Netherlands: Action is now worth more than AHOLD after profit jump
Discount Variety Retail Chain Action is already worth around 32 billion euros. This is more than the parent company of Albert Heijn,...
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Nov 112 min read
Turkey: Şok Marketler continues its steady growth
Discount Retail Chain Şok Marketler continued its steady growth in the first 9 months of the year and reached a turnover of 142.7 billion...
Sep 103 min read
UK: ALDI announces £800M investment in Britain after record sales last year
Discount Retail Chain Aldi UK has announced its largest ever package of annual investment to accelerate its expansion across Britain. ...
Aug 23 min read
Lithuania: Lidl fights to regain price leadership
Discount Retail Chain Lidl Lithuania is struggling to regain momentum. Last year, the Schwarz discounter posted the lowest revenue growth...
Aug 21 min read
UK: Aldi sells most British free-range eggs of all supermarkets
Discount Retail Chain Aldi UK sells more British free-range eggs than any other UK supermarket, according to the latest data from Kantar....
Jun 182 min read
Germany: Aldi wants higher sales, lower prices, smaller stores
Discount Retail Chain Aldi Nord recorded a 7.5% increase in sales last year, thanks to its international expansion. The German discounter...
May 73 min read
Research: The Rise of Private Label in Europe's Grocery Markets
According to the latest data from Circana, private label products have experienced significant growth across Europe's largest grocery...
Jun 8, 20232 min read
Canada: Dollarama profits skyrocket as consumers visit more often for bigger purchases
Sales in what was the company's first quarter totalled $1.29 billion Montreal-based Dollarama Inc. (TSX: DOL) enjoyed a 21%...
Jun 2, 20231 min read
Netherlands: Textile discounter Zeeman sees further increase in turnover
Zeeman recorded a net turnover of 774.2 million euros last year: a growth of 14.1 percent. Sales volumes rose slightly less rapidly, by...
May 15, 20231 min read
Turkey: BİM announces Q1 results
Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) has reported a net income of 1.35 billion Turkish Liras for the...
May 12, 20231 min read
Netherlands: Action is growing fast everywhere
Discount Variety Retail Chain Action (owned by PE investor 3I group) achieved a turnover growth of 36% in the first quarter. In the first...
May 10, 20231 min read
Turkey: Şok increased its net sales revenues in the Q1
Discount Retail Chain Şok Marketler's (listed TYR: SOKM) first quarter net sales revenues increased by 103.6 per cent to TL 20.8 billion...
May 9, 20233 min read
Denmark: Lidl will remove all tobacco products from shelves by 2029
Discount Retail Chain Lidl Denmark (owned by the German Schwarz Group) will be the first grocery chain in Denmark, Lidl will phase out...
May 4, 20232 min read
Spain: DIA Sales Increase 3.2% in Q1 2023, Spain drives results
Discount Retail Chain DIA (listed BMAD: DIA) has reported sales worth €1.78 billion in the first quarter of its financial year, up 10%...
May 4, 20232 min read
USA: Five Below to open 200-plus stores, convert 400 locations to higher-price format
Discount Variety Retail Chai Five Below (listed NASDAQ: FIVE) has laid out ambitious store plans for 2023. The tween and teen discounter...
May 4, 20233 min read
Portugal: Jerónimo Martins' profits grow 59% between January and March
Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...
May 2, 20232 min read
Italy: Todis exceeds €1 bn. in sales, opens 23 new stores in 2022
Italian franchise Discount Retail Chain Todis, owned by the Pac2000A Conad cooperative, exceeded the €1 billion sales milestone in 2022,...
Mar 18, 20233 min read
USA: Dollar General customers are buying groceries but skipping non-essentials
Discount Variety Retail Chain Dollar General (listed NYSE: DG) gets more customers that are shopping for cheap groceries, but it's not...
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