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Lidl, the German discount supermarket chain, has announced plans to invest €600 million ($657 million) in its Spanish operations over the next three years, while simultaneously targeting a 300-store milestone in Portugal.
In Spain, the retailer intends to bolster its logistics infrastructure and retail footprint between 2025 and 2027. This follows the recent opening of a major distribution centre in Martorell, representing an investment of €140 million ($153 million). The company currently operates more than 670 stores in the Spanish market and works with over 900 local suppliers.
In neighbouring Portugal, Lidl aims to expand its reach to 300 points of sale. This growth strategy follows previous infrastructure enhancements in the region, such as the 2022 opening of its multi-million euro logistics hub in Santo Tirso.
According to the company, these investments are designed to strengthen its “commitment to local producers” and improve its price-competitiveness. A spokesperson for the retailer stated that the capital expenditure reflects a “solid long-term strategy” to consolidate its leadership in the Iberian Peninsula by enhancing efficiency through modernised supply chains.
Lidl is part of the Schwarz Group, which is currently the largest food retailer in Europe by revenue.
Source: ESM Magazine / ICEX / Schwarz Group / Spanish News Today
