Portugal: Discounter Biedronka sales increases 21.6% to €4.4 billion, Ara's 64%
Portugal's second-largest retailer Jerónimo Martins has posted a 14% rise in third-quarter net profit, as soaring inflation drove sales...
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Jul 5, 20223 min read
Germany: Netto Nord 10% sales growth with 342 stores creating a good customer atmosphere
Discount Retail Chain Netto Nord Germany (owned by the Danish Salling Group) has a store network of 342 locations developed during its 30...
Jun 27, 20221 min read
Poland: The Action discount chain opens its 200th store in Poland
Discount Variety Retail Chain Action (owned by 3igroup) officially opened its 200th Action store in Poland. The discount retail Action...
Jun 1, 20222 min read
UK: B&M posts flat full year profits
Discount Variety Retail Chain B&M (listed on LON: BME) has seen its full year revenues decline by 2.7% year-on-year to £4.67 billion (US$...
Apr 8, 20221 min read
Italy: MD to increase its turnover by 1 billion in five years.
Discount Retail Chain MD SpA (Italian family Podini owned) is the third player on the market in the discount convenience format but is...
Apr 7, 20222 min read
Austria: Lidl sees growth in net sales, market share in FY 2021
Discount Retail Chain Lidl Austria (owned by Schwarz Group) has reported net sales growth of 2% to around €1.5 billion (US$ 1.65Bn) in...
Mar 28, 20221 min read
Germany: Lidl sells almost 4 times more than Kaufland
Discount Retail Chain Lidl (owned by the German Schwarz Group) and Kaufland, recorded revenues of EUR 125.3 billion (US$ 138Bn) in the...
Feb 13, 20221 min read
Colombia: Results Tiendas ARA FY 2021
Discount Retail Chain Tiendas ARA (owned by Jerónimo Martins Colombia) competes in the Hard discount grocery format sector, with Tiendas...
Jul 8, 20213 min read
Russia: My Price discounter show 30% LFL sales uplift
Discount Retail Chain My Price (owned by Magnit PJSC, MOEX and LSE: MGNT), one of Russia's leading retailers, showed a 30% uplift in...
Jun 24, 20211 min read
UK: Pepco Group posts increase in first half sales and profit
Pepco Group, the owner of the Discount Variety and Textile Retail Chains Pepco and Dealz brands in Europe and Poundland in the UK, saw...
Jun 17, 20211 min read
Colombia: Discounter D1 surpasses Olímpica and Discounter Ara beats Jumbo
Discount Retail Chains have been consolidated in different regions of the Colombia. In the year of the pandemic, strong competition in...
Jun 17, 20212 min read
Spain: Lidl realised US$6 Billion sales and will invest US$440 mio this year in openings
Discount Retail Chain Lidl Spain (owned by the German Schwarz Group) grew 9.7% last year in the Spanish market. Lidl, the German discount...
Jun 11, 20212 min read
Europe: Aldi and Lidl continue their strong push
The sales of the two food discounters continue to grow much faster than the mass distribution average in many countries. This largely...
Jun 3, 20212 min read
UK: B&M posts strong full year profit uplift
Discount Variety Retail Chain B&M saw its group statutory pre-tax profit climb by 108.5% to £525.4 million (US$745 million) in the year...
May 14, 20213 min read
Romania: 19% increase in turnover, and a 54% increase in profit in 2020 for Penny
Discount Retail Chain PENNY Romania (owned by the German REWE Group), ended last year with a turnover of 4.73 billion lei (US$ 1.2...
Apr 22, 20212 min read
Denmark: Salling Group record revenues in 2020, exceeding US$10 billion for the first time
Discount retail chain Netto's owner Salling Group announced record financial results for 2020. In the year of the COVID-19 pandemic, the...
Apr 20, 20214 min read
Germany: REWE Group for the first time with a turnover of over USD 90 billion
German Retail Chain REWE Group (owner of Discount Retail Chain Penny) achieved total external sales of 75.3 billion euros (US$90Bn) for...
Apr 15, 20211 min read
USA: Store brands appeal for US shoppers was unfazed by effect of the pandemic in 2020
The pandemic brought unprecedented volatility to US grocery purchasing in 2020, but consumers continued to favor store brands for about...
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