Lidl Plans Further Growth After 50-Store Expansion in France
- by Maggie Mead
FRANCE - As an international grocer, Lidl has been growing its presence in the U.S. and Europe with new stores and new facilities to establish an extensive retail footprint. But France has been another target of growth, and Lidl reports that it is continuing ahead with plans to open dozens of new stores in the coming years.
The retailer opened around 50 new stores in France in 2019, according to Capital.fr., including 16 bought from French grocer Casino Group, and another 17 from Leader Price. According to the news source, Lidl plans to keep up with this rate of expansion, aiming for several dozen new store openings per year by 2022.
Lidl has been ramping up its expansion stateside—most recently focusing on the East Coast—but is also accelerating its growth in the rest of Europe as well. This year the retailer announced an ambitious plan to open 230 stores in the United Kingdom, backed by a new distribution center—its largest in the region.
What will be the next stage of Lidl’s global expansion? Keep reading AndNowUKnow for updates.