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...
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Jan 222 min read
Research: Who is actually owning Action?
Discount Variety Retail Chain Action is known for the typical blue Action logo on the big white shopping bags. Even though there are now...
Jan 91 min read
UK: Discounter B&M keeps profit outlook after Christmas sales rise
Discount Retail Variety Chain B&M kept its full-year profit outlook as it reported a 5.0% rise in revenue over the Christmas quarter,...
Nov 14, 20232 min read
UK: B&M raises profit guidance as it announces store expansion plans
Discount Variety Retail Chain B&M has increased its full-year profit outlook after posting a strong uplift in first-half sales and...
Nov 9, 20232 min read
Netherlands: Wibra's KVI is their PL brand Dasty and brings in millions in profit
Discount Textile Retail Chain Wibra has compared to 2021, 2022 "a financially good year". The corona restrictions were limited to the...
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...
Jun 26, 20232 min read
UK: B&M sees higher profit as Britons hunt for bargains
Discount Retail Chain B&M (listed on FTSE) on Wednesday forecast higher core earnings for its 2023-24 financial year, as customers snap...
Jun 7, 20232 min read
USA: Five Below on track to open 200-plus stores; convert 400 stores to new format
Discount Variety Retail Chain Five Below (listed NASDAQ: FIVE) is continuing its aggressive expansion even as its customers face...
Jun 6, 20232 min read
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...
Jun 5, 20232 min read
Netherlands: Turnover growth textile discounter Zeeman continues
Discount Textile Retail Chain Zeeman (Dutch family owned) will grow its 'consumer turnover' by 115.3 million euros in financial year...
Nov 17, 20222 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...
Oct 27, 20221 min read
Portugal: Discounter Biedronka sales increases 21.6% to €4.4 billion, Ara's 64%
Portugal's second-largest retailer Jerónimo Martins has posted a 14% rise in third-quarter net profit, as soaring inflation drove sales...
Jun 22, 20221 min read
Latvia: turnover of Lidl Latvija exceeded 101 million euros
Discount Retail Chain Lidl Latvija (owned by the German Schwarz Group) has a turnover of 101.42 million euros (US$ 106 million) from...
Jun 1, 20223 min read
USA: Dollar General pushes ahead with brick-and-mortar expansion
Discount Retail Chain Dollar General (listed NYSE: DG) continued to drive growth in its store base in announcing increased sales for the...
Jun 1, 20222 min read
UK: B&M posts flat full year profits
Discount Variety Retail Chain B&M (listed on LON: BME) has seen its full year revenues decline by 2.7% year-on-year to £4.67 billion (US$...
Mar 29, 20222 min read
UK: Bestway Wholesale boosts revenues by 10%
Discount Wholesale and Retail Chain Bestway Wholesale (owned by Anwar Pervez) has reported 10% growth in revenues during 2021 to £2.66...
Nov 28, 20212 min read
UK: Lidl NI hails 'impressive' 24% rise in turnover
Discount Retail Chain Lidl (owned by the German Schwarz Group) increased turnover in Northern Ireland by almost a quarter in the period...
Aug 29, 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...
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