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Lidl Posts Strong Revenue Growth In Czech Republic In FY 2015

March 1, 2016: 12:00 AM EST
Discount retailer Lidl’s revenue in the Czech Republic grew 16 percent to 33.6 billion crowns for the financial year 2015, compared with the previous year. According to the company, its profit jumped 50 percent to 2.6 billion during the period. Lidl launched its business in the local market in 2003, with about 80 percent of products sold under private label.
"Lidl Czech profit doubles to 2.6 billion crowns", International Supermarket News, March 01, 2016, © Retail Magazine
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