Discount grocery retailer ALDI plans to expand its store count this year, with expansion focused on California, Arizona, Florida and the Northeast. In eCommerce, Seattle-based headless commerce startup Fabric, which enables scalable and tailored digital commerce, has landed funding in a round headed up by Norwest Venture Partners. And in loans, short-term lending shows promise as a lifeline for the paycheck-to-paycheck consumer. All this, Today in Data.
Data:
564K: Square footage of ALDI’s new regional HQ and logistics complex in Loxley, Alabama.
100: Number of new stores ALDI plans to add this year.
60%: Approximate share of Americans who live paycheck to paycheck.
$43M: Amount that headless commerce provider Fabric raised in a Series A funding round.
2K: Minimum number of ALDI stores throughout 37 states.