German supermarket company Lidl is planning to build a new warehouse facility in Luton, which is claimed to be the largest in the UK.
The move would create nearly 1,000 new employment opportunities in the region.
Located at J11A of the M1 near Houghton Regis, Bedfordshire, the new one-million square foot warehouse will be built on a 58-acre site, reported BBC.
The German retailer said that the new facility is part of Lidl UK’s plan to invest £1.45bn into the country for the 2017-18 financial year.
Owned by Germany-based retail company Schwarz Group, Lidl UK revealed that its new facility will be used to fulfil the requirements of its stores in London.
Lidl currently operates 690 retail outlets in the UK and is planning to open five new stores in Walthamstow Central, Rosehill, South Ruislip, Hornchurch and Shepherd’s Bush in the near future.
Lidl UK expansion and development director Ingo Fischer said: “With five new stores opening in the next two months alone, and further store expansion and development plans in place for the Greater London area across the new financial year and beyond, this new warehouse is vital in supporting our ambitious expansion plans in and around the M25.”
The discount supermarket chain is also planning to open new warehouse facilities in Doncaster, Bolton and Peterborough, according to independent.co.uk.
It is reported that the company has already initiated warehouse construction works in Avonmouth and at the Eurocentral industrial site in Scotland.