Aldi announces increased investment with British suppliers

Aldi spent an additional £1.3 billion with British suppliers in 2023, the supermarket revealed.

Industry news Industry insights
Published: 31/01/2024

Aldi spent an additional £1.3 billion with British suppliers in 2023, the supermarket revealed.

In a year in which it opened its 1,000th store and recorded its strongest Christmas ever, Britain’s fourth-largest supermarket invested more than ever before in British suppliers and growers, meaning they now provide more than three quarters of all items sold in its stores.

Aldi works with around 5,000 suppliers across the UK and has been ranked as the best supermarket for conducting relationships fairly and in good faith for a record 10 years in the GSCOP annual survey.

Julie Ashfield, Managing Director of Buying at Aldi UK, said: “British suppliers are the lifeblood of our business and without them Aldi wouldn’t be where it is today. We will always be at their side.

“Longstanding relationships with suppliers are at the heart of our success and we are proud to work with so many British suppliers, helping to bolster job opportunities and investment in the UK supply chain.”

Aldi recently recorded its best ever Christmas with sales topping £1.5 billion. Consumer champion Which? also confirmed that Aldi was the UK’s lowest-priced supermarket for 2023, for a third year. Which? also found Aldi to be the cheapest for a typical Christmas shop, with the traditional Big Four supermarkets of Tesco, Sainsbury’s, Morrisons and Asda being more than 23% more expensive, on average.

Aldi recently committed to opening up to 500 more stores across Britain, planning to invest more than £1.4 billion over the next two years. This includes work to expand its distribution and store network as well as improving existing stores and technology infrastructure to support growth.

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