Schwarz Gruppe

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Schwarz Group
TypePrivate
IndustryRetail
Founded1930; 91 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 group operates supermarkets in most European countries and is currently expanding in the United States. A planned market entry to Australia was cancelled on short notice. The Schwarz Group stores sell mostly private label brands and Schwarz group also operates own production facilities for baking goods, softdrinks or ice cream.

Corporate[edit]

Schwarz Group is headquartered in Neckarsulm, Baden-Württemberg, Germany. It was founded by Dieter Schwarz and achieved a turnover of € 125.3 billion in the fiscal year 2020/2021.[3] The Schwarz Group is a leading international trading company with 500,000 employees and operated 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 has continuously expanded its portfolio to include production capacities for food. These include own 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] The sales brand PreZero is the group-wide disposal and recycling service provider for this.[5]

With the Dieter Schwarz Foundation, the company is supporting education and science primarily in Dieter Schwarz's hometown Heilbronn.[6]

References[edit]

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