Europe’s largest grocer by revenue has been scoping out multiple potential locations in the Pittsburgh area to build its first U.S. stores, according to local sources.
Privately-held Schwarz Group’s LIDL discount supermarkets chain from Neckarsulm, Germany, surpassed ALDI, Walmart, Costco, Tesco, and other rivals in 2013 to be ranked first with over 11,000 stores throughout Europe worth $92 billion. In just one year, it added 3,000 stores, according to Planet Retail, which tracks the retail industry.
Managing Director of Lidl Ireland, Kenneth McGrath, and Kevin Proctor of Lidl’s executive board are just concluding a feasibility study on deciding on the best approach for market entry into the U.S.
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