German-owned discount supermarket Lidl GB has reportedly revealed plans for more than 25 new locations in the UK despite the coronavirus pandemic.
Citing the company, Reuters reported that the move is part of the company’s expansion strategy in the country.
Go deeper with GlobalData
The stores will be located across England, Scotland and Wales, the Evening Standard reported, expected to open in the next six months, and generating around 1,000 jobs.
Lidl chief executive officer Christian Härtnagel was quoted by the publication as saying: “It is testament to the continued hard work of our colleagues that we are able to continue forging ahead with our expansion plans, despite the challenging circumstances that have been faced over the past months.
“Families up and down the country rely on Lidl for affordable, high-quality groceries. With the pandemic affecting household finances, our mission to offer value to as many people as possible is more important than ever and is why we remain committed to our store opening programme.
“With new Lidl stores opening every month, we are offering more communities the opportunity to shop for our great quality products at Lidl prices.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn the UK, the retailer has plans to invest $1.63bn next year and in 2022.
Earlier this year, Lidl GB reached a new milestone with the opening of its 800th store in Great Britain.
