Overview

• Lidl has announced a £500 million investment to open over 40 new stores across the UK within the current financial year.
• The retailer released a site requirements brochure listing hundreds of potential locations, including high streets, retail parks, and mixed-use town centres.
• Lidl's expansion includes completing the doubling of its Belvedere distribution centre and beginning construction of a new facility in Leeds later this year.
• Recent Kantar data highlights Lidl as the UK's fastest-growing supermarket, with a 9.1% sales increase and a 7.8% grocery market share.
• The company praised recent government planning reforms for removing development barriers, emphasizing job creation and local economic benefits from new store openings.