Lidl has announced plans to invest £500 million on Monday to open more than 40 news stores in the current financial year.
Lidl GB chiefs said the government’s recent planning reforms has helped to “remove barriers to development.”
Lidl is the UK’s fastest growing discount supermarket chain and has more than 980 stores, 14 distribution centres across the UK.
Richard Taylor, Chief Development Officer at Lidl GB, said, “This level of investment is a clear sign of our ambition. As we enter our fourth decade in Great Britain and hurtle towards a thousand stores, there are still so many parts of the country crying out for convenient access to a Lidl store.
“That’s why we welcome the measures proposed in the Government’s Planning and Infrastructure Bill – they recognise the urgent need to remove barriers to development and support the kind of growth we at Lidl are working towards.”
“Our latest site requirements brochure reinforces the scale of our ambition for the future. New Lidl stores mean new jobs, new opportunities for British suppliers, and continued investment into local economies. We’re proud to be one of the fastest-growing supermarkets in the country, and with this investment, we’re taking another big step in our journey.”
Of the 40 stores opening this year, locations include Walworth Road, Swanley and Abbots Langley.
This year will see the completion of the expansion of Lidl’s Belvedere Regional Distribution Centre, which has more than doubled in size. To support its growing estate, the discounter is also set to start construction on a brand-new distribution centre in Leeds later in the year.
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