Aldi Ireland has announced a dedicated expansion programme in the west of Ireland which will see the company invest over €63m and create 140 full-time jobs.
The investment will see new stores in Ballina, Tuam, Mountbellew, Athenry, Ballyhaunis, Monivea Road, Galway, along with store upgrades in Portumna, Clifden, Galway Retail Park and Ballinasloe.
Some of these are already complete.
A further 350 jobs will be created through the construction of the new shops and the upgrade of some existing ones.
Niall O'Connor, Aldi Group Managing Director, said the company's value offering has never been more relevant.
"The cost-of-living crisis is impacting every household and we are very aware what it means for our customers," Mr O'Connor said. "Aldi has always prioritised value as we know that the weekly shop is among the largest outlays in every household budget."
Aldi Ireland made the announcement at the official opening of its Ballina store, the company’s fifth in Co Mayo.
The company signalled that its Tuam store will open later this month, with store openings in Ballyhaunis, and Athenry following in the first half of next year.
Recruitment for positions across these stores will begin in early 2023.
"I’m particularly delighted to welcome the opening of Adli Ireland’s new store in Ballina today. This €10m new store, and the 30 new jobs it creates, will help deliver value to the people of Ballina and County Mayo," Mr O'Connor said.
Mr O’Connor said Aldi Ireland is not immune to the current realities of doing business in an inflationary period and it appreciates that the same is true for its network of local suppliers.
"Working alongside our expanding local supplier network, we will continue to work hard, mindful of the challenges facing our customers and supporting them in weathering this storm," he said.
Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said the Government is committed to creating a job for everyone that wants one, in the county of their choice "so I'm glad to see a good spread of investment with further investment potentially on the horizon".
"Aldi offers a living wage to its workers which is an important priority of mine too. I know this news will be welcomed by suppliers as well as the local communities and I wish everyone involved the very best of luck with it."
Aldi is currently awaiting decisions from An Bord Pleanála regarding planning applications for stores in Mountbellew in Co Galway and Monivea Road in Galway City.