The Schwarz Group is a German multinational retailer that operates stores under the Lidl and Kaufland brands. With revenues of €175.4 billion in fiscal year 2024,[1] Schwarz Group is the largest European retailer[2] and the fourth-largest retailer in the world by revenue.[3] The Schwarz Group's stores sell mostly private label brands, and the family-owned group also operates its own production facilities for baked goods, soft drinks and ice cream.
History
The business was founded in 1930 by Josef Schwarz (1903–1977), father of Dieter Schwarz.[4] It is headquartered in Neckarsulm,