BREAKING NEWS | ALDI to sell or sublease four Bottom Dollar locations in Valley
YOUNGSTOWN — All four of the Mahoning Valley Bottom Dollar locations will be evaluated for sale or sublease, ALDI Inc. the purchaser of the locations said today.
ALDI has plans to reopen 30 of the 66 shuttered Bottom Dollar locations, but none of them are in the Mahoning Valley.
The four Mahoning Valley locations are 890 E. Midlothian Blvd., 3377 Mahoning Ave., and i2649 Glenwood Ave., all in Youngstown, and 1756 North Road in Warren.
The $15 million real-estate transaction that was announced in November and completed today includes the land, buildings and leasehold improvements associated with Delhaize Group — the Belgium-based parent company of Bottom Dollar that left the discount food market.
In December 2013, ALDI embarked on an accelerated growth plan to open 650 new stores by the end of 2018, with the goal of operating nearly 2,000 stores across the country.
For the complete story, read Saturday's Vindicator and Vindy.com