Lidl hails 500m loyalty growth as profits triple
News Source : Marketing Week
News Summary
- Lidl GB has maintained its position as the fastest growing bricks-and-mortar grocer for another year, notching up 38 million more customer visits compared to last year.
- Pre-tax profit more than tripled in the year to 28 February 2025, rising from £43.6m in 2024 to £156.8m.
- Operating profit increased to £314.1m, while turnover grew 7.9% to £11.7bn.
- According to Lidl, the business benefitted from £400m in direct switching from competitors and a £500m growth in customer loyalty.
Lidl GB has maintained its position as the fastest growing bricksandmortar grocer for another year, notching up38 million more customer visits compared to last year.Pretax profit more than trip [+3719 chars]
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