German-Based Market, Lidl, Submits Plans to Build in League City

By
Real Estate Agent with Brockway Realty

In the recent (December 22, 2016) edition of The Business Development Update published by the Bay Area Houston Economic Partnership, “Lidl announced it will build a 35,000 SF store at the League City Parkway and Tuscan lakes Blvd. The Germany-based chain is new to Texas but has 10,000 stores in 27 countries. It’s a low-cost grocer offering convenient shopping and deep discounts on groceries, household appliances, clothes and more.”

 

Business Insider posted an informative article (written by Hayley Peterson) in September 2016, “A German grocery chain that crippled its rivals in the UK is about to invade the U.S”. The following segments from that article explain more about Lidl:

“Lidl wouldn't reveal how many stores it's planning to open, but sources told the commercial real-estate firm CoStar that the company will open as many as 150 US stores by 2018. The company currently has 10,000 stores in 26 European countries.

Lidl has already snatched up leases in dozens of US cities, according to local-news reports, and it's seeking store managers in areas including Burlington County, New Jersey; Richmond, Virginia; Charlotte and Raleigh, North Carolina; Greenville, South Carolina; and Augusta, Georgia.” …

“Lidl's US stores are expected to be between 30,000 and 36,000 square feet, which is about twice the size of an Aldi store, but still much smaller than a traditional supermarket like Kroger, which averages about 165,000 square feet. Like rival Aldi, Lidl keeps prices low by limiting inventory to a lean selection of private-label items, versus traditional supermarkets that tend to carry several different brands of a single product.”…

“Most of the stores' products are displayed in their shipping cartons to make restocking quick and easy. That means fewer workers are needed on the sales floor. Lidl additionally saves money by requiring customers to bring their own shopping bags and bag their own groceries”

 

For more information about Lidl, check out their website now or check the City of League City website for future news.  

 

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