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Aldi and Lidl plan to open five times as many new stores as Big Four

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Discount supermarkets Lidl and Aldi are planning to open significantly more stores than Tesco, J Sainsbury, Morrisons and Asda combined, figures have revealed.

The German retails have submitted a total of 171 planning applications, five times as many as the so-called ‘Big Four’, which between them have submitted just 29 applications.

Aldi and Lidl currently account for 9.9% of consumer spending in the UK, a figure that is expected to climb to 15%.

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Bella Palmer

The author Bella Palmer

Passionate about the Investment Market. I am also a keen Investor myself. Love to travel and dance.