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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...
Oct 30, 20232 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 24, 20231 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...
Aug 16, 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...
May 25, 20232 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...
Apr 20, 20231 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...
Nov 17, 20222 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 28, 20221 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...
Mar 27, 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...
Jan 9, 20222 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...
Oct 31, 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 18, 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...
Sep 9, 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...
Aug 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 29, 20212 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 17, 20217 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...
Jul 1, 20212 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 24, 20211 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%...
Jun 8, 20212 min read
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