Lidl news

In our recent Lidl report we have highlighted five strategic initiatives of the discounter: 1. Health and Well-being as drivers of product innovation 2. Brands where needed 3. Pan-European sourcing and vertical integration 4. Creative marketing and communication via social media 5. Large formats, city formats and metropolis, multi-channel the last of which could have a significan...

The latest monthly data from Kantar Worldpanel, covering the 12 weeks to 17 July, shows that despite sector deflation remaining at -1.4%, the GB grocery retail market grew fractionally in the period, up 0.1%.  This suggests that even if the EU referendum may have triggered some changes in spending behaviour, smoothed out over the full 12 week period, the impact was not detectable. ...

Lidl chief operating officer Chris Walker will join Asda later this year. Reporting into Roger Burnley Walker has spent 13 years with Lidl; the last nine of which have been as regional director (7 years), followed by his most recent appointment to chief operating officer in June of 2014. Walker has operated alongside Martin Bailie as joint chief operating officers since October 2015. ...

In this update, we look at what happened at retailers across the region in the second quarter of 2016, including market entries & investment plans, new store concepts, online & digital, new technology, efficiency drives and legislation affecting retail. MARKET ENTRIES & INVESTMENT PLANS Lidl • Lithuania – The retailer has entered its 27th market, with 15 stores across nine towns and ci...

Lidl Spain's finance director, Ferran Figueras, has revealed that the discounter will invest  €350m into its Spanish operations this year as the it looks to grow its turnover and market share. Lidl aims for 5-8% increase in turnover In a recent presentation on performance and outlook, Ferran Figueras revealed Lidl's target to increase its 2015 turnover of €3,048m by 5-8% in 2016 (yea...

Lidl has revealed an ambition to grow its store count in Copenhagen from 20 to 60-90 stores within the next few years, while REMA 1000 is prioritising Denmark’s four largest cities for expansion. Lidl: ‘the potential is huge’ Commenting on Lidl’s growth ambitions, Mads T. Nielsen, development and property director of Lidl Denmark said, ‘We have big ambitions in the metropolitan area,...

As Britain continues to digest the fallout from the EU referendum, new figures from Kantar Worldpanel show the grocery market shrinking in size for the first time since January. Sales growth fell to -0.2% from +0.1% last month as volume growth decreased. Deflation was marginally softer at -1.4%, from -1.5% last month. 12 weeks to 21 June 2015 (% share) 12 weeks to 19 Ju...

We report on Lidl's large investment into its Scottish estate and its new commitment to support British farmers. Scotland: £50m investment in store of the future concept Lidl has announced an investment of £50m in Scotland which will enable the discount retailer to improve ten of its existing 91 stores. As well as these improvements, Lidl is creating eight new 'store of the future' conc...

We look at Lidl's latest developments in the Netherlands, Denmark, Spain and new market, Lithuania. Lithuania: entering the market with 15 stores Lidl has entered its 27th market. The discounter launched its new venture in to Lithuania with 15 stores across nine towns and cities, including five in the capital city of Vilnius. Supporting these and future stores is a  €40m logistics centr...

As we launch our new UK grocery channels five year forecast, IGD Senior Retail Analyst Nick Gladding outlines the new numbers and highlights the opportunities they present. An unforgiving market In recent years growth in the UK market has been hard fought, as lower prices have generally enabled shoppers to spend less on groceries. While we can attribute part of this to the rise in pop...