Lidl targets 1,000 stores as pressure grows on big four

Lidl (2)

German discounter Lidl is eyeing rapid store expansion as it looks to ramp up the pressure further on its big-four supermarket rivals.

The discounter plans to open 230 new supermarkets in the next three years, taking its total to 1,000 by 2023, according to The Sunday Times. The retailer previously said it would open between 50 and 60 new stores this year.

This comes as fellow discounter Aldi plans to open 50 stores a year for the next two years.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.