Jun 3, 20212 min read

UK: B&M posts strong full year profit uplift

Discount Variety Retail Chain B&M saw its group statutory pre-tax profit climb by 108.5% to £525.4 million (US$745 million) in the year...

May 14, 20213 min read

Romania: 19% increase in turnover, and a 54% increase in profit in 2020 for Penny

Discount Retail Chain PENNY Romania (owned by the German REWE Group), ended last year with a turnover of 4.73 billion lei (US$ 1.2...

May 14, 20213 min read

Lithuania: how Lidl established itself in the country's retail market after 5 years

Discount Retail Chain Lidl Lithuania (owned by the German Schwarz Gruppe) had a successful entry into the market showing that it had not...

May 7, 20211 min read

Morocco: BİM sold 35% of its affiliate for US$ 83 million

Discount Retail Chain BİM (publicly listed and Turkish largest discount chain and market leader) announced that the sale of 35% shares in...

Apr 22, 20212 min read

Denmark: Salling Group record revenues in 2020, exceeding US$10 billion for the first time

Discount retail chain Netto's owner Salling Group announced record financial results for 2020. In the year of the COVID-19 pandemic, the...

Nov 25, 20202 min read

Netherlands: Non-food discounter Action presents €519m EBIT

Discount non-food Retail Chain Action (owned by PE 3i Group) has significantly increased its profitability in the past 12 months. The...

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