Lidl invests 435 million in warehouses to support further growth across the country - London Business News | Londonlovesbusiness.com
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Lidl invests 435 million in warehouses to support further growth across the country - London Business News | Londonlovesbusiness.com
"The discounter has now completed its two-stage extension at its Belvedere site in London, investing £285 million across two buildings. The first phase of investment, which involved the construction of a new, second warehouse, equates to £160 million. The second stage demolished the original building to make way for a state-of-the art warehouse, which tripled capacity."
"Lidl now boasts 800,000 sq ft warehouse space at Belvedere, a 167% increase in its footprint since first opening at the site in 2003 - now big enough to park nearly 1,800 double decker buses indoors. Once fully operational, the site will serve 120 stores - from its recently opened store in Brentford, down to Dorking, as well as future stores."
"Last month construction started at its 38-acre site in Gildersome, Leeds. The £150m investment is yet another example of Lidl's commitment to scaling up and strengthening infrastructure to support its stores across the country as it builds towards its major milestone of 1,000 stores. These developments will lead to over 500 new jobs, with the expansion at Belvedere creating 120 new positions and the Leeds warehouse resulting in 400 new roles. Following the discounter's latest announcement, colleagues will also benefit from Lidl's market leading pay and benefits from next month."
Lidl GB completed a two-stage extension at its Belvedere site in London, investing £285 million to add a second warehouse then replace the original building with a state-of-the-art facility that tripled capacity. The Belvedere site now provides 800,000 sq ft of space, a 167% footprint increase since 2003, and will serve 120 stores. Construction has also started on a 38-acre Gildersome site in Leeds with a £150m investment to support store coverage toward 1,000 stores. The projects will create over 500 jobs (120 at Belvedere, 400 at Leeds), and colleagues will receive market-leading pay and benefits.
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