Augusta Business Daily

Tue, November 28, 2023

ALDI buys out other grocery chain

ALDI, the low-cost supermarket chain based in Germany, has announced it has purchased Harvey’s and Winn Dixie stores from Jacksonville, Fl-based Southeastern Grocers. The companies made the announcement on August 16.

There are approximately 400 Harvey’s and Winn Dixies, primarily in southeastern states. There is a Harvey’s on Gordon Highway in Augusta. There are no local stores listed on the Winn Dixie website.

“Like ALDI, Winn-Dixie and Harvey’s Supermarket have long histories and many loyal customers in the Southeast and we look forward to serving them in the years to come,” said Jason Hart, CEO, ALDI. “The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills. The transaction supports our long-term growth strategy across the United States, including plans to add 120 new stores nationwide this year to reach a total of more than 2,400 stores by year-end.”

The merger has been approved by shareholders and is expected to close in the first quarter of 2024.

“We believe these next steps will fuel a phenomenal experience for our customers, new opportunities for our associates, and increased value for our shareholders,” said Anthony Hucker, president and CEO of Southeastern Grocers. “As the sales processes proceed, we’ll stay acutely focused upon delivering the exceptional quality, service, and value that our customers and communities have come to expect from us.”

“ALDI will operate Winn-Dixie and Harvey’s Supermarket stores with the same level of care and focus on quality and service, as we also evaluate which locations will convert to the ALDI format to better support the neighborhoods, we’ll now have the privilege of serving,” added Hart.

Hart said stores that aren’t converted will continue to operate under the Winn Dixie or Harvey’s banner.

ALDI has four stores in the Aiken-Augusta area.

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