SHARE

Lidl Denies Exit Plans For Switzerland

The Schwarz Group-owned retailer has publicly denied that it is planning to exit Switzerland. Speculation of a withdrawal mounted after the departure of long-standing country director Andreas Pohl, with successor Matthias Oppitz reportedly asked to reduce operational costs for Lidl in Switzerland.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.