Lidl is set to invest €120m in its Spanish stores and infrastructure this year.
Reaffirming its commitment to Spanish market
The planned investment is more than 20% higher than Lidl invested in Spain in 2012. Work will commence this year on a new distribution centre in Murcia and the extension of an existing centre in Barcelona. The investment will also go towards opening new stores and refitting existing stores. Michael Aranda, CEO of Lidl Spain, said this is to ensure stores "fit the new image of the company and make them more energy efficient".
Maintaining strong local supply base
As in other European markets, Lidl Spain is supporting a significant number of local producers, with more than 350 Spanish suppliers currently listing products at the discounter. The revenue generated by these suppliers was 20% higher than in 2011, according to local press reports. Lidl Spain is looking to reinforce these relationships in 2013, as it seeks to build on its current performance to drive continued market share gains.
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