The discounter is opening new stores in key locations such as Bristol, Devon and Birmingham
Lidl GB is accelerating its national expansion with the opening of 10 new stores all set to open before Christmas.
According to the discounter, the new stores will create around 400 jobs and extends its reach to thousands more households.
The expansion includes key locations such as Berwick Green in Bristol, Bovey Tracey in Devon and Stirchley in Birmingham.
Lidl is also opening three new stores in London, which includes Hoxton, Forest Gate and Caterham, further cementing the discounter’s strong foothold in the capital.
Meanwhile, a further three existing stores in Chessington, Connah’s Quay and Dagenham Heathway will reopen after undergoing upgrades and extensions.
The discounter recently opened a new store in the seaside town of Worthing at the end of the summer, followed by the opening of its new Fulham store in September.
It comes as Lidl undergoes a sale and leaseback deal worth £70mn with a joint venture between Roadside Real Estate Plc and Meadow Partners, which includes 12 new stores.
The deal includes 12 new stores in locations such as Crediton, Manchester, and Saffron Walden.
Lidl’s has previously been named the UK’s fastest growing retailer 14 times in a row, as the discounter now plans to open hundreds of new stores across the country.
Chief development officer at Lidl GB, Richard Taylor: “Our plan to open 10 new stores before Christmas demonstrates our continued commitment to providing more communities across the country with access to affordable, quality food, as well as employment opportunities.
“But we still have big ambitions for our expansion plans to open hundreds more Lidl stores in the future.”
He added: “Our teams are constantly scouring the country for new sites, identifying opportunities not just in towns where we don’t currently have stores, but also in areas where existing stores are experiencing increasing demand.
“Our sale and leaseback deal is just the latest example of how we’re continuing to expand our footprint across the country, ensuring that even more households can benefit from a Lidl store nearby.”
