USA: Ross Stores to open 90 new stores in 2024
Discount Variety Retail Chain Ross Stores easily topped expectations for its fourth quarter, but warned that housing, food and gasoline...
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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...
Dec 12, 20232 min read
UK: Aldi predicts biggest Christmas on record
Discount Retail Chain Aldi UK, German family owned, is on course for a record-breaking Christmas, as it predicts more UK households will...
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...
Nov 2, 20232 min read
Ireland: Aldi will move quickly to cut prices as conditions improve
Discount Retail Chain Aldi Ireland says it has seen notable changes in the habits of grocery shoppers, which has been accelerated by...
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 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...
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...
Aug 24, 20231 min read
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...
Aug 16, 20232 min read
USA: Grocery Outlet is having an historic year
Discount Retail Chain Grocery Outlet's (listed on Nasdaq: GO) unique business model is one of the many factors helping the retailer...
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, 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 3, 20232 min read
Sweden: Record year, Lidl Sweden grew by 18 per cent in 2022/23
Discount Retail Chain Lidl Sweden's (owned by the German Schwarz Group) financial statements for the last financial year, 1 March 2022 –...
Jul 3, 20234 min read
Germany: Aldi Nord increases sales by 9.3%
Discount Retail Chain Aldi Nord (German family owned) the parent company of the brand in Spain, Portugal, Belgium, Denmark, France,...
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...
May 25, 20232 min read
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 10, 20231 min read
Turkey: Şok increased its net sales revenues in the Q1
Discount Retail Chain Şok Marketler's (listed TYR: SOKM) first quarter net sales revenues increased by 103.6 per cent to TL 20.8 billion...
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