ICYMI, we tweeted this news earlier today from CORINTH TODAY, which reported that Aldi is expanding its footprint in Northeast Mississippi:
Grocery store chain Aldi plans to open a Corinth location in the fall, according to a company official.
“We’re planning to open a new store in Corinth during the fall of this year, but we’re still finalizing the details,” said Troy Marshall, vice president with the Aldi Mt. Juliet (Tennessee) Division.
Aldi’s plans to open a store in Corinth were confirmed in an email to Corinth Today on Tuesday morning.
The company did not say where the store would be located in Corinth.
“We’ll be sure to reach out with more information regarding the grand opening date and celebration, once available,” the statement added.
Aldi is building a 20,000-square-foot store in Tupelo on the site of the former Ryan’s restaurant. It will be the third Aldi in Mississippi, joining locations in Southaven and Olive Branch. The Corinth store would be the fourth in the state, if it opens this fall.
The new stores are part of Aldi’s $5 billion expansion plans. Last month, the German-based company announced a $3.4 billion capital investment for the U.S. that will make it the third-largest grocery chain behind Walmart and Kroger.
Aldi announced last fall a $1.6 billion plan to remodel 1,300 stores by 2020, but said last month it planned to grow to 2,500 stores by 2022.
The company – which currently has 1,650 stores in 35 states – also is adding 25,000 jobs in its stores, warehouses and offices with the five-year project.
Corinth also has seen interest from other national retailers recently. A Hobby Lobby will soon open in the Harper Square shopping center. And a Harbor Freight Tools will soon open in a portion of the former Kmart building.