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Germany: Lidl's sales rise with 8 billion euros to 140 billion euros
Discount Retail Chain Lidl, the prominent discount retail chain, alongside its sister company Kaufland, drove their parent company, the German retail powerhouse Schwarz Group, to a total revenue of €185.6 billion for the 2025 financial year. This marks a solid 5.8% year-on-year growth compared to the €175.4 billion recorded in 2024. Despite navigating ongoing geopolitical and economic crises, the group successfully expanded its global footprint by opening 300 new brick-and-mo
6 days ago2 min read


Netherlands: Dutch Central Bank (DNB) goes to Lidl for cloud services
Discount Retail Chain Lidl's sister company Schwarz Digits signs a major contract as a supplier of IT services to the Dutch Central Bank (DNB). This was announced by sales director Bernd Wagner on Monday during a major industrial fair in Hanover. Schwarz Gruppe presents itself as the reliable European alternative to American hyperscalers such as Amazon, Microsoft and Google, now that relations with the United States have soured. Schwarz did not disclose more details. DNB was
Apr 212 min read


Germany: The Schwarz Group companies record positive development in FY 2024 and increase its investments
Discount Retail Chain Lidl`s mother company the Schwarz Group are tackling global challenges. From production and trading to recycling...
May 26, 20253 min read


Germany: Schwarz Group invests 200 million euros in e-commerce development
Discount Retail Chain Lidl's owner Schwarz Group has announced plans to invest 200 million euros in its online business Schwarz Digits....
Apr 11, 20241 min read
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