Aldi to open 180-plus stores in 2026, launch new e-commerce site
Friday, January 16, 2026
Michael Brown is a highly versatile executive with extensive experience in commercial real estate acquisitions and dispositions.
As a real estate broker licensed in Florida since 2006, Michael Brown has many years of experience in sourcing and securing new sites for expanding companies in a variety of sectors including retail, restaurant, office and industrial.
Through his real estate career, Michael has handled site selections and acquisitions nationally for corporately owned (including private equity) and franchised locations. New store rollouts are one of his strengths as well as overseeing portfolio-wide lease administration. He has been responsible for target market analysis and site selections, successfully closing deals in 22 of the top 35 markets in the U.S.
Michael is a brand ambassador who has cultivated relationships nationally with property owners, brokers and retailers to get the inside scoop on commercial sites. He has made deals and presentations at ICSC conferences in Atlanta, Boston, Charlotte, Chicago, Las Vegas, New York, Orlando, South Florida, Tampa and Washington, DC. He has existing relationships nationally and a wealth of experience with many major property owners, from REITS to regional and local landlords.
Michael came to Florida originally in 1988 to expand the advertising department at Alamo Rent A Car's then corporate headquarters in Fort Lauderdale, FL. He was responsible for ensuring brand consistency and point-of-purchase execution at all of Alamo's rental facilities which grew by over 100 locations in the U.S. and U.K. and $1 Billion in revenue during his tenure there.
Brown is a seasoned professional with marketing and real estate experience in a variety of industries including Finance, Healthcare, Insurance, Non-profits, Real Estate Development, Restaurant, Retail, Travel and more.
Discount grocer Aldi plans to open more than 180 new stores across 31 states in 2026, celebrating its 50th anniversary in the U.S. and pushing toward its goal of 3,200 stores by 2028. The expansion includes entering Maine as its 40th state with a Portland location, launching a five-year Colorado expansion plan with 50 stores in Denver and Colorado Springs, and converting close to 80 Southeastern Grocers locations to the Aldi format. Aldi will launch a redesigned website early in 2026 featuring tailored product recommendations for easy reordering, expanded nutritional information, shoppable recipes, and meal planning tools to support both curbside pickup and home delivery. The company plans to open three new distribution centers over the next three years in Baldwin, Florida; Goodyear, Arizona; and Aurora, Colorado, as part of its $9 billion investment through 2028.
Mall jewelry and accessories retailer Claire's is planning technology upgrades for 2026, including more seamless data and application integrations and implementation of a modern point-of-sale platform to enhance customer in-store experiences. In 2025, the company focused on transformation and modernization, achieving technology-related cost reductions including a 48% year-over-year reduction in Microsoft Azure cloud spending through automation and improved governance, while also optimizing Microsoft 365 licensing and accelerating store technology refreshes. Looking ahead to 2026, Claire's plans to upgrade legacy systems, deliver faster data integrations, and implement modern POS platforms, with technology positioned as a growth engine rather than just an enabler. The technology transformation comes as the company works to reduce costs and regain its market footing following financial challenges.
Saks Global is not ruling out Chapter 11 bankruptcy as a last resort while exploring all potential paths to secure financial stability. The luxury retail conglomerate, which owns Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus, and Bergdorf Goodman, faces a more than $100 million debt payment due at the end of December and has been weighing emergency financing options or asset sales. The company missed an interest payment of over $100 million and is in talks with creditors to secure financing for the bankruptcy process, while it has been struggling with rising inflation and weakening consumer demand for luxury items. The financial troubles come after Saks raised billions of dollars last year to finance its acquisition of Neiman Marcus, which was intended to create a technology-powered luxury retail company backed by investors including Amazon, but the deal placed the company deeper in debt.