Lidl GB to open over 50 stores as part of $793 million investment

By Reuters News

LONDON, Oct 5 (Reuters) - Lidl GB, the UK arm of the German discounter, said on Monday it would open over 50 new stores in its current financial year as part of a £600 million ($793 million) investment, seeking a bigger slice of Britain's grocery market.

The group, which in May overtook Morrisons to become Britain's fifth largest grocer, reported a 9.9% increase in 2025/26 operating profit, on turnover up 10.8%, helped by over 40 new stores.


($1 = 0.7570 pounds)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.