Schwarz Group

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...

Lidl Italia Introduces Household Products With 95% Recycled Plastic

Lidl Italia has introduced its first line of household products made with 95% recycled plastic. The range is made by PreZero, the environmental div...

Schwarz Group Names Gerd Chrzanowski As New CEO

Schwarz Group, the parent company of Lidl and Kaufland, has named Gerd Chrzanowski as the new chief executive of the company, according to a report in the...

International Retailers To Invest €1bn In Romania This Year, Report Suggests

International retail companies are planning to invest around €1 billion in Romania this year to expand their business in the country, a report in the...