as Aldi can stay competitive within their price ranges.

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.

  • Geopolitics is another reason Aldi has not yet come to Canada, and doesn’t seem inclined to do so. CanadianGrocer.com says there’s a shortage of affordable real estate.
  • Aldi places great importance on its stores. In fact, they even have a website that outlines the essential requirements for scouting new areas.

    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 has also taken the advice of Lidl. Lidl even set up a tentative headquarters outside of Toronto in Mississauga, hired employees, and explored possible sites.

    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. Aldi might find this story a warning.

    Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

    Do Shoppers Want Or Even Need Aldi In Canada?

    Aldi has become such a popular brand that Canadians are willing to spend a lot of money on them.

  • A member of the Aldi Aisle of Shame Facebook Community said that, despite coming from Canada she used to visit Aldi stores in the U.S. but was unable due to the closure of the border. She visited a different country just for Aldi!
  • Reddit’s commenters described themselves to be “Desperately awaiting it [Aldi]” to visit Canada.
  • This is likely where Aldi Finds come into play. Canadians will find affordable flour and cereals, as well as frozen vegetables. However, Aldi Finds such character pet beds or inflatable outdoor seating would continue to attract customers.

    Canada: Aldi Stores

    Aldi might start by exploring the larger Canadian cities of Toronto, Vancouver, and Montreal. Combined, they have a population of 10.5 million people. Canada’s low population density makes it unlikely that Aldi will choose larger cities and more urban centers in Canada, at least initially.

  • (For historical purposes, Canada has an average population density of 4 per square km; U.S. density density is 36.
  • To learn more, you can see our related posts on whether or not Aldi is expanding to Las Vegas, if Aldi is coming to Colorado., and the Aldi opening hours.

  • Conclusion
  • Aldi has not indicated that they will be coming to Canada in any near future.

    It will take some planning and analysis to get Aldi to move to a different country.

    .Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

    See also  Aldi Tasmania: Are They Coming To Hobart Or Launceston?

    Add comment