The other German discount supermarket company opened its first USA store in 1976, and now operates 1,600 stores stateside, under both the Aldi banner and Trader Joe's.The company has invested $3 billion into a 5-year expansion plan that will add more than 650 new locations by 2018, increasing the number of US stores to 2,000.
The chain plans to eventually open as many as 600 stores in the U.S., according to a copy of a company presentation obtained by Business Insider.
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Lidl runs more than 10,000 stores in close to 30 countries in Europe.
"After three years of research, we discovered that USA consumers don't like discount groceries", the presentation said.
The first 20 Lidl grocery stores will open in South Carolina, North Carolina and Virginia, where USA headquarters were established in 2015.
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Following months of speculation, the German discounter - which has seen success in the United Kingdom and around Europe with its low-price model taking sizeable market share away from other major supermarket chains - has confirmed its U.S. intentions.
Lidl focuses on offering low prices with store label products rather than brand names.
Lidl also saves money by requiring customers to bring their own shopping bags and bag their own groceries.
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The German supermarket chain, one of the world´s biggest, plans to establish 100 stores across the East Coast before the end of the year.