Lidl is rapidly expanding its international reach, but with a new CEO and on the verge of its first American store openings, it is interesting to investigate the numbers that help create its success.
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German department store chain Lidl's American expansion is kicking into gear: the chain will open its first twenty American stores in the summer, a year ahead of schedule.
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Following internal talks with German discounter Lidl, CEO Sven Seidel has announced he will step down immediately, ending a 3-year stint as the company's leader.
German discounter Lidl has pledged to donate up to two million meals to charities all across the United Kingdom to “make a real, positive contribution”.
German supermarket chain Lidl expects to generate a 70 billion euro turnover in its current fiscal year, which ends in February 2017. With a result like that, Lidl would beat Aldi Süd and Aldi Nord's combined turnover.
Lidl Switzerland no longer automatically gives customers a receipt, but will rather ask every customer whether they want one. This way, the discount chain hopes to cut down on its paper usage.
German discounter Lidl plans to build a new British main office and 250 new stores in and around the London area, creating an extra 5,000 jobs.
Discounter Lidl is trialing a new formula in Berlin: Lidl Express. It carries a smaller product range than normal, but is also a pick-up point for online orders.
In the past quarter, discounters Aldi and Lidl have only managed an 11.4 and 8.4 % turnover increase respectively in the United Kingdom. Even though their growth pace is the slowest in years, they still outperformed their major competitors.
German supermarket chain Lidl continues its web shop expansion, including fresh fruit and vegetables from December onward. However, only customers in the Berlin region will be able to buy these items for the time being.
Textile is a growth area for food retailer Lidl and it hopes to make people notice its fashion product range with a pop-up store in Hamburg. Its private label Esmara will be on display there, a brand focused entirely on women.
In an attempt to fill its job openings, McDonald's Hungary has found a creative way to entice future employees: the company offers free housing, while employees only have to pay the utilities.
Lidl's plans for major IT investments point out the chain's ambitions to analyze its customer data.
Aldi and Lidl will face fewer consequences of the Brexit in the United Kingdom their major British rivals, because they rely more on local products. This will benefit them, according to a Kantal Retail analysis.
German supermarket chain Lidl has opened a web shop for non-food items in the Netherlands, the third country to receive such an online store, following Germany and Belgium.
Over to the next 5 to 7 years, supermarket chain Lidl will invest about 500 million euro into the Belgian market, which should lead to 50 new stores and about 2,000 new jobs.