Aldi announces 21% increase in sales

Aldi Stores (Ireland) Ltd today announced a year-on-year increase in sales of 21% throughout its Irish store network.

The company’s market share also grew accordingly, increasing to 4.8% in November 2008.

Commenting on the figures, Donald Mackay, Managing Director of Aldi Stores Ireland, said: “We are extremely pleased with our performance in 2008. We have experienced strong growth over the last number of years as we reach more people with our proposition.

“This has been helped by the current economic climate where shoppers are more conscious of their grocery spend.”

Aldi recently announced details of a €350m expansion that will see the company open a further 32 new stores over the next three years, along with a second regional distribution centre in Mitchelstown Co. Cork to service its southern operations.

A total of 650 jobs will be created as a result of this expansion programme.