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Lidl returns to profit on sales of £9bn after slowing expansion

UK business says it has gained 300,000 new shoppers and plans 40 branch openings next year

Lidl’s UK business has bounced back into profit after it slowed expansion in favour of improving existing stores, spurring a jump in sales to above £9bn.

The German-owned discounter, which is close to overtaking Morrisons to become the UK’s fifth-largest supermarket, said it had gained more than 300,000 new shoppers and 60% of Britons visited the chain at least once year. Continue reading…
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