Lidl plans to open hundreds of new stores

By: Trademagazin editor Date: 2018. 05. 07. 11:29

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Lidl and Kaufland’s parent company the German Schwarz Gruppe expects more than 100 billion euros turnover for this year and is ready to make more investments.

Lidl and its rival, the Aldi food chain, are investing heavily in other countries, for example in the UK, where they want to increase their market share.

According to Schwarz Gruppe, the company’s turnover last year increased by 7.4 percent to 96.9 billion euros. (vg.hu, MTI)