ALDI Grocery Chain Buys County Bottom Dollar Properties

ALDI, which tabs itself as the nation’s low price grocery leader, announced it has purchased 66 Bottom Dollar Food sites, including locations in Buck and Montgomery counties. Some will be reopened as ALDI stores while others will be sold or leased.

The grocery chain began growing its operation in 2013 with the goal of opening 650 new stores by 2018 fi a total of 2,000 stores nationwide.

As part of the purchase, ALDI expects to open nearby stores in Levittown, Souderton and Willow Grove.

“ALDI has been offering fresh, affordable groceries in Pennsylvania and Southern New Jersey communities for 20 years,” said CEO Jason Hart in a press release. “With the completion of this real estate transaction, we are able to ramp up our expansion plans in the region to meet the growing demand for the ALDO difference: high-quality groceries at everyday low prices in an easy-to-shop store. “While we are excited to pursue opening ALDI stores at 30 of these locations, we will continue working with those communities where we will not be using the sites to ensure a smooth transition.”

The Bottom Dollar sites that will not be re-opened as ALDI chains include Ambler, Bensalem, Feasterville-Trevose, King of Prussia, Lower Southampton and Quakertown.