Lidl to 'boost UK supplier commitment by £2bn'

Lidl is set to increase its commitment to UK food suppliers and spend £2 billion more than previously projected by 2025.

In 2019, the German supermarket’s UK arm committed to spending £15 billion with British suppliers from 2020 to 2025 – a figure which has now been adjusted to £17 billion.

Lidl GB has a 7.2 per cent market share of the UK grocery market and said it works with more than 650 suppliers throughout the UK to source two-thirds of its core products.

Further reasoning for the boosted investment likely includes the supermarket sharing that almost £500 million of exports from its British suppliers in 2022 went to other Lidl markets, including over £50 million pounds of British cheese.

Lidl, which recently saw a 24.5 per cent jump in December sales when compared with 2021, said it views its suppliers as partners, with chief executive Ryan McDonnell saying they are “paramount to the success of our business".

At the time, Lidl claimed its strong results were due to shoppers switching from other supermarkets, which brought Lidl an additional £63 million in revenue.

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