Insight Report 14 minutes PremiumLidl US Update: Answers to Four Key Questions Coresight Research May 5, 2017 Executive SummaryLidl will open its first US stores in the summer of 2017 across three eastern states: North Carolina, South Carolina and Virginia. The company is hiring for store-based roles in a total of 38 towns in eight eastern states. This report provides an update on what we know so far, and provides some answers to four questions: What do we estimate Lidl’s US sales will be? We see an approximate 1-2-4 step-up in Lidl’s US sales: roughly $1 billion in 2018, $2 billion in 2019 and $4 billion in 2020. These figures presume that Lidl will open just under 100 stores per year in the US. What headwinds and tailwinds could Lidl face? Lidl could face headwinds in terms of compromising the quality of store locations in a race for space and diverging from its traditional small-store format. Tailwinds could include increased consumer demand for fresh and natural foods and millennials’ frugality when it comes to shopping for groceries. Which incumbent retailers look to be most at risk? Weis Markets and Ingles Markets have the greatest exposure in the eight states in which Lidl is hiring. What will Lidl’s US offering look like? We expect Lidl to offer more fresh foods and a substantial general merchandise selection in its US stores, and to push the US provenance of many of the products it offers. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Research Preview: The State of the American MallWeekly US and UK Store Openings and Closures Tracker 2024, Week 25: Casey’s To Open 100 StoresPlaybook: Six Quick Wins in Generative AIMarket Navigator: US Retail and E-Commerce—Uncovering Opportunities in a Changing Landscape