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.

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