Aldi has said it will open a new store in the UK during the festive period, the first to open in the country since 2015.
The new Aldi on Southwark Street in London will open from the 31st of December, and will carry a range of Aldi products, including its popular fruit and vegetable products.
The Aldi store will be at the corner of the city’s Southwark High Street and the new Aldis store in Kensington and Chelsea will be just blocks away.
Aldi has already announced a new grocery store in Northampton, south-east England, and a food and drink chain in Birmingham.
The supermarket giant, which has more than 250 stores across the UK, is also in talks with the UK government to set up a £10bn food bank.
The store opening comes amid growing concerns over the rise of the so-called “gig economy”, where many consumers are working more hours than they would normally to supplement their incomes.
This is especially true in cities like London, where the average working day has increased from 22 hours to 34.
This means people working more than 40 hours a week are struggling to make ends meet, and the recession has hit the housing market hard.
This month, a report by the think-tank Demos found that the number of working-age adults earning more than £50,000 was at its lowest level in over four years.
In a statement, Aldi said: “We will always be focused on creating and nurturing a culture that celebrates our customers, associates and staff, while helping them achieve their financial goals.
This will help us to grow our business, and deliver better value for our customers and associates, while continuing to provide Aldi with the best-in-class shopping experience for our loyal customers and employees.”
In the UK alone, Aldis has seen a 40 per cent rise in sales over the last three years.
The company said: We are delighted to be opening a new Aldif supermarket in the United Kingdom, which will bring a range from Aldi’s popular fruit, vegetables and bakery products to our growing Aldi Grocery & Wine and Aldi Fresh food and takeaway brands.
“This is a natural step for Aldi as we look to expand our business across the globe, including our UK store.”
Aldis has more stores than any other grocery chain in the world, including in the US and Canada.