Mar 232 min read

Netherlands: Action published its 2023 financial results

Discount Variety Retail Chain Action’s net sales increased by 27.8% to €11.3 billion, largely as a result of like-for-like sales growth...

USA: Dollar General will test and learn from cashierless technology

Jul 3, 20232 min read

Americas

USA: Dollar General will test and learn from cashierless technology

Discount Variety Retail Chain Dollar General (listed NASDAQ: DG) is experimenting with cashierless technology in one of its North...

UK: B&M sees higher profit as Britons hunt for bargains

Jun 26, 20232 min read

Europe

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...

Poland: Poundland owner Pepco posts strong sales thanks to store expansion strategy

Jun 6, 20232 min read

Europe

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...

Netherlands: Turnover growth textile discounter Zeeman continues

Jun 5, 20232 min read

Europe

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...

May 15, 20231 min read

Europe

Turkey: BİM announces Q1 results

Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) has reported a net income of 1.35 billion Turkish Liras for the...

Netherlands: Action is growing fast everywhere

May 12, 20231 min read

Europe

Netherlands: Action is growing fast everywhere

Discount Variety Retail Chain Action (owned by PE investor 3I group) achieved a turnover growth of 36% in the first quarter. In the first...

Italy: Todis exceeds €1 bn. in sales, opens 23 new stores in 2022

May 2, 20232 min read

Europe

Italy: Todis exceeds €1 bn. in sales, opens 23 new stores in 2022

Italian franchise Discount Retail Chain Todis, owned by the Pac2000A Conad cooperative, exceeded the €1 billion sales milestone in 2022,...

Jul 10, 20222 min read

Europe

Italy: Lidl to open 150 new stores by 2024

Discount Retail Chain Lidl Italia (owned by the German Schwarz Group) has reported a 2021 turnover of €5.9 billion (US$6 bn), up +6.9%...

Jun 22, 20221 min read

Europe

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 4, 20222 min read

Americas

USA: Dollar General piloting self-checkout-only stores

Discount Variety Retail Chain Dollar General’s (listed DG at NYSE) test of stores without staffed checkout counters comes as the retailer...

May 22, 20221 min read

Europe

Germany: Lidl with a historic sales result

Discount Retail Chain Lidl (owned by the German Schwarz Group) for the first time in history exceeded the EUR 100 billion (US$106...

UK: Bestway Wholesale boosts revenues by 10%

Mar 29, 20222 min read

Europe

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...

Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn

Mar 27, 20222 min read

Europe

Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn

Discount Variety Retail Chain Action (owned by PE firm 3i Group) who sees it as a cheap Chinese rubbish under cheap fluorescent lighting...

Sep 18, 20212 min read

Europe

Poland: How much did Lidl earn?

Discount Retail Chain Lidl Poland (owned by the German Schwarz Group) has 13 operating companies in Poland. In the last financial year,...

Netherlands: Pepco Group strong rebound in turnover thanks to growth strategy

Jul 17, 20217 min read

Europe

Netherlands: Pepco Group strong rebound in turnover thanks to growth strategy

Discount Retail Chain Pepco Group (owned by Steinhoff International and listed WSE: PCO) sums up the third financial quarter ended June...

Mar 27, 20213 min read

Europe

Global: Top 50 Global Retailers 2021

The Top 50 Global Retailers is a fresh look at the 50 most impactful international retailers based on their operations at the start of...

Netherlands: Non-food discounter Action presents €519m EBIT

Nov 25, 20202 min read

Europe

Netherlands: Non-food discounter Action presents €519m EBIT

Discount non-food Retail Chain Action (owned by PE 3i Group) has significantly increased its profitability in the past 12 months. The...

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