Lidl GB posts strong financials for FY 2023
Despite challenges, the chain saw significant revenue growth, expanded its market reach and stayed focused on affordable products.
19 September 2023
19 September 2023
Despite challenges, the chain saw significant revenue growth, expanded its market reach and stayed focused on affordable products.
The British Independent Retailers Association (BIRA) is fully supporting the upcoming Safer Business Action Week from 16 to 22 October.
The material science apparel retailer has partnered with restaurant chain wagamama on its new slow fashion uniform.
Opened on 14 September, the store features a 9,000ft² Garden Centre with diverse plant varieties and gardening essentials.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Per GlobalData, the global duty-free market retailing market was valued at $49 billion in 2022, its highest level ever as it bounced back from the pandemic impact, and is expected to grow at a CAGR of more than 28% during the period 2020-2026, driven by government initiatives, rising passenger numbers, major global events (for instance global sporting tournaments) and the renewed popularity of cruise trips. Infrastructure investments will also play an important role, particularly airport expansion and space refurbishment, and investments in arrivals duty-free formats.
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