Discount grocer Lidl will open 50 new stores by the end of 2021 that will further expand the retailer’s presence in the eastern portion of the country.
The stores will be located in Delaware, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia.
When all new locations are open, Lidl will have more than 150 stores in the United States. The company will invest more than $500 million in opening the new stores and create about 2,000 jobs.
The grocery store chain recently opened its third regional headquarters and distribution center in Cecil County, Maryland, earlier this year to support its store network. It plans to open its fourth distribution center in Covington, Georgia, over the next two years.
The National Retail Federation recently ranked Lidl as the top retailer in its Hot 100 Retailers list of fastest-growing companies. The list, compiled by Kantar, is an annual ranking of the nation’s fastest-growing retail companies and it is based on sales volume increase from 2018 to 2019.