Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)

Costco Wholesale Corporation

Costco’s logo since 1997
Company headquarters in Issaquah, Washington (since 1994)
Type	Public
Traded as	Nasdaq : COST NASDAQ-100 Component S&P 100 Component S&P 500 Component
Industry	Retail
Predecessor	Price Club
Founded	July 12, 1976 ; 45 years ago ( 1976-07-12 ) (as Price Club) San Diego, California , U.S. September 15, 1983 ; 38 years ago ( 1983-09-15 ) (as Costco) Seattle, Washington , U.S.
Founders	James Sinegal Jeffrey Brotman Sol Price Robert Price
Headquarters	Issaquah, Washington , U.S.
Number of locations	804 [1] (2021)
Area served	Australia Canada China France Iceland Japan Mexico New Zealand South Korea Spain Taiwan United Kingdom United States
Key people	Hamilton E. James (Chairman) W. Craig Jelinek (President and CEO)
Brands	Kirkland Signature
Services	Merchandise Cash & Carry Warehouse club Filling stations
Revenue	US$166.76 billion [2] (2020)
Operating income	US$6.023 billion [2] (2020)
Net income	US$4.002 billion [2] (2020)
Total assets	US$45.40 billion [2] (2019)
Total equity	US$15.24 billion [2] (2019)
Members	105.5 million [3] (2020)
Number of employees	273,000 [3] (2020)
Website	www .costco .com

Expanding grocery stores in different countries can be a difficult business. Many chains don’t have the resources to manage this.

Germany-based supermarket chain Aldi has been pushing outside its home boundaries for decades, first planting itself in North America in the 1970s, but while they have over 2,000 stores in the U.S., Canada remains unpopulated by their discount goods.

Is Aldi going to Canada in the near future? Given the steady expansion of Aldi’s U.S. business, you might be surprised at the answer.

Is Aldi Coming To Canada In 2022?

Aldi doesn’t plan on coming to Canada in 2022. Many market analysts predict that the move will be inevitable. However, Aldi has not made any visible steps toward Canada or released statements regarding the possibility.

You may be asking yourself why Aldi hasn’t come to Canada. Or whether the Canadian public is willing to support the Aldi chain. Keep reading for all the details.

Why Isn’t Aldi Coming To Canada?

Aldi has seemingly set itself to conquer the American discount market and ignored the Canadian for a number of reasons.

Aldi’s core business model is based on low prices for everyday food that keeps people’s pantries and kitchens well-stocked.

Aldi prices can be compared well to those of smaller local chains.

Canada however has 40 percent less grocery store sales than the United States.

American shoppers go to Aldi, and are often impressed by the bargains, but Canadians will be more difficult to please.

Aldi is very serious about its store placement. They even outline some key requirements when searching for new sites via their website.

Aldi is committed to keeping costs down (to help shoppers), so it’s hard to picture Aldi spending a lot of money on a market they aren’t 100% certain will succeed.

Then Aldi also has the example of their major rival (at least in Europe), Lidl. Lidl also went to great lengths to create a Mississauga-based headquarters and hire people.

Lidl ended up closing the office, scrapping plans and firing everyone. Lidl eventually opened the U.S. first store several years later. Aldi can use the tale as a cautionary story.

Do Shoppers Want Or Even Need Aldi In Canada?

Aldi has become such a popular brand that Canadians are willing to spend a lot of money on them.

This is likely where Aldi Finds come into play. Canadians may be able to find low-cost flour, cereal, or frozen vegetables, but Aldi finds like pet beds for characters, exercise bikes, and outdoor seating – all at insanely-low Aldi pricing – will still attract shoppers.

Where Could Aldi Build Stores In Canada?

For starters, Aldi could try the bigger Canadian cities: Toronto, Vancouver and Montreal. They have combined a population totaling 10.5 million. Canada’s low population density makes it unlikely that Aldi will choose larger cities and more urban centers in Canada, at least initially.

You can read our posts to learn more about Aldi’s expansion to Las Vegas and if Aldi will be coming to Colorado.

Aldi does not plan to visit Canada in the near-future and shows no sign of being prepared to.

Aldi will need to travel to another country to be successful, particularly to Canada where there are many discount stores. However, it is possible.

.Is Aldi Coming To Canada In 2022? (Plans + Potential Locations)