Business Insider/Hayley Peterson
- Lidl is opening 25 stores in Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia.
- Lidl will also close two stores in Rockingham and Kinston, North Carolina this summer.
- The new stores, which are opening by spring of 2020, will bring Lidl’s US store count to about 100 locations. Lidl had originally planned to open 100 stores by mid-2018.
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The discount grocery chain Lidl is opening 25 new US stores within the next year and closing two locations, the company said Friday.
The new stores, which are opening by spring of 2020, will bring Lidl’s US store count to about 100 locations.
The German-based chain has significantly slowed its store growth since entering the US two year ago. The company had originally planned to open 100 stores in the US by mid-2018.
As Lidl opened its first stores, neighboring rival grocery chains aggressively dropped prices to compete, according to a study conducted by the University of North Carolina’s Kegan-Flagler Business School. This likely impacted Lidl’s early performance.
Lidl US CEO Johannes Fieber said the company remains committed to growing in the US.
"We are committed to long-term growth in the United States and always strive to locate in the most convenient locations for our shoppers," said Johannes Fieber, CEO of Lidl US. "These new stores are part of the next steps in our US expansion."
Late last year, Lidl acquired nearly 30 Best Market supermarkets in New York and New Jersey.
Some of the new stores will be located in those states, as well as Maryland, North Carolina, Pennsylvania, South Carolina, and Virginia. The new stores will open by spring of 2020.
Lidl will also close two stores in Rockingham and Kinston, North Carolina this summer.
- Baltimore National Pike in Catonsville, Maryland
- Baltimore Avenue in College Park, Maryland
- Marlboro Pike in District Heights, Maryland
- Dual Highway in Hagerstown, Maryland
- Mission Drive in Lanham, Maryland
- Belair Road in Nottingham, Maryland
- Promenade Place in Waldorf, Maryland
- New Bridge Road in Bergenfield, New Jersey
- US 9 in Lacey, New Jersey
- Sunrise Highway in Babylon, New York
- Main Street in Center Moriches, New York
- East Jericho Turnpike in Huntington, New York
- Old Country Road in Plainview, New York
- NC-55 in Cary, North Carolina
- Monroe Road in Charlotte, North Carolina
- Margaret Wallace Road in Matthews, North Carolina
- West Gate City Boulevard in Greensboro, North Carolina
- Buffaloe Road in Raleigh, North Carolina
- Eastwood Road in Wilmington, North Carolina
- East Butler Street in Philadelphia, Pennsylvania
- West Ridge Pike in Trooper, Pennsylvania
- East Ridge Pike in Royersford, Pennsylvania
- South Richland Avenue in York, Pennsylvania
- Summit Parkway in Columbia, South Carolina
- Independence Boulevard in Virginia Beach, Virginia
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Source: Business Insider – hpeterson@businessinsider.com (Hayley Peterson)