One year on, Lidl is among Latvian retail's big hitters

Take note – story published 1 year and 8 months ago

A year ago, on October 7, 2021, German retail chain Lidl started working in Latvia, simultaneously opening its first 15 stores in Rīga and several regional cities in a blaze of publicity and public interest.

One year on, according to data from the market research company NielsenIQ, its 19 stores now place Lidl into the top three of the most visited grocery stores, along with Rimi and Maxima, according to a company press release. The data is based on a study carried out in June based on a sample size of 1,600 persons.

Lidl now has around 2,000 employees and will soon open a 20th store in Liepāja.

"We have had a great first year of operations in Latvia and we see very positive prospects for further development, which we confirm by opening new stores in Latvia," said Jakob Josefsson, Chairman of the Board of Lidl Latvija.

Lidl, as part of the Schwarz retail group headquartered in Neckarsulm, is one of the leading companies in the food retail industry in Germany and Europe. Lidl is represented in 32 countries around the world and currently operates over 12 000 stores and more than 200 logistics centers and warehouses in 31 countries worldwide.

SIA Lidl Latvija was established in February 2018 and opened its store network in Latvia on October 7, 2021. 

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