He may be the new kid on the block, but Lidl UK’s boss Christian Härtnagel is proving he’s ready to mix it with his more experienced rivals.
The 34-year-old has quietly gone about his business in the nine months since succeeding Ronny Gottschlich as the discounter’s boss, but broke his silence with a bombshell.
Härtnagel unveiled his aim to open “at least one shop a week”, compared to the 30 stores it launched last year.
Big four: beware.
Elsewhere today, Evans Cycles new boss Andy King gave us his first interview since taking charge, Clarks has made changes at the top of its overseas operations and we look ahead to , which kicks off at 6pm. Prime Day
Quote of the day
“Make no mistake, Prime Day isn’t really about the discounts. This is a brazen effort to tempt new shoppers into Amazon’s sticky ecosystem.”
Natalie Berg, global research director at Planet Retail, has her say on the real reason Amazon hosts its Prime Day event
Today in numbers
The slump in EBITDA suffered by Evans Cycles in the year to October 31.
The number of stores shuttered by the administrators of Topshop’s Australian franchise as they bid to rescue the business.
All eyes will be on Marks & Spencer’s first quarter results as the City seeks signs of recovery under its new boss Steve Rowe.
Luke Tugby, head of content