Lidl is a global grocery juggernaut, with 10,000 stores in 27 countries. It has made its name offering a limited assortment of goods, many of them private label, at ultralow prices.
Now, it is ready to descend on America, potentially throwing a disruptive curveball in a retailing category that is already scrambling to adapt to new pressures, including the growth of online shopping and competition from nontraditional rivals such as drugstores.
Lidl is set to open 20 stores this summer in Virginia, North Carolina and South Carolina, an earlier debut than the 2018 time frame that it initially targeted. Within 12 months of opening its first U.S. stores, it is slated to have 100 locations up and down the East Coast. VIEW MORE