Aldi to strengthen UK suppliers by injecting £ 3.5bn per year into local businesses

Wednesday, December 29, 2021 2:39 p.m.

Aldi is expected to strengthen its UK-based suppliers next year, becoming the latest of a number of companies trying to bring their supply chains closer to home.

Recruiting more than 100 additional suppliers in 2022, the move is part of the supermarket chain’s pledge to increase spending with its suppliers on UK soil by £ 3.5bn per year by the end of 2025. .

It comes as supply chain disruptions amid the pandemic and Brexit have resulted in shortages of some items on supermarket shelves.

While the supermarket’s meat, eggs, milk, butter and cream are already sourced from UK suppliers, Aldi is looking to increase the number of products it purchases in the UK.

Last year Aldi injected £ 9bn into UK companies.

The low-cost supermarket also plans to create 2,000 new jobs and open 100 more stores over the next two years.

It follows a growth spurt of more than 10 percent in sales for the most recent fiscal year.

Income has also topped £ 13.5 billion, with up to 60% of UK households shopping in the store during the pandemic.

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