Lidl Buys Best Market Stores, Expand Operations in NY Area

By: Abasto Magazine
 
 
Lidl Buys Best Market
Lidl Buys Best Market
WINSTON-SALEM, N.C. - Nov. 19, 2018 - PRLog -- Lidl US announced it will acquire 27 Best Market stores in New York and New Jersey, expanding its presence in the East Coast and enter a new market in Long Island.

Lidl plans a step-by-step transition process that will begin next year and will involve the remodeling, reinvestment and reflagging of Best Market stores to converted Lidl stores, according to a press release.

"We are excited to expand into many great communities on Long Island and across the New York City area and introduce more customers to our simple and efficient approach to grocery shopping, which will mean high quality and huge savings for more shoppers," said Johannes Fieber, CEO of Lidl US.

All Best Market employees in New Jersey and New York will have guaranteed employment opportunities with Lidl following the transition. Team members will be welcomed into positions with Lidl that offer wages and benefits that are equal to or better than what they earn with Best Market.

"Best Market has played an enormously positive role in the area, and we look forward to working closely with Best Market employees to build on… To read the complete story, click on this link: https://abasto.com/en/news/lidl-buys-best-market-stores/

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Source:Abasto Magazine
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Tags:Supermarket Industry
Industry:Retail
Location:Winston-Salem - North Carolina - United States
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