Mar 23, 20232 min read

Sweden: Lidl lowers and freezes the prices

Discount Retail Chain Lidl freezes the price of over a hundred commodities to curb inflation. "These measures will cost money, but we are...

Portugal: Jerónimo Martins sees inflation boost profits

Mar 23, 20232 min read

Europe

Portugal: Jerónimo Martins sees inflation boost profits

Portugal's second-largest retailer, Jerónimo Martins (owner of discount retail chains Biedronka in Poland and Ara in Colombia), has...

Netherlands: Discount chain Action makes more than billion euros in profit

Mar 23, 20231 min read

Europe

Netherlands: Discount chain Action makes more than billion euros in profit

Discount Variety Retail Chain Action (owned by 3i Group) posted an operating profit (EBITDA) of €1.2 billion in 2022. This is 45% higher...

Research: Dairy brands caught cold by price

Mar 21, 20233 min read

Europe

Research: Dairy brands caught cold by price

Dairy products are among the best-selling items in food retailing in Germany. But this is exactly where you can currently see best how...

UK: Iceland partners with Just Eat for rapid grocery delivery

Mar 21, 20232 min read

Europe

UK: Iceland partners with Just Eat for rapid grocery delivery

Discount Frozen Food Retail Chain Iceland has teamed up with Just Eat to offer shoppers a rapid grocery delivery service from over 200...

UK: How does the Plus App work and what do you get with it?

Mar 21, 20231 min read

Europe

UK: How does the Plus App work and what do you get with it?

Discount Retail Chain Lidl (owned by the German Schwarz Group) unveiled its Lidl Plus app back in 2020, but if you’re not already a...

Netherlands: Lidl ceases private label Delicieux and prolongs Deluxe

Mar 21, 20232 min read

Europe

Netherlands: Lidl ceases private label Delicieux and prolongs Deluxe

Discount Retail Chain Lidl (owned by the German Schwarz Group) puts an end to the name Delicieux and from now on sells its luxury private...

Netherlands: Wibra expands recycling program to more stores

Mar 17, 20231 min read

Europe

Netherlands: Wibra expands recycling program to more stores

Discount Textile Retail Chain Wibra and Impackt are expanding their pilot to more branches. The two companies have been conducting a...

Mar 16, 20231 min read

Europe

Turkey: BIM increased its net profit

Discount Retail Chain BİM (listed BİST: BIMAS) increased its net profit to 8.157 billion TL last year (€ 406 mio). BİM announced its...

Germany: ALDI invests more in own store real estate

Mar 10, 20232 min read

Europe

Germany: ALDI invests more in own store real estate

Discount Retail Chain Aldi Süd (German family owned) operates 1,980 stores in Germany alone, of which 1,283 (65%) are self-owned. In the...

Switzerland: Aldi completes upgrade its store network

Mar 10, 20232 min read

Europe

Switzerland: Aldi completes upgrade its store network

Discount Retail Chain Aldi Switzerland (German family owned) has completed the modernisation of its store network and expanded its...

Germany: Lidl is no longer competing in a price war with Aldi

Mar 9, 20231 min read

Europe

Germany: Lidl is no longer competing in a price war with Aldi

Discount Retail Chain Lidl Germany (owned by the German Schwarz Group) is pursuing a new pricing policy and is less geared towards its...

UK: Aldi ‘stepping up search’ for new store sites as part of £400m push

Mar 6, 20232 min read

Europe

UK: Aldi ‘stepping up search’ for new store sites as part of £400m push

Aldi is to invest £400m in store development over the coming year as it opens and refurbishes branches. The discounter said today it was...

Russia: Magnit announces new appointments for their new discount format - B1

Mar 6, 20232 min read

Europe

Russia: Magnit announces new appointments for their new discount format - B1

Retail chain Magnit appointed the main top managers in a new format of hard discounters. The first B1 stores opened last month. The...

Germany: TEDi expands its store network to Belgium and France

Mar 3, 20231 min read

Europe

Germany: TEDi expands its store network to Belgium and France

Discount Variety Retail Chain TEDi (owned by the German Tengelmann group) is coming to Belgium and France. The chain with 2,750 shops in...

Russia: Magnit launches its second discount concept B1

Feb 28, 20233 min read

Europe

Russia: Magnit launches its second discount concept B1

Russian largest retail chain Magnit (owned by Marathon Group and list on MCX: MGNT, LSE: MGNT) launches its second discount format B1....

France: Five things to know about Action, the rising discount champion

Feb 28, 20233 min read

Europe

France: Five things to know about Action, the rising discount champion

Discount Variety Retail Chain Action (owned by 3i group and eurofund V) has this effect on many customers: we enter with the idea of...

UK: Aldi aiming to ‘almost double’ its London store count

Feb 20, 20232 min read

Europe

UK: Aldi aiming to ‘almost double’ its London store count

Discount Retail Chain Aldi aims to “almost double” its 60-store London estate, creating about 2,400 jobs. The discounter has reiterated...

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