In Germany, we have Pfand, which means: You pay 25 cents more for a bottle of water and get it back when you return the empty bottle.
And when you return it to LIDL (supermarket), they give you the choice to donate those 25 cents to charity or keep it for yourself. The family behind LIDL is the richest in Germany…
I shop at LiDL here in the US. It’s interesting that they’re doing so well when they have much lower prices and pay their employees better than other grocery stores in the area, yet these other stores claim to be barely scraping by or even losing money.
They are probably working on lower margins in the US for a few years to gain market control. They got rich in Europe they can break even in the us and still win.
Also they own “Schwarz Gruppe” which is a huge conglomerate including lidl. They also have cloud hosting, publishing, research etc. They are aiming to be the european alphabet (Google)
The outcome is neutral for LIDL they don’t get the deposit money either way. If anything they would prefer you don’t return the bottles at all, since it would avoid processing costs and depending on the distribution agreement they might even pocket part of the deposit.
This - the dirty secret of most rebates and coupons is that without them customers don’t buy the product as much. But then for those who don’t have the discount still but for the increased price.
THEN most charities offered are in affiliating with the offering corp. Meaning they get tax write offs and a portion of the donation through their offering. The donation is made in the business name, not yours.
If you don’t return it or discount, they pocket it.
In Germany, we have Pfand, which means: You pay 25 cents more for a bottle of water and get it back when you return the empty bottle.
And when you return it to LIDL (supermarket), they give you the choice to donate those 25 cents to charity or keep it for yourself. The family behind LIDL is the richest in Germany…
I shop at LiDL here in the US. It’s interesting that they’re doing so well when they have much lower prices and pay their employees better than other grocery stores in the area, yet these other stores claim to be barely scraping by or even losing money.
They are probably working on lower margins in the US for a few years to gain market control. They got rich in Europe they can break even in the us and still win.
Also they own “Schwarz Gruppe” which is a huge conglomerate including lidl. They also have cloud hosting, publishing, research etc. They are aiming to be the european alphabet (Google)
When can I get onto the European search engine alternative?
www.qwant.com
I’m torn, is there a good bit in the first half or is it all a scam to guilt us into losing money and LIDL still comes out on top on average?
The outcome is neutral for LIDL they don’t get the deposit money either way. If anything they would prefer you don’t return the bottles at all, since it would avoid processing costs and depending on the distribution agreement they might even pocket part of the deposit.
This - the dirty secret of most rebates and coupons is that without them customers don’t buy the product as much. But then for those who don’t have the discount still but for the increased price.
THEN most charities offered are in affiliating with the offering corp. Meaning they get tax write offs and a portion of the donation through their offering. The donation is made in the business name, not yours.
If you don’t return it or discount, they pocket it.