Schwarz Gruppe

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Schwarz Group
TypePrivate
IndustryRetail
Founded1930; 92 years ago (1930)
HeadquartersNeckarsulm, Germany
Area served
Europe and US
Key people
Dieter Schwarz (Owner)
BrandsLidl
Kaufland
Revenue€ 125.3 billion (FY 2020/21)
Number of employees
500,000 (FY 2020/21)
Websitehttps://gruppe.schwarz/en
Shareholdings within the Schwarz Group
2021

The Schwarz Group is a family-owned multinational retail group that operates grocery shops under the Lidl and Kaufland brands. It is the largest European retailer[1] and the fourth-largest retailer in the world by revenue.[2] The Schwarz Group stores sell mostly private label brands and Schwarz group also operates own production facilities for baking goods, soft drinks or ice cream.

History[]

Schwarz Group was founded by Josef Schwarz (1903–1977), father of Dieter Schwarz, in 1930.[3] It is headquartered in Neckarsulm, Baden-Württemberg, Germany. The Schwarz Group is an international trading company with 500,000 employees and operates over 12,900 stores in 2021 across 33 countries. It is made up of the two retail divisions Lidl and Kaufland. In addition to the retail business, the Schwarz Group also owns brands in the beverages, baked goods, sweets and ice cream sector. The Schwarz Group has been involved in the collection, sorting, and recycling of recyclable materials for many years.[4] With the Dieter Schwarz Foundation, the company supports education primarily in Dieter Schwarz's hometown Heilbronn.[5]

The company had a €125.3 billion turnover in the 2020/2021 fiscal year.[6]

References[]

  1. ^ "Retail Index". Retrieved 2020-08-06.
  2. ^ "10 biggest retailers in the world". Retrieved 2020-08-06.
  3. ^ "#38 Dieter Schwarz". Forbes. Retrieved December 19, 2021.
  4. ^ "Lidl-Mutterkonzern steigt in das Geschäft ein mit dem Müll". Retrieved 2020-11-10.
  5. ^ "Dieter Schwarz Stiftung". Retrieved 2020-08-06.
  6. ^ "Lidl und Kaufland schrauben Umsatz auf 122 Milliarden Euro hoch".
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