HANFORD — German-based ALDI Market plans to open new stores in the Central Valley, says Jeffrey Luna, Central Valley Director of Real Estate.
“We have 38 stores open now in Southern California and Bakersfield and hope to have 50 open by year’s end,” he said.
The company is in final negotiations for sites in Hanford and Porterville and is scouting locations in Visalia, he says.
Employment is expected to be 15 to 25 full-time jobs in Hanford.
In Hanford, the company has picked out a location on the southwest corner of 12th Avenue and Lacey Boulevard in a shopping center with Chipotle and Habit Burger.
ALDI builds prototype stores of around 22,000 square feet. They offer a full-line of meats and produce as well as beer and wine along with dry goods. The company seeks to be the low cost leader in a region competing with Walmart on price, says Luna.
“We’re 21 percent cheaper,” he adds.
Luna says the Porterville and Hanford stores could open by summer 2018.
ALDI announced recently a major expansion that would make it the third largest grocery store by number in the U.S. It would serve 100 million customers per month.
In Porterville, the company wants to locate at the corner of Jaye and Highway 190.
In Visalia, they want to be on Mooney Boulevard, says Luna.