Philippines: DALI still in red, but sees rosy prospects
Discount Retail Chain DALI Everyday Grocery remains in the red three years after opening its first store in the country. Hard Discount...
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Apr 261 min read
Canada: BİM and Lidl on expansion claims
Discount Retail Chain BİM`s CEO Haluk Dortluoğlu made a statement about the investment news in the Canadian press. According to Canadian...
Apr 111 min read
Germany: Schwarz Group invests 200 million euros in e-commerce development
Discount Retail Chain Lidl's owner Schwarz Group has announced plans to invest 200 million euros in its online business Schwarz Digits....
Jan 12 min read
Sweden: Home & Leisure retailer Rusta increased sales in all their markets
Rusta increased sales across all markets during the second quarter, August to October. Net sales amounted to MSEK 2,642 for the quarter,...
Apr 20, 20232 min read
Sweden: Rusta reaches 200 stores and wants to grow further
Discount Home and Leisure Retail Chain Rusta from Sweden (privately owned) celebrates the opening of the 200th store in Kerpen (near...
Apr 5, 20233 min read
Germany: Schwarz Group develops mega AI innovation location in Heilbronn
Schwarz Group owner of Lidl and Kaufland has been investing in the region around and in Heilbronn for some time. In the city centre,...
Apr 5, 20231 min read
UK: Aldi will not halt ‘relentless’ roll out of UK stores despite sabotage by rivals
Discount Retail Chain Aldi UK and Ireland boss Giles Hurley has said the discounter’s “relentless” expansion of new stores will not pause...
Mar 30, 20232 min read
Philippines: Creador invests US$55m in DALI discount Stores
Discount Retail Chain DALI Philippines (owned by DALI Switzerland), received an investment of the Malaysia-headquartered private equity...
Mar 30, 20232 min read
Portugal: Lidl invests 110 million euro in its largest logistics warehouse
Discount Retail Chain Lidl Portugal (owned by the German Schwarz Group) launched the first symbolic stone of the new warehouse in Loures,...
Mar 23, 20231 min read
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...
Jan 30, 20232 min read
UK: Lidl to invest £4bn. into British food industry
Lidl is set to make a £4 billion investment into the British food industry this year to support suppliers across the country. This looks...
Jan 18, 20232 min read
Spain: Aldi will open a new DC in 2024
Discount Retail Chain Aldi Spain (German family owned), which announced that it will open next year its new logistics center, located in...
Dec 5, 20222 min read
Austria: GiFi enters Austria
Discount Non-Food Retail Chain GiFi (French family owned) the French market leader in household and family items is opening its first...
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