Lidl doubles down on finding location for new store in Kenilworth

By James Smith 5th May 2024

Lidl is still asking for help to find a store location near Kenilworth (Image via Lidl)
Lidl is still asking for help to find a store location near Kenilworth (Image via Lidl)

Supermarket giant Lidl has once again included Kenilworth in a list of possible new shop locations.

The retailer has said for the last two years it wants to open a store in the South Warwickshire town as it aimed to open even more stores in its 30th year.

And a fresh list of desired locations - published last week - has once again included Kenilworth alongside eight other spots in Warwickshire.

The discount chain has also identified five areas in Coventry it wants to open a new store.

Richard Taylor, Lidl GB chief development officer, commented: "Having fortified our infrastructure with significant investments like Luton, which is the largest warehouse in the Lidl world, we're proud to have achieved record market share this month.

"We have also been the fastest growing bricks and mortar supermarket for the past seven months in a row.

"With an exceptional store network and our laser focus on operational excellence, we're welcoming more customers through our doors than ever before, which positions us perfectly for continued expansion.

"As we celebrate our 30th year, our commitment to ensuring that all households across the country have access to high quality produce at affordable prices is stronger than ever. We're planning to open hundreds of new Lidl stores but ultimately see no ceiling on our ambition or growth potential.

"This is why we're continuing to invest in new locations whilst exploring innovative routes to expansion.

"As we look ahead, we're excited to welcome even more new shoppers to our existing stores, as well as those we're planning to open across the country in the coming months and years."

Should a site be successfully identified, the discounter will pay a finders' fee of either 1.5 per cent of the total freehold purchase price, or 10 per cent of the first year's rent for leaseholds, which would equate to £22,500 for a completed £1.5 million site purchase.

Nub News recently reported that plans to build a new Lidl store in Balsall Common may be decided later this year having been delayed extensively.

Find out more here.

     

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