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Schwarz Group is growing rapidly: 20,000 new jobs and billions in investments!
The Schwarz Group is investing 3.7 billion euros in Germany, creating 20,000 jobs and opening new Lidl and Kaufland branches.
Schwarz Group is growing rapidly: 20,000 new jobs and billions in investments!
The Schwarz Group, known for its Lidl and Kaufland brands, made remarkable progress in the past financial year. Loud SWR The group opened 300 new branches worldwide, which led to the creation of around 20,000 new jobs. Of these, 4,000 new jobs will be in Germany.
Despite a tense economic situation, the Schwarz Group invested around 3.3 billion euros in Germany alone. These investments will be invested in particular in the expansion of new branches, the expansion of existing warehouse locations and the expansion of data center capacities in Europe. For the current financial year, the company is even planning to invest 3.7 billion euros in Germany.
Sales and market position
The entire group achieved sales of 175.4 billion euros in the 2024 financial year, which corresponds to an increase of 4.9 percent compared to the previous year. An even higher growth of 8.5 percent was recorded in 2023. What is noticeable, however, is that online sales stagnated during this time.
Lidl and Kaufland have continued to position themselves as strong players in the German food industry. According to Nielsen IQ, the Schwarz Group ranks third in food retail in Germany, behind Edeka and Rewe. Lidl, on the other hand, is the industry leader among discounters.
Global presence and value creation
The Schwarz Group employs around 595,000 people worldwide and operates around 14,200 branches. The company covers the entire value chain – from production and trading to recycling and digitalization.
The main brands Lidl and Kaufland are now represented in 32 countries, meaning the Schwarz Group plays a significant role in international retail. The upcoming investments of around 10 billion euros, such as Manager Magazine reports, underline the company's ambitions to continue to grow and expand its market position.
The Schwarz Group is therefore ideally positioned to continue to play a leading role in retail and to defend its market share, while at the same time creating new jobs and innovative solutions.