Poland: How is Lidl progressing?
Updated: Jul 12
Discount Retail Chain Lidl Poland (owned by Scharz Group) currently has 723 branches. Its store no. 700 opened on October 24, 2019, which means that in eight months the chain opened 23 stores.
The last store opened on June 4 2020 in Płock. Lidl launched its third store there.
The largest Discount Retail competitors of Lidl, i.e. Aldi (142 stores), Netto (386 stores) and Biedronka (about 3010 stores) have a total of about 3540 stores.
Lidl employs approx. 20 thousand in Poland. The company does not reveal its expansion plans. We only know the data from last year. At the end of February 2019, Lidl had 673 stores in Poland, and its market share was 7.2%. Over the past 2 financial years, the company has opened 64 new stores. Sales of food products from Polish producers constitute over 70% of the company's turnover. Thanks to this cooperation, in the financial year 2019, the value of Lidl Private Label brand products exported abroad within the Lidl chain by 241 Polish suppliers to 25 European countries amounted to $0.8 billion. For several years, Lidl has been opening approximately 30-40 of its stores in Poland annually.
According to the financial statements, Lidl Polska's total revenues from March 2018 to the end of February 2019 amounted to $4.6 billion, which compared to $4.1 billion a year earlier means an increase of 14.2%.
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