Overview

• Lidl has committed £500 million to open over 40 new stores across the UK in the current financial year, nearly doubling its previous year's growth rate.
• The company published a 2025 site requirements brochure, identifying hundreds of potential locations, including 200+ in London and affluent areas like Knightsbridge and Chelsea.
• Lidl plans to expand its logistics capacity with the completion of its Belvedere distribution centre expansion and the start of construction on a new Leeds facility later this year.
• The retailer, which operates over 980 stores, reported a 16.9% revenue increase to £11 billion, securing 326,000 new shoppers and a 7.8% market share.
• Lidl welcomed recent UK Government planning reforms, stating they address barriers to development and align with its ambitious growth strategy.