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Aldi to spend an extra £3.5bn a year with UK suppliers

Aldi is to increase the amount of food and drink it buys from UK suppliers by £3.5 billion a year within the next five years. The… View Article

FOOD & DRINK

Aldi to spend an extra £3.5bn a year with UK suppliers

Aldi is to increase the amount of food and drink it buys from UK suppliers by £3.5 billion a year within the next five years.

The move is part of the supermarket’s expansion plans which also include investing £500 million in new and upgraded stores, distribution centres and its supply chain in 2021. The initiatives will create over 4,000 jobs.

Giles Hurley, chief executive of Aldi UK, said: “We are expecting significant sales growth in 2021 as we open new stores and bring Aldi to more locations across the UK. With the vast majority of our grocery products now coming from British suppliers, our growth will lead to additional jobs and investment in our UK supply chain.”

Aldi has also confirmed that the immediate payment terms for small suppliers it introduced at the start of the Covid-19 pandemic will be extended until the end of next year.

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