Lidl eyes up Grafton Street
20 August 2008 | 0
German discounter Lidl is alleged to be considering a move to the Grafton Street neighbourhood, eyeing furniture store Habitat’s former Suffolk Street premises as a potential site.
According to reports, Lidl is only one of two businesses – the other an overseas bank – pitching for the lease of the enormous store, for which Habitat is seeking E2 million per annum.
Should Lidl be successful in its bid for the 2,157 sq m (9,025 sq ft) site, local supermarkets such as the Marks & Spencer on Grafton Street, and Dunnes Stores in the Stephen’s Green Shopping Centre, could be facing some serious low-price competition. The new Lidl would add to the growing number of discounters already in the city centre, such as the Lidl and Aldi stores on Parnell Street, Dublin 1.
Lidl is not the only big-name trader to have considered the site however. Nearby trader Avoca and US clothing giant Abercromie also took a look, the latter reporting they wouldn’t open a store anywhere near Grafton Street because of its poor image and unattractive mix of shops.