Lidl Hits Store Hat Trick In London

Namnews, 25th February 2021

Lidl has opened three new supermarkets in Richmond, Putney and Tooting today as part of its £500m expansion programme for London.

The new store in Richmond, located on Richmond Road, has a primary school situated above it that was built as part of the development. It will welcome over 230 pupils in April and includes 16 classrooms, outdoor learning space and an on-site, multiuse games area.

Elsewhere in London, the new store located on Upper Tooting Road replaces an existing outlet on the same street. Meanwhile, the other store on Putney High Street is one of Lidl’s smallest at 6,000 sq. ft.

Lidl GB’s Regional Head of Property, Henry Neel, commented: “It is fantastic that despite the challenging circumstances we have been able to continue our investment in South London and enable even more of the local community access to our high quality and affordable produce.”

He added: “These exciting new store openings demonstrate we’re embracing the wide range of locations that London has to offer to deliver our fresh, quality and great value produce to even more local communities.”

The new stores form part of Lidl’s commitment to expansion in London, announced last year, as it looks to invest £500m in new stores across the capital over the next five years.

NAM Implications:

• Could also be said that Lockdown induced distressed retail outlets…
• …will provide even more Lidl outlet opportunities as the year progresses.
• We have not even reached the end of the beginning, yet!