Lidl Supermarkets, Boosting Canary Islands Economy

Lidl Logo

Lidl the German discount supermarket chain has announced a major expansion plan in the Canary Islands. The company has been trying to open in the area for some time, but local businesses were contesting that allowing them to open in the Canary Islands would be to a detrimental affect. A new EU directive due next year, will help Lidl with their company’s pricing policy.

Twelve stores are planned in the Canary Islands:

Tenerife are to have six stores in Santa Ursula, Puerto de la Cruz, La Laguna, Granadilla, Las Chafiras & Adeje with a distribution depot in Guimar.

Gran Canaria will have four stores at locations to be confirmed.

Both Lanzarote and Fuerteventura will have one store each.

Work has already started on the Lanzarote Lidl store, it will be in Arrecife next door to Ikea on the Carretera de los Marmoles, which runs from Arrecife towards Costa Teguise. Lidl have already confirmed that the opening of their stores will be a boost for the local economy, creating 500 permanent jobs and many temporary construction jobs. They also promise to use local contractors, hiring Canarian residents and sourcing many local products.

Lidl supermarket in construction Lidl construction signs

Eurospar Supermarket

Deiland Shopping Centre & HiperDino Supermarket