Lidl has unveiled a £435 million investment to expand and upgrade its warehouse facilities, aiming to improve customer service and strengthen its logistics network.
The discounter has invested £285 million across two buildings at its Belvedere site in London. A new £160 million warehouse was built, while the original facility was refurbished to increase overall capacity. Once complete, the site will support 120 stores.
Chief Real Estate Officer at Lidl GB, Richard Taylor, said: “We’re proud to play our role in driving economic growth, while continuing to establish an infrastructure that delivers sustainable growth for our ambitious expansion plans.
“But these investments are not just about logistics. The updates today also represent an investment in our mission to make good food accessible to households across the country.”
In addition, Lidl is building a £150 million warehouse in Gildersome, Leeds. Together, the new projects are set to create over 500 jobs across the two sites.
Chancellor of the Exchequer, Rachel Reeves, said: “This investment is a strong vote of confidence in the UK economy, and Lidl’s commitment to new warehouse facilities in London and Leeds will unlock hundreds of new jobs, strengthen supply chains, and ensure families can access affordable, quality food.
“Through our Plan for Change, we’re backing business and working in partnership to deliver growth and opportunity in communities across the country.”