Lidl Parent Schwarz Gruppe Eyes €100 Billion In Sales In 2018
Germany's Schwarz Gruppe, the owner of discount retailers Lidl and Kaufland, is aiming to reach over €100 billion in sales this year.
The discount operator added that it plans to keep on investing, in order to maintain the growth trajectory it has seen in recent years.
Lidl and rival discount supermarket chain Aldi have been ploughing ahead with investment in other countries, especially in Britain, where they have been taking market share from the traditional players there.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!