Lidl may withdraw from the Swedish and Danish market

By: trademagazin Date: 2011. 03. 21. 13:57

According to the latest news, the Lidl discount chains withdraws from the Swedish and Danish markets:

According to newspapers; the German discount chain wants to sell its Swedish and Danish units, because they could not make them profitable.

According to the informations of Progressive Newsletter; Lidl, in Sweden invested 470 million USD (90 billion HUF) since 2003, but I still could not make its network profitable – reports penzcentrum.hu.

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