Analyst: Lidl shakeup could delay U.S. expansion

The abrupt changing of the guard at German discounter Lidl does not appear to be related to its planned expansion in the U.S., although the instability could affect the timing of the company's entry to the market, sources told SN Friday.

Earlier this week, Lidl said it parted ways with its chairman, Karl-Heinz Holland, along with its head of buying and marketing, Dawid Jaschok. On Friday, Lidl said it appointed Sven Seidel to succeed Holland and Robin Goudsblom to replace Jascho

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