Poland: €15.8 billion revenues in Biedronka's after three quarters
Discount Retail Chain Biedronka's (owned by Portuguese Jeronimo Martin's) revenues increased with 21.7% until Q III to €15.8 Bn. In Q3...
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Aug 24, 20231 min read
Turkey: BİM announces 2023 Q2 financial results
Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) posted TL 57.88 billion sales revenue and TL 2.85 billion net...
Aug 16, 20232 min read
USA: Grocery Outlet is having an historic year
Discount Retail Chain Grocery Outlet's (listed on Nasdaq: GO) unique business model is one of the many factors helping the retailer...
May 25, 20232 min read
Germany: Lidl and Kaufland grow at a stable level
Discount Retail Chain Lidl's owner, the German Schwarz Group, have successfully completed the 2022 financial year and, with over 575,000...
Apr 20, 20231 min read
Poland: Poundland-owner Pepco sales jump as shoppers seek value
Discount Non-food Retail Chain Pepco Group (listed WSE:PCO) has reported a 22.8% increase in first-half revenue, driven by strong demand...
Nov 17, 20222 min read
UK: Lidl profits quadruple as it wins £58m from big grocers in past month
Discount Retail Chain Lidl GB (owned by the German Schwarz Group) full-year profits more than quadrupled as it continues to win spend...
Mar 28, 20221 min read
Germany: Lidl sells almost 4 times more than Kaufland
Discount Retail Chain Lidl (owned by the German Schwarz Group) and Kaufland, recorded revenues of EUR 125.3 billion (US$ 138Bn) in the...
Mar 27, 20222 min read
Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn
Discount Variety Retail Chain Action (owned by PE firm 3i Group) who sees it as a cheap Chinese rubbish under cheap fluorescent lighting...
Jan 9, 20222 min read
UK: Discounter B&M expecting annual profit ahead of estimates
Discount Variety Retail Chain B&M (privately owned by the UK investors Simon and Bobby Arora) has forecast that its annual profit will be...
Oct 31, 20212 min read
Poland: LfL Biedronka sales up by 7.8 percent. The chain targets 100 new stores in 2021
Discount Retail Chain Biedronka (owned by Jeronimo Martins) achieved sales of EUR 10.6 billion (US$12.7Bn). In PLN, sales increased by...
Sep 18, 20212 min read
USA: Five Below Q2 earnings more than double; on track to open 170 - 175 stores this year
Discount Variety Retail Chain Five Below (listed on NASDAQ: FIVE) is on track to end the year with 1,200 stores. Five Below has opened...
Sep 9, 20212 min read
UK: Poundstretcher records an US$111 million turnaround in profits in one year
Discount Retail Chain Poundstretcher (family owned) has bounced back in the space of just one year since being forced to enter a CVA in...
Aug 29, 20212 min read
Australia: The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’
Discount Retail department store Chain The Reject Shop’s full year results tell an interesting story one of business suffering under the...
Jul 29, 20212 min read
Portugal: Jerónimo Martins' profits increase 78.9% in H1 2021
Owner of Discount Retail Chain Biedronka (Poland) and ARA (Colombia) Jerónimo Martins closed the first half with a net profit of 186.1...
Jul 17, 20217 min read
Netherlands: Pepco Group strong rebound in turnover thanks to growth strategy
Discount Retail Chain Pepco Group (owned by Steinhoff International and listed WSE: PCO) sums up the third financial quarter ended June...
Jul 1, 20212 min read
Norway: Europris shattered expectations - best first quarter ever
Discount Retail Chain Europris (Oslo stock listed) had to close ten percent of its stores in the first quarter. It did not stop them from...
Jun 24, 20211 min read
UK: Pepco Group posts increase in first half sales and profit
Pepco Group, the owner of the Discount Variety and Textile Retail Chains Pepco and Dealz brands in Europe and Poundland in the UK, saw...
Jun 8, 20212 min read
USA: Five Below Adding Associate-Assisted Self-Checkout to 250 Stores
Discount Retail Chain Five Below (publicly listed NYSE: FIVE) said it will add Associate Assisted Self-Checkout (ACO) to be in over 60%...
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