Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range

Lidl GB’s sales soar by over 10%, helped by price cuts and Deluxe range

German-owned supermarket beats Morrisons to become fifth largest grocer in Great Britain Business live – latest updates Lidl’s sales in Great Britain jumped 10% to more than £13 bn this year, as shoppers sought out cheaper fresh meat, fruit and vegetables and snapped up its Deluxe range.

Pre-tax profit at the German-owned supermarket’s arm in Great Britain grew by 30% to £245. 5 m in the year ended in February, up from £156. 8 m in the previous year. Continue reading...

Read the full story at theguardian.com

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