Lidl Increases Sales By 7.8% In Spanish Market, Following €1bn Investment
Published on Apr 4 2018 9:59 AM in Retail tagged: Trending Posts / Lidl / Spain / Investment / Paywall
Lidl Spain increased its sales by 7.8% last year to €3.59 billion, following a major investment programme undertaken by the discounter over the past three years.
Lidl has invested close to €1 billion in expanding its operations in the Mediterranean country since 2015, with €330 million of this spent last year. This represents more than 9% of the company's turnover, according to Europa Press.
Lidl opened 25 new stores last year to give it a total of 550 outlets in the Spanish market.
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