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Lidl (German pronunciation: LEE-dəl) is a German international discount retailer chain [3] that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States. [4]
Name Stores Type of stores Owner headquarters Parent basic: 2 [1]: Organic supermarket: Germany: TEGUT: Billa: 1000+ [2] Supermarket: Austria: REWE Group: Billa Plus: 128 [3]: Hypermarket
The business was founded in 1930 by Josef Schwarz (1903–1977), father of Dieter Schwarz. [3] It is headquartered in Neckarsulm, Baden-Württemberg, Germany.The Schwarz Group is an international trading company with 500,000 employees and operates over 12,900 stores (in 2021) across 33 countries.
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Kaufland ([ˈkaʊ̯flant]) is a German hypermarket chain, part of the Schwarz Gruppe which also owns Lidl.The hypermarket directly translates to English as "buy-land." It opened its first store in 1984 in Neckarsulm and quickly expanded to become a major chain in what was formerly West Germany.
In 1973, Dieter Schwarz joined the "Lidl & Schwarz KG" business of his father Josef Schwarz and opened the company's first discount supermarket, inspired by Karl and Theo Albrecht. [1] After his father died in 1977, he took control of the discount chain. He became CEO and expanded the business outside of Germany. [2]
Karla Walsh is a Des Moines, Iowa-based freelance lifestyle writer with more than 16 years of editorial experience. For more CNN news and newsletters create an account at CNN.com.