Lidl US Names Kevin Sweet as Senior Director of Real Estate
- by Laura Hillen
ARLINGTON, VA - As Lidl US launches off the success of its first stores in the American market, the company is already looking towards the foundation of its growth on the horizon. The company has tapped Kevin Sweet as its new Senior Director of Real Estate.
Sweet comes to his new Lidl appointment with a wealth of real estate-focused experience in the buy-side sector. He comes to this position from tenure served with Walmart as its Senior Director of Real Estate, and then Director of Project Design and Management, according to his LinkedIn. In these positions, Sweet stated that he helmed 153 new store projects for Walmart and closed on 120 multimillion-dollar land transactions, before then ensuring the delivery of Walmart’s new store program across 13 states.
Sweet, according to his profile, has accrued his buy-side experience in growth strategies, new-store development, takeovers, negotiations, grand openings, and land development, amongst other attributes.
For Lidl US, this hiring could be paramount in continuing its momentum in the buy-side. Lidl US first broke into our domestic market with its first wave of stores this June, followed closely by another wave this month. Sources said that this hiring is key for the discount retailer as it looks to continue expanding in this new market, giving the company experienced personnel.
As Lidl US’ competitors continue to invest and explore advancements themselves, will this hire help boost it to the next level? AndNowUKnow will report as the discount retailer keeps investing for success.