Aldi, the UK’s fifth-largest supermarket, has announced its proposal for a new store on Newport Road, Caldicot

Aldi, the UK’s fifth-largest supermarket, has announced its proposal for a new store on Newport Road, Caldicot, which will replace the existing Waitrose supermarket that is due to close permanently on Sunday 6 December 2020.

Waitrose announced its intention to close the store in September, and Aldi saw an opportunity to utilise the vacant space to bring its high-quality, low-cost products to shoppers in Caldicot. With the closest existing Aldi store located 10 miles away in Newport, it is hoped that the new store will boost the local economy. The plans represent a significant investment and will support further employment through construction requirements and the supply chain.

Dan Oakenfull, Regional Managing Director for Aldi, said:

“We are delighted to announce our proposals for a new store in Caldicot. We have wanted to bring our offering to the area for some time, and with this opportunity arising, we’re keen to open our doors as soon as possible to bring our everyday amazing proposition to Caldicot shoppers.”

“The proposals would create more jobs in the town, which will also be great for the local area.”

Aldi prides itself in offering a lower-cost alternative to major supermarkets without compromising on quality. The proposed store will broaden the choice of retailer for the residents of Caldicot, allowing them to take advantage of Aldi’s unrivalled value-for-money range.

Aldi will shortly be submitting a planning application for minor changes to the existing building and hopes that it will be considered by Monmouthshire County Council in the coming months. If the proposals get the green light, Aldi hopes to welcome shoppers to the store before Christmas 2021.

Nathan Clark, asset manager at LCP, which manages the parade, said:

“We are pleased to have worked closely again with Aldi as it continues its expansion plans. The Wesley Buildings is a popular retail parade and it is good news for the local community to have this well-known supermarket brand opening on their doorstep.”