Lidl to open its own outlet store in Slovakia

Lidl to open its own outlet store in Slovakia

Published at: 2019-06-28 10:23 | Author: CIJEurope.com
Lidl is planning to open a new store in the town of Ilava, Slovakia, since the old one is no longer big enough to match the discount grocer's plans. The news in this story isn't the new store, but rather what the company will make out of old one: an outlet store. The Slovak server Trend reports that the non-food items that the company fails to sell to its customers will be collected and brought to the store to be sold at discounts of up to 70 percent. In order to minimize costs, Lidl won't even be advertising which goods will be for sale at what prices. The website of the Slovak daily SME reports that the company has tried this in other European countries, but it's a first for Central Europe.

Similar Stories:

Lincoln Property Company secures €91m retail park refinancing with UniCredit
Lincoln Property Company, the U.S. developer and investor, and CEE investor, Fidurock, hav  »
Hard Diskont Lakovic hypermarket opens in Zlatica
A new Hard Diskont Lakovic hypermarket has opened in Zlatica along the main road near Podg  »
Warsaw’s retail and service market turns towards catering industry
The Warsaw retail and service market, which enjoys an increasingly diverse offer, is turni  »
VOX leases 422 sqm at Morski Park Handlowy in Gdańsk
VOX has leased 422 sqm for its furniture showroom at Morski Park Handlowy in Gdańsk. The  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take   »