Lidl in Britain makes £76m loss amid battles to keep a lid on rising prices

Lidl in Britain makes £76m loss amid battles to keep a lid on rising prices - short news


German-owned discount chain reports 18% sales rise and extra market share but inflation had cost it £100m to keep prices low

The group reported pre-tax losses of £76m for the year to 28 February against profits of £41.1m the previous year as it also invested heavily in the business.

Continue reading...


Read more on The Guardian

source: The Guardian - 14.09.2023

Top