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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...
Oct 30, 20234 min read
Switzerland: Action is at the bottom of the price range
Discount Retail Chain Action (owned by UK based PE 3i Group) wants to expand into Switzerland. In an interview, HSG Professor Thomas...
Oct 23, 20232 min read
UK: Lidl GB now the third largest supermarket in London
Discount Retail Chain Lidl GB (owned by the German Schwarz Group) is now the third largest supermarket in London after overtaking Asda...
Oct 22, 20232 min read
Poland: Pepco will open about 400 stores in the coming financial year
Discount Textile Retail Chain Pepco Group (owned by WSE listed Pepco Group) has updated its strategy for the coming years. Its key area...
Oct 15, 20232 min read
Balkan: Lidl set to enter 4 Balkan countries
Discount Retail Chain Lidl is in the process of entering the markets of Bosnia and Herzegovina, Montenegro, North Macedonia and Kosovo,...
Oct 10, 20232 min read
Germany: Aldi wants to conquer Europe: it projects 700 new stores until 2026
Discount Retail Chain Aldi Nord's (German family owned) CEO, Torsten Hufnagel, wants to reach 6,000 European establishments in the next...
Oct 4, 20231 min read
India: DMart's revenue jumps almost 20% in Q2 YoY
Discount Retail Chain DMart (owned by Indian Avenue Supermarts Ltd) reported an 18.51% increase in its standalone revenue from operations...
Oct 2, 20231 min read
Germany: DRC comments on Schwarz Group Global Strategy
Discount Retail Chain Lidl's owning Schwarz Group CEO Gerd Chrzanowski was personally interviewed by Florian Kolf, a respected German...
Oct 2, 20231 min read
Spain: Lidl overtakes Mercadona as fastest-growing Spanish grocery chain
Discount Retail Chain Lidl Spain (owned by the German Schwarz Group) has reached a 6.3% share of Spain’s grocery retail sector, which is...
Sep 28, 20234 min read
Denmark: Swedish Big Dollar store continues to expand its store network in Denmark
Swedish Discount Variety Retail Chain Dollarstore (owned by the Finnish discount group Tokmanni Group) acquired in August, opens two new...
Sep 28, 20232 min read
Bulgaria: T-MARKET opens its 120th store
Discount Retail Chain T-MARKET (owned by the Lithuanian MAXIMA GRUPE) opened its 120th store in Sofia. Haskovo. It is located in HOLIDAY...
Sep 28, 20233 min read
Mexico: The significant growth of discount stores after Covid
Discount Retail Chains Tiendas 3B, Neto, Waldo's, Mi Super Bara and Willys went from 2,180 stores in 2019 to about 3,300 stores this year....
Sep 27, 20232 min read
Germany: Aldi's great potential for store project business developments
Discount Retail Chain Aldi Süd (German family owned) is making progress in modernising and expanding retail locations, while current...
Sep 27, 20232 min read
UK: Aldi reveals wishlist of new store locations
Discount Retail Chain Aldi UK has set out where it most wants to open new stores as it continues its expansion across the UK. The...
Sep 27, 20232 min read
Colombia: Ara expects to increase sales by 41% in Colombia and reach 1,300 stores
Discount Retail Chain Ara Colombia (owned by Portugues Jeronimo Martins) sales rose from 21 million euros in 2013 to 1.8 billion in 2022...
Sep 27, 20233 min read
France: Action revolutionizes consumption in an innovative & sustainable way at Paris Retail Week
Discount Variety Retail Chain Action France's managing director Wouter de Backer discusses the logistical challenges, corporate culture...
Sep 25, 20232 min read
UK: Aldi to invest £1.4bn in expansion spree as profits triple
Discount Retail Chain Aldi UK (German family owned) will invest £1.4bn over the next two years to support its expansion spree across the...
Sep 18, 20232 min read
UK: Lidl for now relaxed on losses and focuses on opportunities
Discount Retail Chain Lidl UK (owned by the German Schwarz Group) brushed aside a 76 million pound ($95 million) annual loss, saying the...
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