DISCOUNT supermarket Lidl is set to open 40 new stores, creating around 1,500 jobs over the next five years.
The move is part of a £500million expansion plan, and will see Lidl opening its first store in central London.
Located on Tottenham Court Road, near Warren Street tube station, the supermarket’s first store in London’s zone one will include a 1,300m² sales area.
It will stock its full range of products, including its popular middle aisle items and in-store baked goods.
Between now and 2024, this will be followed by 39 more stores, including in Alperton, East Acton, Hackbridge and Watford.
The move will add to its current estate of 88 stores within the M25 and 760 across the UK.
The expansion plan also includes Lidl’s previously announced new head office in Tolworth, south-west London, and the expansion of its Belvedere distribution centre.
Lidl’s UK chief executive Christian Hartnagel said: “It’s coming up to 25 years since we first launched in London, and in that time we’ve grown to almost 90 stores, employing more than 5,000 people.
“London is at the heart of our growth plans across Great Britain, and we are proud to be in a position where we’re continuing to create new jobs.
“Our £500 million investment reflects the scale of opportunity we have to bring our quality produce to even more of the capital’s communities, at prices that make it affordable to everyone.”
More to follow…
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