date:Jun 19, 2014
Schwarz Group, the owner of cut-price supermarket Lidl, is set to become the top grocery retailer in western Europe, with the German company likely to overtake current market leader French rival Carrefour by 2018 and perhaps as soon as the end of next year,a report released by Planet Retail yesterday claimed.
With Schwarz Group only marginally behind Carrefour in retail banner sales for 2013, at 64.6bn (51.6bn) compared to 65bn, Schwarz could be set to overtake Carrefour as the leading grocery