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...
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Aug 9, 20231 min read
Germany: Penny joins Science Based Targets initiative (SBTi)
Discount Retail Chain Penny Germany (owned by the German REWE Group) have committed to setting short- and long-term company-wide...
Aug 6, 20231 min read
Research: Living with and responding to uncertainty – The State of Grocery Retail 2023
For the European grocery sector, 2022 was all about inflation and growing consumer price sensitivity. This led to the biggest decrease in...
Aug 6, 20231 min read
Vietnam: Mr DIY enters with its first store
Discount Variety Retail Chain Mr DIY (listed at XKLS: MRDIY) has launched its first brick-and-mortar store in Vietnam, as it accelerates...
Aug 6, 20232 min read
Germany: Discounter Penny trials charging true climate cost of foods
Discount Retail Chain Penny Germany (owned by the German REWE Group) raises price of products including wiener sausage, cheese and...
Aug 6, 20231 min read
North Macedonia: Lidl enters with its first store
Discount Retail Chain Lidl North Macedonia (owned by the German Schwarz Group) enters the North Macedonian market with the construction...
Aug 6, 20232 min read
Research: Private label accounts for nearly 22% of global grocery spend
New research from Market Reseach company Kantar has found that private labels currently account for nearly 22% of global grocery spend,...
Jul 31, 20231 min read
Turkey: ŞOK launches new loyalty programme Win
Discount Retail Chain ŞOK (owned by the Turkish YILDIZ Holding) organises campaigns for its customers every week in different product...
Jul 24, 20231 min read
Germany: AI reduces food waste for retailers
In a 2021 study, the UN estimated that 17 per cent of total food produced for human consumption goes to waste at the retail and consumer...
Jul 24, 20233 min read
Netherlands: Action valuation up more than €2 billion in six months
Discount Variety Retail chain Action (owned by PE 3iGroup) does not appear to be affected by inflation or an impending recession. Higher...
Jul 20, 20232 min read
France: Lidl France interested in acquiring 600 Casino and Monoprix stores
Discount Retail Chain Lidl France (owned by the German Schwarz Group) is believed be interested in acquiring 600 stores operating under...
Jul 20, 20231 min read
Netherlands: New Action stores increase turnover
Discount Variety Retail Chain Action (owned by PE company 3i group) has again experienced strong growth in the first six months of this...
Jul 20, 20232 min read
Research: US Private Label sales rose 8.2% in first half of this year
For the first half of 2023, private label or so called store brands continued to post record sales and share as they have for the past 18...
Jul 20, 20233 min read
Spain: Lidl Spain revenues reach 6 billion euros, 18% plus
Discount Retail Chain Lidl Spain (owned by the German Schwarz Group) achieved a net sales in Spain of 6,08 billion euros in 2022, 18%...
Jul 20, 20233 min read
Poland: Biedronka and Powerdot revolutionize the charging network
Discount Retail Chain Biedronka (owned by Portuguese Jeronimo Martins) entry into the world of electromobility, every corner of the...
Jul 18, 20233 min read
Poland: Biedronka could scare Tesco again
Discount Retail Chain Biedronka, owned by Portuguese Jeronimo Martins, will soon appear on the next market, such as the Czech Republic...
Jul 4, 20232 min read
Georgia: Ukrainian variety discounter OnePrice in Tbilisi
Discount Variety Retail Chain OnePrice (co-founded by Levan Paikidze) appeared in Tbilisi. As the company's marketing manager Maia...
Jul 4, 20233 min read
Poland: Action already has 4,000 employees in Poland and will hire more
Discount Variety Retail Chain Action (owned by 3i Group), the fastest growing chain of non-food discount stores in Europe, already...
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