Lidl latest news
Lidl was founded by Josef Schwarz in Germany in 1932 and is now one of Europe’s leading food retailers.
The company provides a selection of brand-agnostic products at discount prices and aims to offer an easy shopping experience. Around 90% of products in-store are own-label brands made specifically for Lidl to enable the retailer to offer competitive prices. Lidl also stocks major brands such as Uncles Bens, Walkers and Cadburys
Still run from its German headquarters, Lidl has 11,500 stores all over Europe and has been expanding into the US since 2017. It now has 165 stores serving American customers. Germany is its biggest market with over 3,000 stores, followed by France where there are around 1,600 stores.
In 1994, Lidl began serving UK customers with an initial 10 stores. Since then, it has gone from strength to strength and now has close to 1,000 stores across Britain. It continues to invest and grow its presence in high streets and towns across the UK.
A key value of Lidl is to provide high quality food whilst also sourcing locally wherever possible. More than two-thirds of its products are now sourced domestically. The Lidl bakery section was launched in 2012 and remains very successful.
Lidl does not have the option to order or have groceries delivered online. Despite the growth in deliveries throughout the Covid-19 pandemic, the retailer has maintained that it will not launch a service any time soon.
Products & services:
- Fresh produce
- Meat, poultry and seafood
- Refrigerated and Frozen food
- Household essentials
- Health and Beauty products
The retailer is owned by Lidl Stiftung and Co. which is part of the Schwarz Group, Europe’s largest food retailer. The group also owns Kaufland, a similar discount supermarket, which has stores across Europe.
There are currently 900 Lidl stores across the UK and the retailer is planning to grow its portfolio to 1,100 by 2025 and create over 4,000 new jobs.
Lidl employs around 26,000 people in the UK who work in over 800 stores and within 13 regional distribution centres. In addition, 800 employees are based in the retailer's new head office in Tolworth.
Internationally, Lidl employs 341,000 people across 11,550 stores and more than 200 warehouses and distribution centres in 30 countries.
The Lidl UK head office has recently opened in Tolworth.
The address is: 1st Floor Lidl Head Office, Corner of Kingston Road & Jubilee Way, Tolworth, Surrey KT5 9NU.
Its international headquarters are in Neckarsulm, Germany.
Lidl Great Britain Limited financials can be seen on Companies House.
Year to 28 February 2020
Revenue: £6.885 billion
Pre-Tax Loss: £25.195 million
Year to 28 February 2021
Revenue: £7.71 billion
Pre-Tax Profit: £9.816 million
Lidl can be contacted via phone and email to its new Tolworth head office
- Tel: 020 453 00679
- Email: [email protected]
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