Lidl’s private labels have a big influence on the Portuguese economy
Lidl Portugal’s private label products contributed nearly EUR 1bn to the country’s economy in 2023, according to a recent study by consultancy firm Forvis Mazars. This amount represents almost one third of Lidl Portugal’s total economic impact on the country. More than 50% of Lidl’s permanent range of private labels is sourced from Portuguese suppliers, supporting the local economy and ensuring the quality and freshness of products.
This article is available for reading in Trade magazin 2024/11
Related news
New Product Launches In Spain Hit New Low, Study Finds
Innovation in Spain’s FMCG sector is at a record low,…
Read more >Schwarz Group acquires Romanian big box operator La Cocoș
In a market shaped by hypermarket contraction and discount dominance,…
Read more >Spanish Eroski stays on course thanks to AI and private labels
Despite higher costs, supermarket group Eroski ended the quarter with…
Read more >Related news
Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >What can cause the price of a wine to increase tenfold?
There are fewer of them worldwide than the number of…
Read more >