Ireland: Lidl to invest €600 million in new stores, distribution centre

Lidl, the German retail giant, has announced that it will invest €600 million ($625 million) to open 35 new stores and a regional distribution centre in Ireland over the next five years.

As a part of the programme, the retailer plans to open 12 stores over the next 12 months and invest €200 million ($208 million) in a new regional distribution centre in Cork to strengthen logistical operations in the south and south-east.

Commenting on the move, Lidl Ireland and Northern Ireland CEO Robert Ryan said: “We’ll open in Carndonagh, in Donegal, we’ll open a store in Moycullen, in Co. Galway, we’ll open a second store in Wexford Town, and one in Ballybough, in [Dublin’s] north inner city.”.

“All of that really continues to rubber-stamp our investment in Ireland, and each of these have construction jobs associated with them, and we employ about 35 to 40 people in each of the stores”, he added.

Source: ESM / Checkout