Over £10 Cheaper Than Tesco and Sainsbury’s, Nearly £17 Cheaper Than Waitrose
- Lidl is the cheapest supermarket according to Which?
- A basket of shopping at Lidl was over £10 cheaper than Tesco and Sainsbury’s
- Nearly £17 cheaper than Waitrose
- New Regional Distribution Centre in Gildersome, Leeds will create hundreds of jobs
Lidl GB has emerged as the cheapest supermarket in a basket comparison conducted by Which? in October. The monthly analysis involves comparing average grocery prices at eight of the UK’s largest supermarkets. A shopping basket at Lidl was over £10 cheaper than Tesco and Sainsbury’s, and nearly £17 cheaper than Waitrose. Ryan McDonnell, Lidl GB CEO, said, ‘As we head into the festive season, we remain relentlessly focused on offering the lowest prices in the market. The latest Which? basket demonstrates that we’re delivering on our price promise and that customers can be confident they are getting the best value possible when they walk through our doors.’ Lidl has also secured planning permission for a new Regional Distribution Centre (RDC) in Gildersome, Leeds, which will further strengthen its infrastructure across the country. The warehouse will create hundreds of jobs. This follows the opening of Lidl’s Luton RDC in September, the discounter’s largest warehouse globally, set to create 1,500 jobs. McDonnell added, ‘We are seeing growing numbers of new customers coming to us and are now the third biggest supermarket in London, as well as the fastest-growing supermarket in the UK.’
Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about Lidl GB being the cheapest supermarket according to a basket comparison conducted by Which? and includes relevant details about their growth and job creation through new warehouses.
Noise Level: 3
Noise Justification: The article provides relevant information about Lidl being the cheapest supermarket and their expansion plans, but it lacks in-depth analysis or exploration of the reasons behind their success and potential consequences for other supermarkets.
Financial Relevance: Yes
Financial Markets Impacted: Lidl’s lower prices impact the competition among supermarkets and potentially affect their sales, while the new warehouse may impact local job market and infrastructure development.
Financial Rating Justification: The article discusses Lidl’s position as the cheapest supermarket and its impact on competitors, as well as the creation of jobs through a new warehouse. This has financial relevance as it involves pricing strategies and business growth in the supermarket industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text.
www.retailsector.co.uk 
