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Lidl (German pronunciation: LEE-dəl) is a German international discount retailer chain [3] that operates over 12,000 stores, present in every member state of the European Union, Serbia, Switzerland, the United Kingdom and the United States. [4]
The business was founded in 1930 by Josef Schwarz (1903–1977), father of Dieter Schwarz. [3] 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.
In 2009, he was estimated to be worth 10 billion euro. [4] As of October 2012, he was estimated to be worth 12 billion euro, an increase from 11.5 billion euro in 2011. [5] In 2013, he was estimated be worth €19.6 billion, and ranked the 24th richest person in the world. [3]
This page was last edited on 26 January 2025, at 17:17 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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. [2] [3]Prior to his appointment as CEO, Seidel had been head of corporate development for over three years. [1]
The Lidl Austria GmbH [a] is a subsidiary of Lidl Stiftung & Co. KG, part of the Schwarz Group. [1] Lidl Austria's core assortment includes groceries, with a focus on over 2000 products, many of which are sourced locally from Austria.