GERMANY: Lidl posts €23bn turnover in 2001
Discount retail giant Lidl and its hypermarket arm Kaufland together posted a turnover of €23bn (US$22.8bn) for the fiscal 2001, an increase on the 2000 turnover of €20bn. The 4,000-store strong Lidl chain told BerlinOnline yesterday [Wednesday] that it will use its profit for further expansion domestically in Germany and in other countries.
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