Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Lidl GB plots 50 new stores in £600m growth drive

Lidl GB plots 50 new stores in £600m growth drive

The discounter said its expanded UK portfolio will generate around 2,000 jobs nationwide

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Already have an account? Sign in

Lidl GB has announced that it will launch more than 50 new locations over the next 12 months as part of a £600m investment in its UK portfolio.

The discount supermarket chain said the roll out will create approximately 2,000 new British jobs, with openings already planned this summer in Abbots Langley near Watford, Warrington in Cheshire and Thornbury in Gloucestershire.

The company added that its expanded estate will additionally benefit its suppliers across the country, as it stocks two-thirds of its items domestically and holds long-term relationships with UK food and agriculture businesses.

To facilitate its growth, the retailer is developing a new warehouse in Leeds, set to open next year.

It is additionally upping investment in its distribution site in London’s Belvedere, submitting plans to mildly extend and join both of the warehouses on the premises.

Ryan McDonnell, CEO at Lidl GB, said: “As we grow, we want to positively impact our British communities. We’re not just opening doors, we’re unlocking regional growth. Our expansion translates directly into high-quality jobs and gives British suppliers the certainty they need to invest in the future. Above all, it advances our social purpose of making affordable, healthy food accessible to everyone.”

Minister for Employment Rights and Consumer Protection, Kate Dearden added: “This kind of investment is exactly what we want to see from big employers – creating thousands of good jobs that pay fair wages and boost the standard of living in communities across the country.

“Lidl’s expansion plans are a real vote of confidence in our plan to grow the economy, demonstrating that responsible business growth can bring significant benefits for both businesses and workers.”

Previous Post
Vinted revenues surge to €1.1bn

Vinted revenues surge to €1.1bn

Next Post
Tesco launches large-scale staff trial of new AI assistant

Tesco launches large-scale staff trial of new AI assistant