Lidl GB Plans 50 New Stores After Revenue Hits £13 Billion

Lidl Great Britain Limited plans to open more than 50 new stores this year as part of a £600 million investment strategy to expand its market share in the United Kingdom. The German discounter recently became the fifth-largest grocer in the country, overtaking Morrisons in May.

For the financial year ending February 28, 2026, the company reported revenue of £13 billion, a 10.8 percent increase. Operating profits rose 9.9 percent to £345 million, up from £314 million the previous year. This growth was driven by the opening of 40 new shops, a 12 percent rise in sales of its premium Deluxe own-label range, and an influx of approximately 43 million additional customers.

Lidl attributed these results to a £315 million investment in promotions and price cuts, including the Lidl Plus loyalty app. Data from Worldpanel by Numerator shows Lidl held 8.7 percent of the market over the three months ending September 6, with sales growing 8 percent to £3.16 billion, significantly outpacing rival Aldi's 0.7 percent growth during the same period.