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ALDI to invest $5B to grow its US presence

aldiGermany-based discount supermarket chain ALDI will invest $3.4 billion in the US to grow from 1,600 stores to 2,500 over the next five years, the company said Sunday. ALDI said it will also spend $1.6 billion on store remodels, as rival Lidl prepares to open its first U.S. stores. Read the Reuters story here

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