Lidl has said it plans to open “hundreds” of new stores across the UK in a bid to reach more customers.
In the coming months, the discount supermarket chain will open stores in Bristol, Birmingham and London and is looking for more locations in “major growth cities” including Edinburgh and Leeds.
The company said that it has strengthened its operations over the past year to support the store openings, including opening a its largest global warehouse in Luton and completing an extension to its Welsh distribution centre in Bridgend.
https://retail-systems.com/rs/Lidl_opens_300m_UK_warehouse.php
Lidl said the move would allow it to reach thousands more households and grow its current market share of eight per cent, its highest ever recorded.
“We have also been the fastest growing bricks and mortar supermarket for the past seven months in a row,” said Richard Taylor, Lidl GB chief development officer. “With an exceptional store network and our laser focus on operational excellence, we’re welcoming more customers through our doors than ever before, which positions us perfectly for continued expansion.”
He continued: “We’re planning to open hundreds of new Lidl stores but ultimately see no ceiling on our ambition or growth potential. This is why we’re continuing to invest in new locations whilst exploring innovative routes to expansion.”
In September 2023, rival discounter Aldi also announced long term plans to open 500 new stores in the UK as part of a £1.3 billion investment plan.
Earlier this year, Aldi said that it would invest £550 million in its distribution network, adding that it has created a real estate team to facilitate its new store openings.
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