The German grocery store chain Lidl has since scaled into several other regions, and in 2017, it entered the United States. However, most people who’re considering investing in the supermarket industry don’t know if they can buy the Lidl stock or not. In the paragraphs below, there’s everything you need to know about buying Lidl stocks.
Why Can’t You Buy Lidl Stock?
Though Lidl hasn’t officially stated the reasons why it didn’t list its stock in the stock exchange market, there has been speculation such as:
To Keep The Brand’s Vision In The Bloodline: Lidl is a family-owned private company; Josef Schwarz founded its parent company, Schwarz Gruppe, in the 130s and the 1970s, and he partnered with A.Lidl to expand the business and open the first Lidl store. Josef and his partner kept up the business until after his death when Dieter Schwarz, Josef’s son, took over and became the CEO. With this bit of Lidl background, one can see that they love keeping the business within the family.
Slow and Meticulous Scaling: Since Dieter has taken over the company, it has used a slow and well-organized system designed grocery store chain across and beyond Germany without needing public investors hence the stocks aren’t listed.
Few Employees And Small Stores: unlike some of its other competitors, Lidl stores are smaller and have few workers, thus making it easy to manage the company and invest in its profits.
Will Lidl Ever Go Public?
Whether or not Lidl has plans to ever list its stock publicly in the nearest or later future is not known yet. But it will help if you don’t bank on the idea because they’ve been expanding for a while now and are still yet to make such changes.
What Stock Can You Invest In Instead Of Lidl?
Investing in grocery chains is always going to be profitable because people can’t do without going grocery shopping. While you can’t invest in Lidl, you can invest in many other grocery store chains. Some of these includes:
Walmart: Walmart is a family-owned American multinational supermarket chain that is publicly traded. With over 10,000 stores worldwide and over 2 million employees, it’s the largest retailer in 2022, thus making it a good choice for investment. Walmart stocks are on the New York Stock Exchange with a symbol of WMT.
Target: This store chain is one of the largest retail chains in the United States. It operates in about 2,000 stores worldwide with a net worth of $66.02B as of July 01, 2022. You can find Target stocks listed on the New York Exchange Stock with the symbol TGT.
Kroger: This chain of grocery stores is the country’s largest supermarket chain by revenue. It is another store you can invest in with a net worth of $34.45B as of July 01, 2022. You can find Kroger’s stock on the New York Stock Exchange with the symbol KR.
FoodLion: This American grocery store chain operates over 1100 supermarkets in 10 states of the Mid-Atlantic and Southeastern United States. This publicly-traded company was operating autonomously, but now it’s owned by Ahold Delhaize. This is a great alternative to invest in; you can find its stocks in the US market as ADRNY.
Final Thoughts.
You can’t buy Lidl stocks for some reason. It’s not listed in the stock market. And for individuals looking to invest in the rapidly growing supermarket industry, there are alternative stocks to purchase. But before investing in stocks, ensure you research properly or, better still, talk to a professional financial advisor.
What Does Lidl Sell?
Lidl sells products like eggs, milk, dairy, baked goods, cereals, beer, meat, vegetables, fresh fruits, wine, and many other groceries.
Why Are Lidl Stocks In High Demand?
Lidl stocks are high in demand because
The grocery retail industry has been growing, and investors are looking to invest. And Lidl is a good potential business to invest in not only because its business is expanding from time to time and its profit margin is increasing but also because its economic value has increased over the years.
Does The Same Company own Lidl And Aldi?
Different companies own Lidl and Aldi. Lidl doesn’t in any way own Aldi; Lidl is owned by the Schwartz group, while this group does not own Aldi.
