Lidl to invest £500 million in London over five years

FILE PHOTO: A sign is seen outside a LIDL supermarket in Cricklewood, London January 21, 2009. REUTERS/Stephen Hird (BRITAIN) - Copyright Stephen Hird(Reuters)

By Reuters

Published on 12/06/2019 - 10:04•Updated 24/04/2024 - 04:13

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LONDON (Reuters) - Lidl GB, the British arm of the German-owned discounter, plans to invest 500 million pounds in London over the next five years, it said on Wednesday.

The supermarket group said it would open over 40 new stores, creating about 1,500 jobs. The plans include its most central London store to date, on Tottenham Court Road.