Schwarz Group has seen a 6% increase in full-year sales, the German retailer confirmed today (24 July).

The company, which operates Lidl and Kaufland, saw sales reach EUR63.4bn (US$98.3bn) in the year to the end of February, a spokesperson for the privately-owned retailer told just-food.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

At the end of the year, the group had 315,000 employees worldwide.

Lidl, the company’s discount retail arm, recorded sales of EUR45.4bn “with 9,800 stores in more than 20 countries around Europe,” the spokesperson said. Kaufland reached sales of EUR18bn with 1,070 stores in seven European countries. 

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now