Feb 132 min read

Netherlands: Action is worth more than Carrefour and Ahold Delhaize

Discount Variety Retail Chain Action, owned by 3i group, is worth 29.4 billion euros, according to its owner, investment fund 3i. That is...

Poland: €15.8 billion revenues in Biedronka's after three quarters

Oct 30, 20232 min read

Europe

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 reaches milestone, 1st quarter to hit US $1 bn. in net sales

Aug 9, 20232 min read

Americas

USA: Grocery Outlet reaches milestone, 1st quarter to hit US $1 bn. in net sales

Discount Retail Chain Grocery Outlet (listed on the US Nasdaq: GO) is the fast-growing West Coast discounter. It's net sales increased by...

Poland: Poundland owner Pepco posts strong sales thanks to store expansion strategy

Jun 6, 20232 min read

Europe

Poland: Poundland owner Pepco posts strong sales thanks to store expansion strategy

Discount Variety Retail Chain Poundland owner Pepco has posted an 11% increase in sales and 23% boost in revenue as trading remained...

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...

May 15, 20231 min read

Europe

Turkey: BİM announces Q1 results

Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) has reported a net income of 1.35 billion Turkish Liras for the...

Netherlands: Action is growing fast everywhere

May 12, 20231 min read

Europe

Netherlands: Action is growing fast everywhere

Discount Variety Retail Chain Action (owned by PE investor 3I group) achieved a turnover growth of 36% in the first quarter. In the first...

Portugal: Jerónimo Martins' profits grow 59% between January and March

May 4, 20233 min read

Europe

Portugal: Jerónimo Martins' profits grow 59% between January and March

Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...

Poland: Dealz Owner Pepco Sees Strong Demand Despite Economic Uncertainty

Oct 24, 20222 min read

Europe

Poland: Dealz Owner Pepco Sees Strong Demand Despite Economic Uncertainty

Discount Retail Chain Pepco Group (Warsaw stock exchange listed and Steinhoff International owned), operator of European discount...

UK: Pepco Group Core Earnings Rise 46%, Boosted By New Store Openings

Dec 19, 20212 min read

Europe

UK: Pepco Group Core Earnings Rise 46%, Boosted By New Store Openings

Discount Retail Chain Pepco Group (owned by Steinhoff International and listed ), which operates the PEPCO, Poundland and Dealz discount...

UK: Pepco Group reports like-for-like sales growth of 6.5 percent

Oct 16, 20212 min read

Europe

UK: Pepco Group reports like-for-like sales growth of 6.5 percent

Discount variety Retail Chain Pepco Group (listed and owned by Steinhoff International) reported in its update for the financial year...

Belarus: Eurotorg Sees Net Retail Sales Up 10.5% In First Half

Sep 18, 20212 min read

Europe

Belarus: Eurotorg Sees Net Retail Sales Up 10.5% In First Half

Discount Retail Operating Chain Eurotorg and Belarus' biggest retailer has reported a 10.5% year-on-year growth in net retail sales to...

Germany: Interview Lebensmittelzeitung DRC Discount Retail Consulting GmbH

Mar 8, 20212 min read

Europe

Germany: Interview Lebensmittelzeitung DRC Discount Retail Consulting GmbH

Mr. Houppermans, why are #Aldi and #Lidl in Germany currently lagging behind those of the major supermarket operators in terms of their...

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