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German Discount Grocer To Set Up U.S. HQ In Virginia

Lidl logo Georgia

Last updated on June 14th, 2024 at 10:26 am

According to an article in the Washington Business Journal earlier this month, international discount grocer Lidl is planning to establish its corporate offices in Arlington, Virginia.

Citing sources familiar with the deal, the Journal said the Germany-based grocer will use its Arlington base to first grow in the Washington, D.C., area and then expand into other U.S. markets. Its primary competition is expected to be Aldi, another German-born discount grocery chain.

Company officials acknowledged Lidl is gearing up for its entry into U.S. markets, according to the Journal.

“As has been reported, Lidl is in the early stages of preparation to operate in the United States,” the statement read in part. “We are taking steps toward that effort. However, we are not able to comment on any particular transaction at this time.”

Lidl’s owner, The Schwarz Group, had more than $102 billion in sales in the 2013-14 year, according to Reuters, making it Europe’s third-biggest retailer behind Carrefour and Tesco. There are more than 10,000 Lidl stores across Europe, and the company has plans to open at least 100 stores in the U.S. with a focus on East Coast markets, the paper added.

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