Discount Retail Chain Lidl's owner, the German Schwarz Group, have successfully completed the 2022 financial year and, with over 575,000...

The Schwarz Group (owner of discounter LIDL, supermarket chain Kaufland, Schwarz (Food) Production and recycler Pre-Zero) strives to...

Discount Retail Chain Lidl (owned by the German Schwarz Group) and Kaufland, recorded revenues of EUR 125.3 billion (US$ 138Bn) in the financial year 2020/21, which is a 10% increase compared to the previous year (EUR 114.3 billion, US$ 126Bn). The group said Lidl achieved a 9.9% increase in sales to EUR 96.3 billion (US$ 106Bn), while Kaufland grew by 7.5% to EUR 25.5 billion (US$ 28Bn). Both signs have approximately 12,900 stores. On the other hand, the company PreZero deal