LIDL buys Madeira Wine block

Tobi Hughes·
Madeira News

The news that makes the headline in today’s edition of its DIÁRIO reveals that the supermarket chain LIDL, which is preparing to enter the regional market, bought the Madeira Wine block, next to the Red Cross.

The formalization of the deal of around 5 million euros took place in August. The company wants to open a supermarket, but for now it has a negative opinion from the councilor of the Funchal City Council. The matter will be analyzed and decided today at the weekly meeting of the municipality.

From Diário Notícias

This will be the second location for Lidl if approved.  This first will be where Aki use to be in Funchal close to Madeira shopping.

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Tobi Hughes

9 Responses

  3. Excellent news like ” Michael said I don´t believe LIDL will come until a shop is open…”

  4. I understand competition is great but can’t really understand all the fuss around Lidl. It is a normal supermarket, products aren’t really that great or diverse compared to others.

    1. Antonio, competition is great, it lowers prices. Let Pingo Doce beware. But many of the commentators on here spend between two and four weeks in Madeira per year and see no reason why their vision of Madeira be altered or improved for Madeirans by more housing, cheaper shopping, more air lines, hotels and job opportunities. Tobi gives a good, logical reason for refusal. But anything a little down market, Lidl, Ryan Air, mass tourism is generally frowned on.

  5. Change is never welcome George, also what you miss on your shopping list above, is tourists come for a few weeks,pockets lined with silver, but average Maderians get the copper coins, it has basically got one income stream, that dictates policy, until the islands economy is a lot more diverse it has a huge problem

    1. I live in Kidderminster, the home of carpets. You name it, we made the floor covering, the Royal Yacht, The Queen Mary, Hong Kong Airport. Three generations working for the same company. Twenty five factories, 15000 employees. Decent wages until you went to work at British Leyland and found out what they paid. We didn’t want any new industries in Kidderminster. As you say one income stream. Then in the early 60’s along came cheap Belgian carpet, laminated wood and tufted. I think there is one company left still producing carpet. The largest company, Brintons, now make in Portugal, Poland and India.

  6. I reakon Lidl have been done over I can’t see the other chain supermarkets letting this happen in Madeira can’t see it .

  7. Having more options is always best for the consumer. There may be many great reasons for not wanting the big chain stores in Madeira. Change is inevitable and the islanders will either adapt or perish. It’s as simple as that.
    The sad part is that the small businesses end up losing out and closing down.

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