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    Lidl
    Retail

    Lidl

    Germany flagGermany

    "Discount supermarket chain known for simplicity and low prices"

    Founded 1973 Neckarsulm, Germany CEO: Kenneth McGrath
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    About

    Lidl started small. In 1973, Dieter Schwarz opened the first Lidl discount store in Ludwigshafen, Germany, with just three employees and about 500 products. The concept was radical: strip away everything unnecessary, offer a tight range of private-label goods, and price them as low as possible. Today, that single store has multiplied into more than 12,900 locations across 32 countries, making Lidl one of the world's largest grocery retailers.

    The company's DNA is simplicity. Lidl stores stock roughly 1,800 items, compared to a traditional supermarket's 30,000. Around 90 percent of those are private-label brands, giving Lidl direct control over quality and pricing. Weekly non-food special buys, everything from power tools to hiking gear, draw customers in and create a treasure-hunt atmosphere. The model works: in fiscal year 2024, Lidl generated sales of €132.1 billion, up from €125.5 billion the year before.

    Lidl's global expansion has been aggressive. It entered the United States in 2017 and now operates along the East Coast, primarily in Virginia, North Carolina, and South Carolina. In Europe, its largest markets are Germany, France, the United Kingdom, and Italy. The chain has also built its own shipping company, Tailwind Shipping Lines, which ordered five new container ships in 2025 to move goods from Asia to Europe. Lidl's brand is built on trust through transparency, a no-frills experience that lets the prices speak for themselves.

    Products & Sub-brands

    Private-label groceriesFresh bakeryWeekly special buys (non-food)Lidl-brand household goods

    Frequently Asked Questions

    Who owns Lidl?
    Lidl is owned by the Schwarz Group, a private German retail conglomerate controlled by the Schwarz family. Dieter Schwarz is the effective owner and chairman.
    Who is the CEO of Lidl?
    Kenneth McGrath serves as CEO of Lidl. The parent company Schwarz Group is led by CEO Gerd Chrzanowski.
    How much is Lidl worth?
    As a private company, Lidl does not have a public valuation. However, it generated €132.1 billion in sales in fiscal year 2024, making it one of the world's largest retailers.
    Is Lidl better than Aldi?
    Both are German discount supermarkets with low prices. Lidl often wins on product quality and variety in its weekly special buys, while Aldi is seen as slightly cheaper and more streamlined. Preference varies by shopper.
    Is Lidl still in business?
    Yes, Lidl is growing rapidly. It operates over 12,900 stores in 32 countries and continues to expand, including in the US market.

    Keywords

    discount supermarketGerman retailerprivate labelSchwarz Groupgrocery chain

    Sources

    Company Info

    Founded
    1973
    Founder
    Dieter Schwarz
    CEO
    Kenneth McGrath
    Headquarters
    Neckarsulm, Germany
    Industry
    Retail
    Parent Company
    Schwarz Group
    Revenue
    132100000000
    Employees
    400000
    Number of Stores
    12,900+
    Countries
    32

    Official Website

    www.lidl.com

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