Lidl
German multinational discount supermarket chain owned by the Schwarz Group / From Wikipedia, the free encyclopedia
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Lidl (German pronunciation: [ˈliːdl̩] LEE-dəl) is a German international discount retailer chain[3] that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States.[4] Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also includes hypermarket chain Kaufland.
Quick Facts Company type, Industry ...
Company type | Private |
---|---|
Industry | Retail |
Founded | 1932; 92 years ago (1932) |
Founder | Josef Schwarz |
Headquarters | , |
Number of locations | 12,200 (2023)[1] |
Area served | United States |
Key people | Kenneth McGrath (CEO), Dieter Schwarz (Chairman) |
Products | Discount supermarket |
Revenue | €114.8 billion (2022) [2] |
Number of employees | 360,000 (2023) [1] |
Parent | Schwarz Gruppe |
Website | info.lidl |
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Lidl is the chief competitor of the similar German discount chain Aldi in several markets.[5]