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Lidl chairman out, expansion in U.S. on

UPDATE March 21: Analyst says Lidl shakeup could delay U.S. expansion

The chairman of German discount chain Lidl is departing the company over “differing views concerning the future strategy of the business,” according to the retailer, a division of the Schwarz Group. Karl-Heinz Holland had served as chairman of the company since 2008.


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The company, which issued a brief statement on the change, did not elaborate on the nature of the dispute, nor did it say who would succeed Holland as chairman. Lidl also said Dawid Jaschok, head of buying and marketing, was also leaving in the company.

The changes comes as Lidl prepares an expansion in the United States. SN has confirmed that Lidl has established an office in Arlington, Va., to explore such a move. A person who answered the phone there told SN this week that officials were not immediately available for comment.

As reported previously in SN, the company sent executives from its division in Ireland to explore the possibility of expanding here. Analysts in Europe believe the company could open as many as 100 stores beginning next year.

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