Lidl to create 4000 new jobs by 2025

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Lidl has pledged to create 4000 new jobs over the next three years.

Bosses at the German discount retailer said they expect to reach their target of having 1000 stores by 2023 and set a new ambition of 1100 sites by 2025.

Sites of particular interest will include retail parks, town centres and urban centres.

The move comes as Lidl revealed a 12 per cent rise in sales to £7.7 billion and pre-tax profits hit £9.8 million after a £25.2 million loss a year earlier, according to the accounts published at the end of February on Companies House.

Alongside the figures, bosses claim they opened 55 stores during the first year of the pandemic and spent £17.5 million on boosting staff pay.

This included £8 million on hourly wage hikes and £9.5 million on bonuses during the Covid-19 crisis.

READ MORE: Lidl champagne beats Moët & Chandon in taste test

Earlier this month, Lidl revealed an increase in the rates of pay for new shop floor workers to more than £10 an hour.

Bosses said entry-level wages will rise from £9.50 to £10.10 an hour outside London and from £10.85 to £11.30 in the capital from March next year.

“We delivered an impressive trading performance in the period which was supported by our continued investment in new and existing stores, product innovation and our people,” Lidl GB chief executive Christian Hartnagel said.

“All of this contributed to growth in our revenue and profits and positions us well for further growth in the years to come.”

Lidl also revealed it will be reducing plastic in its own-brand packaging by 40 per cent by 2025 and cut the total amount of own-label packaging by 25 per cent in the same year.

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