LIDL has revealed its £500 million expansion program in the capital, as well as its plan to open first ever central London Store on Tottenham Court Road. LIDL will invest an eye-watering £500 million across the next five years to open over 40 new stores in locations including; Alperton, East Acton, Hackbridge and Watford, which will create a total of 1500 new jobs in capital.
The plan includes the opening of a new warehouse in Luton and the expansion of its Belvedere Distribution Centre. Additionally the company will also invest in it’s new head office, located in Tolworth (South West London) where construction has already begun.
“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 5000 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.” – Christian Härtnagel – Chief Executive
