Meijer plans to invest $400 million

Meijer plans to spend $400 million in 2016 to grow the Midwest retailer's presence. The investment includes the construction of nine new Meijer supercenters and 32 store remodel projects. The new stores will go up in Michigan, Indiana, Illinois, Kentucky and Wisconsin.

"We are pleased to continue to grow and invest in the Midwest communities that have supported us for so long," co-Chairman Hank Meijer said. "By keeping prices low and ensuring a great shopping environment, we are keeping our promise to our customers that we will provide the best one-stop shopping solution."

The company plans to hire 3,000 new employees to staff the nine new stores.

Meijer new supercenter locations: Owensboro, KY; Evansville, IN; Indianapolis, IN; Round Lake Beach, IL; Flossmoor, IL; Sturgis, MI; Flat Rock, MI; Sussex, WI; Waukesha, WI.

Meijer currently operates over 220 locations across Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin.