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Lidl invests $14 million in a new store in Lisbon, its second in less than a month – Trade

Ursula Curtis by Ursula Curtis
May 16, 2024
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Lidl invests  million in a new store in Lisbon, its second in less than a month – Trade
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A new supermarket from the German retail chain has opened in the old bus station on Avenida Casal Ribeiro, dating back to 1970, located in the Saldanha district.

Lidl opened a store in Lisbon on Thursday, the second in less than a month in the capital, in a year An investment of 14 million eurosWhich will generate 36 job opportunities.

The German retail chain’s new space, with an area of ​​approximately 1,200 square metres, is located in the old bus station on Avenida Casal Ribeiro, which dates back to 1970 and is located in the Saldanha area.

“This is the second store that Lidl has opened in Lisbon in less than a month. Rehabilitation of previously deteriorated or unused spaces. It is further evidence of our commitment to the country, the communities in which we operate, and to our customers, as we seek to provide them with every comfort in their daily purchases, by offering maximum quality at the best prices,” said Lidl’s Regional Director for the Central Region, Pedro Almeida, in a statement. Send to newsrooms The new Lidl supermarket in Lisbon, the 17th in the capital, appears. Less than a month after opening a store described as “iconic” in the Restelo Stadiumfollowing a partnership between the retailer and the historic club “Os Belenenses” which included the rehabilitation of the sports complex and its surroundings, as well as the creation of a garden on the roof of the building, fully integrated into the surrounding area, and entails With an investment of about 12 million euros.

Lidl, which belongs to the Schwarz Group, arrived in Portugal 29 years ago, where it now employs approximately 9,000 employees, spread across more than 270 stores, four divisions and regional warehouses (Santo Tirso (North), Torres Novas (West), Sintra (central) and Palmilla (south), in addition to the headquarters.

Ursula Curtis

“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”

Ursula Curtis

Ursula Curtis

"Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast."

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