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Lidl
Lidl Stiftung & Co. KG (; ) is a German international discount retailer chain that operates over 11,000 stores across Europe and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also operates the hypermarket chain Kaufland. Lidl is the chief competitor of the similar German discount chain Aldi in several markets. There are Lidl stores in every member state of the European Union as well as in Serbia, Switzerland, the United Kingdom and the United States. In October 2021, Lidl also announced that it intended to open its first store in Ukraine, but there has been no progress due to the 2022 Russian invasion of Ukraine. History In 1932, Josef Schwarz became a partner in Südfrüchte Großhandlung Lidl & Co., a fruit wholesaler, and he developed the company into a general food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz-Gruppe began to focus on discount markets, larger supermarkets, and cash ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lidl Europe
Lidl Stiftung & Co. KG (; ) is a German international discount retailer chain that operates over 11,000 stores across Europe and the United States. Headquartered in Neckarsulm, Baden-Württemberg, the company belongs to the Schwarz Group, which also operates the hypermarket chain Kaufland. Lidl is the chief competitor of the similar German discount chain Aldi in several markets. There are Lidl stores in every member state of the European Union as well as in Serbia, Switzerland, the United Kingdom and the United States. In October 2021, Lidl also announced that it intended to open its first store in Ukraine, but there has been no progress due to the 2022 Russian invasion of Ukraine. History In 1932, Josef Schwarz became a partner in Südfrüchte Großhandlung Lidl & Co., a fruit wholesaler, and he developed the company into a general food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz-Gruppe began to focus on discount markets, larger supermarkets, and cas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Supermarket
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dieter Schwarz
Dieter Schwarz (born 24 September 1939) is a German billionaire businessman, and owner of the Schwarz-Gruppe. He is the former chairman and CEO of the supermarket chain Lidl, and the hypermarket chain Kaufland. Career 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 the brothers Albrecht. After his father died in 1977, he took control of the discount chain. He became CEO and expanded the business outside of Germany. Soon afterwards, Schwarz bought the naming rights for Lidl from an unrelated person named Ludwig Lidl, a former schoolteacher, in order to side-step a legal battle with the co-owner A. Lidl. Net worth In 2009, he was estimated to be worth 10 billion euro. As of October 2012, he was estimated to be worth 12 billion euro, an increase from 11.5 billion euro in 2011. In 2013, he was estimated be worth €19.6 billion, and ranked the 24th richest person in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sven Seidel
Sven Seidel (born 1973/74) is a businessman, CEO of the Lidl supermarket chain, from March 2014 to February 2017, when he was succeeded by Jesper Højer Jesper Højer (born 5 September 1978) is a Danish businessman. He was the CEO of the Lidl supermarket discount chain, from 2017 to 2019. His main reason for departure of the role, is to spend more time with his family. He succeeded Sven Seidel .... Prior to his appointment as CEO, Seidel had been head of corporate development for over three years. He was previously a partner at Porsche Consulting. References 1970s births Living people German chief executives {{Business-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwarz-Gruppe
The Schwarz Group is a family-owned multinational retail group that operates grocery shops under the Lidl and Kaufland brands. It is the largest European retailer and the fourth-largest retailer in the world by revenue. The Schwarz Group stores sell mostly private label brands and Schwarz group also operates own production facilities for baking goods, soft drinks and ice cream. History Schwarz Group was founded by Josef Schwarz (1903–1977), father of Dieter Schwarz, in 1930. 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. It is made up of the two retail divisions Lidl and Kaufland Kaufland 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 cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kaufland
Kaufland 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 East Germany. It operates over 1,400 stores in Germany, the Czech Republic, Slovakia, Poland, Romania, Bulgaria, Croatia and Moldova. History The history of Kaufland began when Joseph Schwarz entered the ''Südfrüchte Großhandlung Lidl & Co.'' company as a shareholder in 1930, which was then renamed ''Lidl & Schwarz KG''. The company expanded its range from fruit to a food and goods wholesaler. After World War II, the company was rebuilt: in 1954 it moved into its own property in Heilbronn and joined the ''A & O'' retail chain. With ''Handels- und Fruchthof Heilbronn GmbH'' the first regional warehouse was opened in northern Württemberg. In 1964, the company expanded its range of products by opening a meat depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schwarz Gruppe
The Schwarz Group is a family-owned multinational retail group that operates grocery shops under the Lidl and Kaufland brands. It is the largest European retailer and the fourth-largest retailer in the world by revenue. The Schwarz Group stores sell mostly private label brands and Schwarz group also operates own production facilities for baking goods, soft drinks and ice cream. History Schwarz Group was founded by Josef Schwarz (1903–1977), father of Dieter Schwarz, in 1930. 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. It is made up of the two retail divisions Lidl and Kaufland Kaufland 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 ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aldi
Aldi (stylised as ALDI) is the common company brand name of two German multinational family-owned discount supermarket chains operating over 10,000 stores in 20 countries. The chain was founded by brothers Karl and Theo Albrecht in 1946, when they took over their mother's store in Essen. The business was split into two separate groups in 1960, that later became Aldi Nord, headquartered in Essen, and Aldi Süd, headquartered in Mülheim. In 1962, they introduced the name Aldi (a syllabic abbreviation for Albrecht Diskont), which is pronounced . In Germany, Aldi Nord and Aldi Süd have been financially and legally separate since 1966, although both divisions' names may appear as if they were a single enterprise with certain store brands or when negotiating with contractor companies. The formal business name of Aldi Nord is Aldi Einkauf GmbH & Co., while the formal business name of Aldi Süd is ALDI SÜD Dienstleistungs-SE & Co. Each company is owned and operated independentl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neckarsulm
Neckarsulm () is a city in northern Baden-Württemberg, Germany, near Heilbronn, and part of the district of Heilbronn. , Neckarsulm had 26,800 inhabitants. The name Neckarsulm derives from the city's location where the Neckar and Sulm rivers meet. Neckarsulm is known for its renewable energy projects and wine. The Weingärtnergenossenschaft Neckarsulm-Gundelsheim (winegrower's cooperative of Neckarsulm and Gundelsheim) is the oldest winegrower's collective in Germany. The wine Trollinger and Lemberger are the principal varieties of grape grown in this region. The Schwarz Gruppe (Schwarz Group) who leads both companies Lidl and Kaufland has its headquarter in Neckarsulm. Neckarsulm was first mentioned in a document in 771 and was granted city status around 1300. The city celebrated its 1250th birthday in 2021. Geography Neckarsulm is located on the eastern side of the Neckar River Valley. The town is approximately from the Löwenstein Mountains away and part of the Swab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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