Lidl forges ahead with growth plans

1 February 2016 - Janet Bird

Lidl forges ahead with growth plans

Lidl is wasting no time in making good on its pledge to double its number of UK stores, filing 48 planning applications to build new stores in the last three months of 2015 alone.

At a time when many supermarkets are downsizing, Lidl's voracious appetite for expansion shows no sign of being sated.

The discounter has already announced its intention to extend its presence in the UK to 1,500 stores - over twice its present estate. In November last year, Lidl said it would invest £1.5 billion in expansion over the next three years, with 280 stores planned for London alone.

It has wasted no time in making good on its investment promise - the construction costs alone of the proposed new stores for which permission is currently being sought will amount to around £150 million.

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