Lidl to overtake?
Thanks to the fast adaptability of Lidl, the German discount chain, could raise the foot in a number of markets.
Lidl operates 9,875 units across Europe – theguardian wrote. According to the estimates of the Planet Retail, the discount chain and the Schwarz group, owner of Kaufland will overtake their major rivals (Carrefour, Tesco and Aldi) by 2018 in Europe. According to the same projection, the annual turnover of the conglomerate may exceed 80 billion euros by that time. (marketinginfo.hu, realista.hu)
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