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Lidl Expanding While Other Supermarkets Downsize

Discount supermarket chain Lidl has revealed plans to open 40 new stores across London and the South-East.

The German supermarket chain which currently operates over 10,000 stores in 28 different European countries, as well as the United States, has stated that they plan to invest £500m over the next five years which includes a new head office in South West London.

The expansion will create 1,500 new jobs, bucking the recent trend in retail that has seen big stores close in the past few years.

Lidl have disclosed some of the new shop openings which include East Action, Alperton, Hackbridge and Watford with Central London also making the list.

The supermarket chain opened its first store in the UK in 1994 and now has over 22,500 employees across 760 stores.

Statistics show that Lidl now has a market share of 5.8% in UK grocery spending, which is an increase of 0.4% from the previous year.

Lidl also got the green light to join Orbital Shopping Park in Swindon with contracts exchanged with British Land.

Lidl UK’s regional head of property Glen Stidever said: “We could not be more delighted to have received planning permission and look forward to commencing work on our new store very soon.

“I’d like to take this opportunity to thank the local community for their continued support, and very much look forward to opening our doors and offering our fresh, quality, great value products in the not too distant future.”

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