In London alone, the place Lidl was final yr named the third largest grocery store, it’s opening three new shops. These embody Hoxton, Forest Gate and Caterham, additional cementing the discounter’s sturdy foothold within the capital.
The replace comes after the discounter opened a brand new retailer within the seaside city of Worthing on the finish of the summer season, adopted by the opening of its new Fulham retailer in September.
Along with the brand new shops, Lidl will reopen three current shops which have both been relocated or refurbished and prolonged, together with Chessington, Connah’s Quay and Dagenham Heathway, making certain that extra communities profit from a much bigger and higher procuring expertise.
The information comes as Lidl exchanges on a sale and leaseback take care of a three way partnership between Roadside Actual Property Plc and Meadow Companions value £70m. The deal consists of 12 new shops in areas equivalent to Crediton, Manchester, and Saffron Walden. This settlement displays Lidl’s continued dedication to increasing its footprint, whereas additionally exploring revolutionary and versatile approaches to development.
Richard Taylor, chief growth officer at Lidl GB, stated: “Our plan to open 10 new shops earlier than Christmas demonstrates our continued dedication to offering extra communities throughout the nation with entry to inexpensive, high quality meals, in addition to employment alternatives. However we nonetheless have massive ambitions for our enlargement plans to open tons of extra Lidl shops sooner or later. Our groups are continually scouring the nation for brand new websites, figuring out alternatives not simply in cities the place we don’t at present have shops, but additionally in areas the place current shops are experiencing growing demand. Our sale and leaseback deal is simply the newest instance of how we’re persevering with to develop our footprint throughout the nation, making certain that much more households can profit from a Lidl retailer close by.”
Lidl’s development is underpinned by its sturdy efficiency after being named the UK’s fastest-growing bricks-and-mortar grocery store 14 occasions in a row, with immediately’s announcement constructing on plans to open tons of of recent shops throughout the nation.
