Aldi targets Cornwall for further growth

Aldi has revealed the areas it wants to create new stores in Cornwall as it invests £1.4 billion over the next two years.

In its annual trading update, Aldi said it had attracted around a million extra customers in the past 12 months with a new generation of savvy shoppers turning their back on traditional, full priced supermarkets.

Britain’s fourth largest supermarket, which opened its 1,000^th store earlier this month, is committed to a long-term target of 1,500 stores in the UK – meaning it is on the hunt for more locations across the UK.

The areas in Cornwall where it is currently looking for sites include Penzance, Helston and St Austell.

Aldi is searching for freehold town centre, edge-of-centre, and retail park sites suitable for property development. The sites should be able to accommodate a 20,000 sq foot store with around 100 parking spaces. Ideally the location will be near a main road with good visibility and access.