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Gloucestershire Business News

New store will create jobs in the Forest - but what about independent traders?

Supermarket chain Lidl has unveiled its plans for a new store in the Forest of Dean.

If approved by planners, the outlet at Lord's Hill, Coleford could create around 40 new jobs.

Details of the proposed new store were provided at a public consultation day in Coleford, The Forester newspaper reports.

Lidl is part of the Schwarz retail group based in Germany and now has 10,000 stores globally.

In the UK it employs 22,000 people across more than 700 stores and invested £1.45 billion in expansion in 2017-18.

It is now one of the fastest growing supermarket chains in the country with a market share of 5.1 per cent.

Whilst the creation of new jobs is always welcome, Punchline is concerned about the devastating effect the opening of this new store is likely to have on the town's small independent traders who are already battling the likes of online giants such as Amazon.

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