Lidl

Lidl
Company typePrivate
IndustryRetail
Founded1932; 92 years ago (1932)
FounderJosef Schwarz
Headquarters,
Germany
Number of locations
12,200 (2023)[1]
Area served
United States
Key people
Kenneth McGrath (CEO), Dieter Schwarz (Chairman)
ProductsDiscount supermarkets
Revenue125.5 billion (2023) [2]
Number of employees
376,000 (2023) [1]
ParentSchwarz Group
Websiteinfo.lidl

Lidl (German pronunciation: [ˈliːdl̩] LEE-dəl) is a German international discount retailer chain[3] that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States.[4] Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also includes hypermarket chain Kaufland.

Lidl is the chief competitor of the German discount chain Aldi in several markets.[5]

  1. ^ a b "Geschichte – Gründung, Erfolge, Expansio" (in German). lidl.de. Retrieved 19 September 2023.
  2. ^ "Successful fiscal year for the companies of Schwarz Group". gruppe.scharz. Retrieved 23 May 2024.
  3. ^ "Impressum Archived 27 July 2014 at the Wayback Machine." Lidl. Retrieved 28 September 2012. "Addresse: Lidl Stiftung & Co. KG Stiftsbergstraße 1 74167 Neckarsulm "
  4. ^ "German discounter Lidl slows U.S. expansion: paper". Reuters. 17 January 2018. Retrieved 17 January 2018.
  5. ^ Cite error: The named reference bloomberg2018 was invoked but never defined (see the help page).