HOLMDEL, NJ: Best Market in Holmdel, with nearly 50 employees, is reported to close by the end of February. In 2019, Lidl bought 27 Best Market stores in New York and New Jersey. The Holmdel location is now owned by Lidl and the company has decided to phase out the Best Market location there. Lidl has reported that they will offer all the existing Best Market employees job positions at Lidl locations, with the same or better pay and benefits. The closest Lidl location to Holmdel is right down the street on highway 35 in Hazlet. 

Lidl was founded 1973, in Ludwigshafen, Germany with one small store with 3 employees. Today Lidl has 10,800 stores in 32 countries. In June 2015, Lidl established their U.S. headquarters in Arlington, Virginia. There are more than 70 stores in nine states across the East Coast. It is not clear at this time what Lidl will do with the space that Best Market is moving out of in Holmdel.   More to come...