Lidl Steps up UK Expansion, Targets Over 50 New Stores
Published by Global Banking & Finance Review®
Posted on April 9, 2026
2 min readLast updated: April 9, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 9, 2026
2 min readLast updated: April 9, 2026
Add as preferred source on GoogleLidl GB will invest £600 million over the next year to open more than 50 new UK stores, creating nearly 2,000 jobs, as it seeks to cement its status as Britain’s fastest‑growing bricks‑and‑mortar grocer and challenge Morrisons in the rankings.
LONDON, April 9 (Reuters) - Lidl GB, the UK arm of the German discount supermarket group, plans to open more than 50 new stores across the UK in the next year as part of a 600 million pound ($803 million) investment, it said on Thursday.
The discounter said the store openings would create almost 2,000 new jobs.
Lidl GB, which is owned by Germany's Schwarz Group, currently trades from over 1,000 UK stores.
Lidl GB is currently Britain's fastest-growing bricks-and-mortar grocer. It is Britain's sixth-largest grocer but is poised to overtake Morrisons to become number five.
Industry data, published March 31, showed Lidl GB's sales rose 9.6% over the 12 weeks to March 22 year-on-year, giving it a market share of 8.3%.
Lidl GB and German rival Aldi have expanded rapidly over the past two decades, transforming Britain's supermarket scene and forcing market leader Tesco and number-two Sainsbury's to compete more aggressively on price.
($1 = 0.7470 pounds)
(Reporting by James Davey
Editing by Tomasz Janowski)
Lidl plans to open more than 50 new stores across the UK in the next year.
Lidl is investing £600 million (about $803 million) in its UK expansion.
The store openings are expected to create almost 2,000 new jobs.
Lidl is Britain's sixth-largest grocer and is set to overtake Morrisons to become number five.
Industry data showed Lidl GB's sales rose 9.6% over the 12 weeks to March 22 year-on-year.
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