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Why Lidl is offering the public a £22k reward for helping to find new sites

By Nagasunder in Business News, posted July 1, 2022

Members of the public can earn a £22,000 "finders fee" for helping supermarket giant Lidl find new sites.

The discount supermarket has plans to invest £2.1 billion on new stores around the UK and is aiming to reach 1,100 outlets by the end of 2025.

A completed £1.5 million site acquisition would incur a cost of £22,500, which is equal to either 1.5 percent of the entire freehold purchase price or 10 percent of the first year's rent for leaseholds.

Bamber Bridge, Bispham, Carnforth, Kirkham, Lancaster, Leyland, Lytham St. Annes, Penwortham, Preston, and Thornton are among the locations that the low-cost supermarket is seeking.

With the opening of 23 new shops nationwide since the start of 2022, including ones in Warwick, Hounslow, and Straiton, Lidl has expanded access to affordable, high-quality food for more communities.

Richard Taylor, Chief Development Officer said at Lidl GB said: “We know that the majority of British shoppers still love doing their shopping in person and we are as committed as ever to opening new stores and enhancing our existing ones.

"We’re opening an average of one new store a week, which is incredible, and our teams have done a phenomenal job of keeping that pace going over the last couple of years."

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"But there are still communities up and down the country that are telling us how much they want – and need - a Lidl store. We work with some of the best people in the industry to identify new sites, but we also know how engaged our future and existing customers are and we want to build on this.

Taylor continued: "Our finder’s fees are, therefore, available to absolutely anyone that can identify a viable option for a new store that we’re not already aware of, and we welcome any suitable suggestions that will help up us to meet our ambitious target of 1,100 stores by the end of 2025.”

Lidl is looking for sites in: