ALDI plans to create 4,000 new jobs and open 100 new stores as part of a £1.3billion investment package.
The discount supermarket said that it hopes to create thousands of jobs next year, while the new store openings will be complete by the end of 2022.
Aldi is to create thousands of jobs and open another 100 stores
The multi-billion pound investment is to mark the 30th anniversary in the UK.
The German supermarket currently has more than 11,000 shops nationwide, which it hopes to expand to 1,200 by 2025.
Aldi will splash some of the cash on upgrading stores that are already open, as well as its distribution centres, and encouraging “innovation”.
Earlier this month, Aldi launched a click and collect trial at a store in the Midlands. It now plans to roll this out to 15 more stores.
The discounter reported that sales increased by 8% to £12.28 billion in 2019, and saw pre-tax profits jump by 49% to £271.5 million for the year.
Major grocery rivals, including Tesco and Morrisons, have pushed their prices lower in recent months in a bid to stem strong growth by Aldi and fellow German discounter Lidl.
However, both Aldi and Lidl have failed to benefit substantially from the surge in demand for online orders and home deliveries since the pandemic fully impacted the UK.
In May, Aldi revealed plans to deliver groceries to homes in the UK for the first time through a partnership with Deliveroo.
Giles Hurley, chief executive for Aldi UK and Ireland, said: “The response to the challenge presented by the Covid-19 pandemic was both heroic and historic.
“If there is a positive to take from the situation, it’s that supermarkets, suppliers and shoppers can overcome the greatest of challenges when we work together.
“With the UK’s economic outlook increasingly uncertain, families are more concerned about their grocery bills than ever.