The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
1,500 jobs Number of planned job creations
Announcement Date
12 June 2019
Employment effect (start)
Foreseen end date
Description
Discount supermarket chain Lidl has announced plans to create 1,500 new jobs as part of a major new GBP 500 million (€558.55 million) investment which will see 40 new stores open across London over the coming five year period. The announcement includes plans to open stores in the centre of London, though it currently has 88 stores across the Greater London area. The move into the central areas in London is being seen as a direct challenge to the chain's more expensive rivals.
Eurofound (2019), Lidl, Business expansion in United Kingdom, factsheet number 97971, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97971.
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