DMK, the leading Germany dairy cooperative, has announced plans to sell its ice cream plant in Waldfeucht-Haaren, North Rhine-Westphalia to retail giant Schwarz Gruppe, which operates the Lidl and Kaufland businesses, for an undisclosed sum. Describing the move as being part of plans to “streamline its production network in the ice cream business unit”, DMK said the transfer of the factory ownership, together with its 200 staff, would take place …
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Lidl, the German retail giant that is part of the Schwarz Group, is earmarking parts of the southern USA for its initial wave of stores in North America, according to a report in the Houston Business Journal. In addition to the eastern US, where Lidl has centred its planned foray into the US market, the discounter is now exploring the option of opening locations in the state of Texas although has not yet …
Schwarz Group, the German retail giant behind the Lidl and Kaufland brands, is considering opening stores under the Kaufland brand in Australia, according to an article in N-tv.de. The supermarket group is currently conducting a feasibility study, “only after which a decision on a possible entry into the market will be made”, N-tv.de reports, quoting the firm. Previous German media reports had suggested that the first Kaufland stores might open in …
Schwarz Gruppe, which operates the supermarket chains Lidl and Kaufland, has finished the financial year with double-digit sales growth, Handelsblatt reports. Total income for the year ending February 2014 was €74 billion ($103 billion), an increase of 10% on FY 2013. A company spokesperson is reported as attributing the increase to growth in same-store store sales, with gains seen particularly in revenue from fresh bakery products. The sales growth reportedly …
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