May 4, 20232 min read

USA: Five Below to open 200-plus stores, convert 400 locations to higher-price format

Discount Variety Retail Chai Five Below (listed NASDAQ: FIVE) has laid out ambitious store plans for 2023. The tween and teen discounter...

May 4, 20233 min read

Portugal: Jerónimo Martins' profits grow 59% between January and March

Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...

Nov 1, 20223 min read

Spain: DIA increases sales 4.1%

Discount Retail Chain Dia Spain (owned by LetterOne) has reached net sales of 3.27 billion euros during the first nine months of its...

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...

Apr 7, 20222 min read

Austria: Lidl sees growth in net sales, market share in FY 2021

Discount Retail Chain Lidl Austria (owned by Schwarz Group) has reported net sales growth of 2% to around €1.5 billion (US$ 1.65Bn) in...

Feb 13, 20222 min read

Spain: Lidl increases its impact on GDP by 13% in 2020, with sales of US$7.4Bn

Discount Retail Chain Lidl Spain (owned by the German Schwarz Group) makes a firm commitment to local products and producers,...

Jul 20, 20211 min read

Germany: Lidl's turnover is US$ 116billion, Kaufland's turnover is US$ 31billion in FY2020

Discount Retail Chain Lidl's (owned by the German Schwarz Group) turnover is EUR 96.3 billion (US$ 115.6Bn), Kaufland's turnover is EUR...

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