Mar 132 min read

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...

Research: Who is actually owning Action?

Jan 222 min read

Europe

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...

UK: Aldi predicts biggest Christmas on record

Dec 12, 20232 min read

Europe

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

Europe

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...

Ireland: Aldi will move quickly to cut prices as conditions improve

Nov 2, 20232 min read

Europe

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...

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...

India: DMart's revenue jumps almost 20% in Q2 YoY

Oct 4, 20231 min read

Asia

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...

France: Action revolutionizes consumption in an innovative & sustainable way at Paris Retail Week

Sep 27, 20233 min read

Europe

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...

UK: Aldi to invest £1.4bn in expansion spree as profits triple

Sep 25, 20232 min read

Europe

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...

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 is having an historic year

Aug 16, 20232 min read

Americas

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...

Netherlands: Action valuation up more than €2 billion in six months

Jul 24, 20233 min read

Europe

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...

Spain: Lidl Spain revenues reach 6 billion euros, 18% plus

Jul 20, 20233 min read

Europe

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%...

Sweden: Record year, Lidl Sweden grew by 18 per cent in 2022/23

Jul 3, 20232 min read

Europe

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 –...

Germany: Aldi Nord increases sales by 9.3%

Jul 3, 20234 min read

Europe

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,...

USA: Five Below on track to open 200-plus stores; convert 400 stores to new format

Jun 7, 20232 min read

Americas

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...

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...

Turkey: Şok increased its net sales revenues in the Q1

May 10, 20231 min read

Europe

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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