Friday, May 3, 2019

Lidl Readies New York Store Expansion

HomeWorld Business
In the first of several waves of openings on Long Island, New York, Lidl U.S. said it will open stores in Plainview, Babylon, Huntington, and Center Moriches by early 2020. The initiative follows the company’s recent acquisition of the Best Market grocery store chain.

Shoppers in those communities will be the first to experience Lidl’s approach to grocery shopping as well as Lidl’s price-cutting effect in the region. A study from the University of North Carolina found that grocery stores located near Lidl stores dropped their prices for individual products by as much as 55%, according to the company.. . . more