Lidl doubles down on opening new stores in South Warwickshire

By James Smith

5th May 2024 | Local News

Lidl is still asking for help to find a store location near Warwick and Leamington (Image via Lidl)
Lidl is still asking for help to find a store location near Warwick and Leamington (Image via Lidl)

Supermarket giant Lidl has once again asked locals to help find potential locations for new stores around South Warwickshire.

The discount retailer is eyeing hundreds of new sites nationwide, and has released a 'wish list' of possible new locations.

In Warwickshire alone it has identified eight possible sites, including Kenilworth and Leamington 'north' and 'south'.

The south Leamington site is described as a potential 'relocation' for its existing home on Myton Road.

The chain has also identified five areas in Coventry it wants to open a new store.

Richard Taylor, Lidl GB chief development officer, commented: "Having fortified our infrastructure with significant investments like Luton, which is the largest warehouse in the Lidl world, we're proud to have achieved record market share this month.

"We have also been the fastest growing bricks and mortar supermarket for the past seven months in a row.

"With an exceptional store network and our laser focus on operational excellence, we're welcoming more customers through our doors than ever before, which positions us perfectly for continued expansion.

"As we celebrate our 30th year, our commitment to ensuring that all households across the country have access to high quality produce at affordable prices is stronger than ever. We're planning to open hundreds of new Lidl stores but ultimately see no ceiling on our ambition or growth potential.

"This is why we're continuing to invest in new locations whilst exploring innovative routes to expansion.

"As we look ahead, we're excited to welcome even more new shoppers to our existing stores, as well as those we're planning to open across the country in the coming months and years."

Should a site be successfully identified, the discounter will pay a finders' fee of either 1.5 per cent of the total freehold purchase price, or 10 per cent of the first year's rent for leaseholds, which would equate to £22,500 for a completed £1.5 million site purchase.

Nub News recently reported that plans to build a new Lidl store in Balsall Common may be decided later this year having been delayed extensively.

Find out more here.

     

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