Lidl news

02 February 2021
The GB market grew 12.2% in the 12 weeks to 24 January, according to latest results from Kantar. As restrictions once again increased, the online and convenience channels continued to benefit the most from changes in shopping habits. Increased restrictions drive up spend A combination of the festive season and the reintroduction of lockdown restrictions drove growth. With dining out no long...
29 January 2021
Lidl UK has reported £6.9bn in revenue for the 12 months to 29th February 2020. Despite recording a record number of shoppers into stores, the retailer also reported a pre-tax loss of £25.2m. This is due to the significant investment it has made in its estate. £1.3bn investment planned by 2023 The discounter has said the loss in profit was due to its ongoing investment in stores, staff and ...
28 January 2021
Winners have been announced for the 2020 Retail Industry Awards, in a virtual ceremony postponed by the pandemic. The awards celebrate success across the UK retail sector from the largest multiples to independent convenience store operators. Judging was carried out by an independent panel of judges that included representatives from IGD. Lidl named Supermarket of the Year Lidl was awar...
25 January 2021
This month, Lidl opened its first distribution centre in Latvia, in Riga. When the first stores will open later this year it will mark the 30 th market entry for the discounter globally. This means Lidl will be one country away from operating across all EU countries. Disruption ahead for Latvia and Estonia grocery retailers We expect Lidl to launch in Latvia with a network of 10 to 15 stor...
15 January 2021
In our recent Western European outlook 2021 article, we highlighted ‘Stepping up on sustainability’ as one of five trends that we expect to shape grocery retail in 2021. This is especially the case in the Nordics, where sustainability remains at the heart of retailer strategies despite the COVID-19 pandemic. In 2020, the World Economic Forum in Davos revealed the Global 100 Most Sustainable ...
15 January 2021
We take a detailed look at the new restrictions on alcohol promotions in Irish supermarkets that came into force this week. Reducing alcohol consumption by reducing promotional activity There are three new measures that will have an impact of grocery retailers; Retailers are banned from selling alcohol at a reduced price on the basis of the purchase of another product or service. This...
13 January 2021
Lidl saw its strongest Christmas performance on record, with sales growth reaching +17.9% in the four weeks to 27 December. Performance was driven by an increased basket size, which rose 24.8%. We take a look at the other factors that helped Lidl to a record breaking Christmas. Promotional incentives help to differentiate from Aldi Based on released results, Lidl is the best performing of k...
12 January 2021
December was a record-breaking month for the Irish grocery market, with sales of €1.2 bn on groceries, according to the latest results from Kantar. The market grew 17% in the 12 weeks to 27 December, with lockdown restrictions and Christmas contributing to the strong sales increase. Dunnes retained the largest market share during the period. Notable performances also came from Lidl and Tesco, ...
12 January 2021
Lidl Spain continues to grow its network, investing a further €60m to open 10 new stores during Q4 2020 as it also collaborates with a celebrity chef to launch a limited-edition range. Meanwhile, Aldi has revealed its plans to continue its expansion and claims it increased its space by 6.4% in 2019. Separately, Caprabo has launched a new online platform, which has enabled an increase in capaci...
05 January 2021
In the 12 weeks to 27 December 2020 the grocery market grew +11.4%, the fastest rate since August 2020, according to Kantar. Growth was driven by Christmas spending and changing shopping habits due to increased restrictions. Here we look at the results in more detail, including an overview of performance in the online and discount channels. Record four weeks of sales With the closure of ...