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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.
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 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. The company emphasizes a wide range of fresh and packaged food products. [2]
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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 Karl and Theo Albrecht. [1] After his father died in 1977, he took control of the discount chain. He became CEO and expanded the business outside of Germany. [2]
Lidl is part of the Schwarz Group, the fifth-largest retailer in the world. Lidl opened its first UK store in 1994 and its first store in the United States in Virginia Beach, Virginia in 2017. The company has continued to expand throughout the eastern U.S. and in 2020 announced that it planned to open up another 50 stores by the end of 2021. Makro
Name Stores Type of stores Owner headquarters Parent basic: 2 [1]: Organic supermarket: Germany: TEGUT: Billa: 1000+ [2] Supermarket: Austria: REWE Group: Billa Plus: 128 [3]: Hypermarket