Lidl to open 50 new stores this year as discounter ramps up pressure on rivals
The British arm of the German discount giant has been opening new shops as it seeks to grow an even greater slice of the market. It has been using price cuts and loyalty offers to win share.
London - Discount retailer Lidl is set to expand its presence in the UK grocery market with a £600 million investment, the company announced on Monday. The chain, which is part of the Schwarz Group, plans to open over 50 new stores this fiscal year to intensify competition with rival Aldi and established British supermarkets Tesco and Sainsbury's.
According to Lidl branch data released in May, the company had risen to the fifth-largest food retailer in the UK, capturing a market share of 8.7 percent. In the fiscal year ending February 2026, Lidl GB boosted its operating profit by 9.9 percent to £345 million, while its sales grew by 10.8 percent to £13 billion.
Just the week prior, Aldi UK had announced plans to invest £900 million in the country over the upcoming year. Meanwhile, Lidl Germany's CEO, Müller, recently revealed details of the company's new campus project.
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- Discounter: Lidl plant Milliarden-Expansion in Großbritannien handelsblatt.com
