Lidl UK makes a loss

Date : 01 February 2021

Lucy Ingram

Retail Analyst

Lidl UK has reported £6.9bn in revenue for the 12 months to 29th February 2020. Despite recording a record number of shoppers into stores, the retailer also reported a pre-tax loss of £25.2m. This is due to the significant investment it has made in its estate. £1.3bn investment planned by 2023…
Register for free to continue reading...
IGD provides the latest news, research and insight to help businesses in the food and consumer goods industry succeed.
With a free account you can access:
  • In-depth articles on the latest developments in the industry
  • Free guides and whitepapers from our functional experts
  • Access to a range of topic-specific newsletters