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Lidl news

09 March 2021
2021’s official Fairtrade Fortnight ran from 22 February to 7 March. We look at how three retailers supported the event. Co-op UK: promotions and awareness The Co-operative has supported Fairtrade for over 25 years and 2021 was no exception. The Co-op used Twitter to highlight the key benefits of buying Fairtrade products. The retailer educated its shoppers, highlighting that purchasing Fai...
02 March 2021
The GB market grew 12.5% in the 12 weeks to 21 February, according to the latest results from Kantar. This period included Christmas and the reintroduction of lockdown restrictions, which drove growth. Strong growth is now expected to slow Sales accelerated further in the last four weeks to +15.1%. This was the fastest rate of growth since June 2020. Market growth is however now expected to...
09 February 2021
The Irish market grew 16.4% in the 12 weeks to 24 January, according to the latest results from Kantar. Irish shoppers spent an extra €142.8m combined on take-home groceries compared to last year. Growth was driven by the festive season and the reintroduction of lockdown restrictions. A January like no other Growth has accelerated further in the last four weeks, with sales +16.8%. The retur...
05 February 2021
Throughout 2020 we saw a shift in performance between the UK discounters, with Lidl growing much faster than Aldi. Traditionally Aldi has always been considered the more dominant discounter in the UK. It entered the market in 1990, four years ahead of Lidl, and since then has dominated the headlines about strong discounter growth. Over the years Aldi opened more stores and performed ahead of Lidl...
04 February 2021
The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...
02 February 2021
The GB market grew 12.2% in the 12 weeks to 24 January, according to latest results from Kantar. As restrictions once again increased, the online and convenience channels continued to benefit the most from changes in shopping habits. Increased restrictions drive up spend A combination of the festive season and the reintroduction of lockdown restrictions drove growth. With dining out no long...
29 January 2021
Lidl UK has reported £6.9bn in revenue for the 12 months to 29th February 2020. Despite recording a record number of shoppers into stores, the retailer also reported a pre-tax loss of £25.2m. This is due to the significant investment it has made in its estate. £1.3bn investment planned by 2023 The discounter has said the loss in profit was due to its ongoing investment in stores, staff and ...
28 January 2021
Winners have been announced for the 2020 Retail Industry Awards, in a virtual ceremony postponed by the pandemic. The awards celebrate success across the UK retail sector from the largest multiples to independent convenience store operators. Judging was carried out by an independent panel of judges that included representatives from IGD. Lidl named Supermarket of the Year Lidl was awar...
25 January 2021
This month, Lidl opened its first distribution centre in Latvia, in Riga. When the first stores will open later this year it will mark the 30 th market entry for the discounter globally. This means Lidl will be one country away from operating across all EU countries. Disruption ahead for Latvia and Estonia grocery retailers We expect Lidl to launch in Latvia with a network of 10 to 15 stor...
15 January 2021
In our recent Western European outlook 2021 article, we highlighted ‘Stepping up on sustainability’ as one of five trends that we expect to shape grocery retail in 2021. This is especially the case in the Nordics, where sustainability remains at the heart of retailer strategies despite the COVID-19 pandemic. In 2020, the World Economic Forum in Davos revealed the Global 100 Most Sustainable ...