Low cost grocery store chain Lidl plans to open 40 new shops within the south-east of England.
The £500m funding will happen over 5 years and can embody a brand new UK head workplace in south-west London.
The transfer will create 1,500 new jobs, a lift for the standard retail sector which has seen high-profile retailer closures in recent times.
New store areas will embody Alperton, East Acton, Hackbridge and Watford. in addition to central London.
Lidl opened its first outlets within the UK in 1994 and now employs greater than 22,500 individuals in 760 shops.
It has a 5.eight% share of UK grocery spending, up from 5.four% a 12 months in the past, in keeping with analysis agency Kantar. Rival discounter Aldi has an eight% share.
Sainsbury’s, Morrisons, Tesco and Asda are all seeing their share of the market drop, though between them they nonetheless account for greater than two thirds of spending on grocery procuring.