All Lidl articles – Page 5
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Retail Navigator AnalysisLidl (Strategy)
Having gained a significant market share in the UK, Lidl’s strategy recognises the importance of this market, with the retailer committed to opening between 50 and 60 stores each year as part of a wider ambition to operate 1,500 UK stores in an unspecified timeframe. Although it had been aiming to operate more than 1,000 stores in the UK by 2023, the number had reached around 960 as of early 2024 with the retailer now targeting 1,100 stores by 2025.
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Retail Navigator AnalysisLidl (Financials)
For the year to 28 February 2023 (2022 financial year), Lidl revenue jumped 18.8% as it opened 50 new stores and enjoyed switching gains from squeezed consumers.
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AnalysisAnalysis: Who is set to win retail’s latest price war?
Retailers ranging from Asda and Sainsbury’s to John Lewis and Asos have all cut back prices this year in a bid to lure cash-conscious shoppers. Which retailers will fare well and which will flounder in retail’s new price war?
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DataData: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.
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NewsLidl boss: The costs of going online just don’t add up
Lidl GB boss Christian Härtnagel has ruled out wading into the burgeoning online grocery market as he believes the pandemic has artificially inflated demand and the costs are too high.
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NewsLidl store investment leads to £13.6m loss
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.
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AnalysisAnalysis: Is Lidl starting to close the gap on Aldi in the discounter battle?
Over the last 12 months, momentum has shifted away from Aldi towards Lidl in the battle of the discounters. Retail Week looks at what Lidl has done to close the gap on its rival.
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NewsLidl reports record Christmas sales growth as basket sizes rise
Value grocer Lidl has reported record Christmas trading and said its seasonal performance was the best in food retail.
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NewsLeading retailers pledge to take action on diversity and inclusion in 2021
Following a year where business’ D&I agendas have come under scrutiny, 16 brands including M&S, New Look and Sainsbury’s Argos have partnered with Retail Week’s Be Inspired programme to promote diversity and empower their teams.
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NewsGrocers record highest sales on record in November
Supermarkets reported the biggest month of sales on record in November as shoppers stole a march on Christmas shopping.
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NewsLidl joins retailers returning business rates relief with £100m payback
Discounter Lidl has become the latest retailer to agree to waive the business rates relief it received at the start of the pandemic by repaying £100m to the government.
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AnalysisAnalysis: Tesco’s rate repayment likely to trigger domino effect
Tesco’s decision to repay its business rates relief in full will almost certainly lead to a chain reaction of others following suit. But while other dominoes look set to fall, many in the industry are questioning Tesco’s true motives.
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NewsSupermarkets take a stand against racism following Sainsbury’s ad backlash
UK supermarket chains have joined forces to broadcast a number of adverts on Channel 4 as part of an anti-racism message.
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VideoWatch: Lidl pokes fun at other sentimental Christmas ads
Lidl’s Christmas campaign this year parodies its competitors in favour of “great Lidl products at great Lidl prices”.
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NewsGrocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
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NewsTesco to pay Christmas bonus as Lidl ups hourly wages
Grocery giants Tesco and Lidl have handed their staff pay fillips ahead of the crucial Christmas trading period.
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NewsGrocery sales rise as consumers shift spend to at-home options
Food retail sales have climbed as shoppers eat and drink more at home rather than going out as the effects of the Covid pandemic continue to play out.
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AnalysisAnalysis: The discounters do digital
The discounters have lost share during the pandemic as more and more grocery shoppers switched to online. But digital moves are afoot at Aldi, Lidl and Poundland. Retail Week reports.
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OpinionAndy Clarke: ‘Consumers haven’t felt the real pain yet, but they will’
It’s the cliché of 2020 to read that we are in unprecedented times, or this, that and the other have been changed forever by the Covid crisis.
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NewsEat Out to Help Out scheme wipes £155m off supermarket sales
Shoppers spent £155m less in supermarkets last month as they returned to restaurants, pubs and cafes during the Eat Out to Help Out scheme.