“Discount retailers should reinvent themselves”

Publication

18 April 2017 à 12h42

Updated on 10 May 2019 à 17h55

Reading time

1 minute

Publication: 18 April 2017 à 12h42, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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Publication

18 April 2017 à 12h42

Updated on 10 May 2019 à 17h55

Reading time

1 minute

Publication: 18 April 2017 à 12h42, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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The former CEO of Lidl, Karl-Heinz Holland, said that the discount retail sector is very different from what it was 15 years ago, and it must reinvent itself again in order to be relevant in two to three years’ time. Lidl tried to have more local ranging and sourcing than the local retailers when it made inroads in Switzerland and Holland, and this strategy proved highly successful.

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