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:

Rohlik.cz sales grow 60% to CZK 4bn in 2019
Revenues at the grocery specialist e-shop Rohlik.cz grew 60 percent last year to more than  »
IKEA to open pick-up points in eight Czech cities
IKEA is planning to open seven pick-up points for customers who live in Czech cities where  »
Lagardere Travel Retail opens 1 Minute store at Charles de Gaulle Plaza
Lagardere Travel Retail opened a 1 Minute store at Charles de Gaulle Plaza near the Aviato  »
Křetinský and Tkáč raise Casino stake to 5.64%
An investment vehicle of two Czechoslovak business moguls Daniel Křetinský and Patrik Tk  »
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   »