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Lidl to invest £500m to support plans for 40 new stores
- Lidl will invest £500 million in 2025 to open 40 new stores across the UK, including plans for numerous locations in London.
- The retailer targets almost 250 potential sites in affluent London areas such as Knightsbridge, Chelsea, and South Kensington to support this expansion.
- Lidl currently operates more than 980 UK stores with 14 distribution centres and plans to complete the doubling of its Belvedere regional distribution centre this year.
- Richard Taylor, Lidl GB's chief development officer, described the substantial investment as a strong indication of the company's goals and commitment.
- This expansion aims to increase store access nationally and create jobs while Lidl welcomes government proposals easing development barriers.
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Gazette & Herald
Plans for several new supermarkets in town as part of £500m expansion
Several new Lidl stores could be opening in Swindon as part of a £500m expansion investment.
·Swindon, United Kingdom
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Total News Sources100
Leaning Left9Leaning Right0Center61Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
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