German supermarket retailer Lidl has started building a new distribution centre in Leeds, following the completion of an expansion project in its Belvedere warehouse in London. Both investments are expected to generate 500 new jobs.
The London refurbishment cost £285m ($384.7m) and involved the construction of a second building, thereby tripling the site’s capacity. Once the expansion is completed, the redeveloped warehouse is set to service 120 stores.
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Lidl has also confirmed that work has begun on a new £150m ($202.5m) warehouse in Leeds, which is expected to create around 400 new roles.
Chancellor Rachel Reeves praised Lidl’s decision to invest in the UK.
“This investment is a strong vote of confidence in the UK economy, and Lidl’s commitment to new warehouse facilities in London and Leeds will unlock hundreds of new jobs, strengthen supply chains, and ensure families can access affordable, quality food,” she said.
Richard Taylor, Lidl’s chief real estate officer for Great Britain, said the chain was “proud to play our role in driving economic growth”.
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By GlobalDataLidl now has more than 980 stores and 14 distribution centres across Britain. It is currently the sixth-largest supermarket chain in the country. According to data from Kantar, it is rapidly gaining ground on rival Morrisons in terms of market share.
