Lidl Aiming To Have 1,100 Stores In Britain By 2025

The British arm of discounter Lidl has set a new target to have 1,100 stores by the end of 2025, creating up to 4,000 new jobs in the process.

Lidl GB, part of Germany’s Schwarz retail group, had a previous target of 1,000 stores by the end of 2023, which it said it was on track to reach. Sites of particular interest include ‘town centres, retail parks and metropolitan locations’, the group said.

It currently trades from about 880 stores, having opened 55 in 2020-21, with 26,000 employees.

Britain’s food retailing sector has been transformed in the past decade by the rise of Lidl and fellow German-owned discounter Aldi, which have driven down returns at the Big Four of Tesco, Sainsbury’s, Morrisons and Asda.

ESM