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Lidl

discount supermarket chain based in Germany

Lidl Stiftung & Co. KG is a German food retail company. It is an international enterprise with independent national companies almost everywhere in Europe. The company owns more than 6,000 stores. 3,000 of these stores are in Germany alone, making Germany Lidl's biggest national market.

Lidl Stiftung & Co. KG
Lidl
Privately held company
IndustryRetailing
Founded1930; 89 years ago (1930)
FounderDieter Schwarz
Headquarters,
Germany
Area served
Global
Key people
Klaus Gehrig, Chairman
ProductsDiscount store, hypermarket/supercenter/superstore
RevenueIncrease 59 billion (2010)[1]
ParentSchwarz Gruppe
Websitelidl-info.com
Lidl in Tomaszów Mazowiecki, Poland

HistoryEdit

The Lidl & Schwarz Grocery Wholesale company was founded in Germany in the 1930s.

The first Lidl stores were opened in 1973, during the 1990s Lidl started to open stores outside Germany and today Lidl stores can be found in nearly every country in Europe. Lidl started its foreign expansion with entering France in 1988. The first store in the United Kingdom was opened in 1994, and now there are more than 380 stores in the UK.

Lidl supermarkets and Kaufland hypermarkets are part of the Schwarz Group which is one of the largest grocery retailers in Europe. It is based in Neckarsulm, Germany.

SourcesEdit

  1. "Lidl set to power trade". Telegraph. 21 August 2010. Retrieved 19 August 2013.