Last year, Lidl,
the UK supermarket company, opened new stores and made considerable sales.
Nonetheless, it found itself losing an amount worth £25m.
The firm has 800 outlets operating in England, Wales and
Scotland. It advances that this loss is a result of additional investments.
Indeed, the company disbursed £654m in 51 stores, the extension of 13 more
sites and the opening of a new distribution centre in Motherwell,
Scotland.
However, despite that, Lidl will keep making more
investments. According to its plans, it will spend £1.3bn this year and the
next on the opening of 50 more outlets. Additionally, it is going to shift to a
new British headquarters in Tolworth, south-west London, and build another
warehouse in Luton. Banking on innovation, it will install 300 electric car charging points in its car
parks by 2022. There is also the project of installing solar panels on new
freehold stores.
Nonetheless, unlike a lot of other supermarkets, Lidl
is not going to invest in home delivery, despite the growth in demand for
online grocery ordering during the lockdown. This is because, as advanced by Christian
Härtnagel, the firm’s the chief executive, he thinks that families will not continue
to buy as much online once fear of the virus has subsided.
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