Lidl to open 50 new stores, create 2,000 jobs by end of 2021
The $500 million investment will bring the company's total to more than 150 stores
Lidl has announced plans for a $500 million investment to open 50 new stores by the end of 2021 which will create 2,000 jobs and bring the company's total to more than 150 grocery locations.
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The stores will be located in Delaware, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina and Virginia.
The company will also close two stores in Havelock and Shelby, North Carolina in an effort to prioritize its most convenient locations. The company noted that all employees in those locations will be given an opportunity to relocate to another store in Lidl's network.
Photo courtesy of Lidl
The move comes on the heels of Lidl opening its third regional headquarters and distribution center in Cecil County, Maryland, earlier this year to support its store network. The company plans to open a fourth distribution center in Covington, Georgia over the next two years.
A recent study by the University of North Carolina's Kenan-Flagler Business School found that Lidl's prices were about 45% lower than prices for comparable products at Trader Joe's, and that their entry into the grocery market forced competitors like Walmart, Target, Costco and Stop & Shop to signifcantly cut their own prices.
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The grand opening dates of the individual stores, listed below, will be announced over the coming months.
- 37th St., Astoria, NY
- Larkfield Rd., East Northport, NY
- Dogwood Ave., Franklin Square, NY
- Middle Country Rd., Lake Grove, NY
- Merrick Rd., Massapequa, NY
- Sunrise Hwy., Oakdale, NY
- Harbor View Marketplace, Bayonne, NJ
- Hooper Ave., Brick, NJ
- Fire Rd., Egg Harbor Township, NJ
- South Ave., Garwood, NJ
- Delsea Drive, Glassboro, NJ
- Blackwood, Gloucester Township, NJ
- S. Black Horse Pike, Lawrenceville, NJ
- Kinderkamack Rd., Park Ridge, NJ
- Park Ave., Weehawken, NJ
- St. Georges Ave., Woodbridge, NJ
- E. Baltimore Ave., Clifton Heights, PA
- Columbia Ave., Lancaster, PA
- Roosevelt Blvd., Philadelphia, PA
- York Rd., Warminster, PA
- Pulaski Hwy., Bear, DE
- Solomons Island Rd., Annapolis, MD
- Ritchie Hwy., Brooklyn Park, MD
- Little Patuxent Pkwy., Columbia, MD
- Ritchie Hwy., Glen Burnie, MD
- W. Patrick St., Frederick, MD
- Montgomery Village Ave., Montgomery Village, MD
- Livingston Rd., Oxon Hill, MD
- New Hampshire Ave., Takoma Park, MD
- Padonia Rd., Timonium, MD
- Randolph Rd., Wheaton, MD
- Little River Turnpike., Alexandria, VA
- Olde Keene Mill Road., Burke, VA
- Chantilly Crossing Ln., Chantilly, VA
- Twentyninth Place Ct., Charlottesville, VA
- Gallows Rd., Falls Church, VA
- Liberia Ave., Manassas, VA
- Leesburg Pike, Sterling, VA
- Apex Peakway, Apex, NC
- S Church St., Burlington, NC
- S Tryon St., Charlotte, NC
- West Mallard Creek Church Rd., Charlotte, NC
- Oleander Dr., Wilmington, NC
- Dorchester Rd., North Charleston, SC
- Peachtree Industrial Blvd., Duluth, GA
- Mount Vernon Rd., Dunwoody, GA
- Johnson Ferry Rd., East Cobb, GA
- Whitlock Ave SW., Marietta, GA
- Roswell Rd., Sandy Springs, GA
- Bells Ferry Rd., Woodstock, GA