Oct 30, 20232 min read

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...

Turkey: BİM announces 2023 Q2 financial results

Aug 24, 20231 min read

Asia

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...

USA: Grocery Outlet is having an historic year

Aug 16, 20232 min read

Americas

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...

Germany: Lidl and Kaufland grow at a stable level

May 25, 20232 min read

Europe

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...

Poland: Poundland-owner Pepco sales jump as shoppers seek value

Apr 20, 20231 min read

Europe

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...

UK: Lidl profits quadruple as it wins £58m from big grocers in past month

Nov 17, 20222 min read

Europe

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

Europe

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...

Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn

Mar 27, 20222 min read

Europe

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...

UK: Discounter B&M expecting annual profit ahead of estimates

Jan 9, 20222 min read

Europe

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...

Poland: LfL Biedronka sales up by 7.8 percent. The chain targets 100 new stores in 2021

Oct 31, 20212 min read

Europe

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...

USA: Five Below Q2 earnings more than double; on track to open 170 - 175 stores this year

Sep 18, 20212 min read

Americas

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...

UK: Poundstretcher records an US$111 million turnaround in profits in one year

Sep 9, 20212 min read

Europe

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...

Australia: The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Aug 29, 20212 min read

Oceania

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...

Portugal: Jerónimo Martins' profits increase 78.9% in H1 2021

Jul 29, 20212 min read

Europe

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...

Netherlands: Pepco Group strong rebound in turnover thanks to growth strategy

Jul 17, 20217 min read

Europe

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...

Norway: Europris shattered expectations - best first quarter ever

Jul 1, 20212 min read

Europe

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...

UK: Pepco Group posts increase in first half sales and profit

Jun 24, 20211 min read

Europe

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...

USA: Five Below Adding Associate-Assisted Self-Checkout to 250 Stores

Jun 8, 20212 min read

Americas

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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