Lidl store investment leads to £13.6m loss

Lidl (2)

Lidl reported sales of more than £6.9bn in the UK last year, but pre-Covid investment in new stores, logistics and supply chain drove it into the red. 

The discounter suffered a loss of £13.6m after tax in the 52 weeks to February 29, 2020, after spending £654m on acquiring new stores and other fixed assets, including a new distribution centre in Scotland. 

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