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Discount grocer Aldi plans to open more than 180 stores in US this year as customers across incomes seek value

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As Americans across incomes look to trim the grocery budget, Aldi plans to open more than 180 stores in the U.S. this year — including on the traditional turf of rival supermarkets and big-box stores.

The German grocer’s latest growth plans follow an already aggressive expansion over the past decade. Aldi, which is known for its low prices, small stores and emphasis on private brands, has become the third-largest grocer in the country by store count, trailing behind only Walmart and Kroger

And last year, Aldi marked its biggest expansion since it opened its first U.S. store in Iowa in 1976 by opening nearly 200 locations. It had 2,614 stores in the U.S. as of Dec. 31.

Read more from CNBC.

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