The Des Moines register reports that discount chain Aldi has closed four stores in Iowa – in Indianola, Oskaloosa, Washington, and Newton – since the end of June.
The units were closed, according to the company, because they were not meeting corporate sales expectations.
Aldi said earlier this year that it will close a distribution center in Burlington, Iowa, this fall, and will move its operations to an existing Minnesota facility.
Despite the closings, Aldi says that it still has 26 stores in Iowa and will open more if the right sites come along.
The units were closed, according to the company, because they were not meeting corporate sales expectations.
Aldi said earlier this year that it will close a distribution center in Burlington, Iowa, this fall, and will move its operations to an existing Minnesota facility.
Despite the closings, Aldi says that it still has 26 stores in Iowa and will open more if the right sites come along.
- KC's View:
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We did a quick check and found that it just so happens that Hy-Vee happens to have stores in all the communities where Aldi has closed units.
Coincidence? We think not.
Hy-Vee is a company that nobody should want to compete with.
