Schwarz Group

Germany's Penny Donates €1.35m To Flood Victims

German discount retailer Penny has donated €1.35 million for communities affected by the recent flooding in the country, through a fundraising project...

Who Is Kenneth McGrath? The Irishman One Rung Away From The Top Job At Lidl

Lidl has appointed Kenneth McGrath as the new deputy chairman of its international business, with the 46-year-old Irishman no stranger to the discount sect...

Germany Floods: Retailers Pledge Support For Regions Struck By Disaster

Lidl and Kaufland owner Schwarz Group has announced a donation of €10 million in 'immediate support' to areas of Germany affected by last week's sever...

Lidl, Kaufland Owner Sees Double-Digit Revenue Increase In FY 2020/21

Schwarz Group, the owner of the Lidl and Kaufland retail chains, has reported revenues of €125.3 billion in its 2020/21 financial year, a 10% increase...

Lidl GB Pledges To Achieve Carbon Neutral Status By 2022

Lidl GB has pledged to achieve carbon neutrality by 2022 as part of wider commitments made by its parent company, Schwarz Group. By 2030, the discounter...

Kaufland Launches Private-Label Brand K-Wertschätze

German retailer Kaufland has launched a new private-label brand K-Wertschätze that focuses on high animal welfare standards. The brand highlights t...

Schwarz Group Switches To 100% rPET For Non-Returnable Bottles

Since June 2021, all non-returnable PET bottles for Kaufland and Lidl's own-brand products manufactured by Schwarz Production have switched to 10...

Lidl-Owner Schwarz Group Gains EU Approval To Buy Suez's Recycling Business

Lidl-owner Schwarz Group has secured EU antitrust approval to acquire French waste and water management company Suez's recycling business in four EU countr...