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Finwire

Aldi to invest 900 million pounds in the UK – plans to open more than 40 new stores

German grocery chain Aldi plans to invest 900 million pounds in the UK and open more than 40 new stores next year. The Guardian reports.

Last year, sales increased by 5 percent to a record 19 billion pounds, while profit fell by 2.6 million pounds to 433 million pounds.

The chain is targeting 1,500 stores in the UK and Ireland over the long term. The chain currently has 1,092 stores in the region.

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