Discount news

September has proved an interesting month for Aldi, with it overtaking Morrisons to become the retailer with the fourth largest market share in the UK, alongside announcing a large fall in profits. Key figures from Aldi UK’s 2021 annual trading update Sales : £13.645bn from £13.531bn (+0.9%) Operating profit : £60.2m from £287.7m (-79%) Pre-tax profit : £35.7m from £264.8m (-8...

Yesterday marked a huge moment in UK grocery retail. Aldi has overtaken Morrisons to become the retailer with the fourth largest share in the market for the first time, according to the latest results from Kantar. The Big Four is no more? According to the latest Kantar market shares, in the 12 weeks to September 4, 2022, Aldi’s sales rose by 18.7%, increasing it to a 9.3% market share. At...

As the cost-of-living crisis worsens, more shoppers across Europe are switching to the discount channel. Here we look at recent developments from Lidl that present opportunities for suppliers and manufacturers. Local products help drive sales growth in France Lidl France continues its sales growth, with Kantar reporting it as the largest gainer in market share in recent months. Lidl’s suc...

Reports suggest the German discounter has seen a fall in non-grocery sales across all markets, an indication of current shopper spending priorities. Lidl non-grocery sales fall across all markets Lebensmittel Zeitung reports that Lidl has seen sales for non-grocery items fall below 10% of total sales in almost all markets. The non-grocery category is one of the most profitable for Lidl and ...

As our ShopperVista Quarterly channel trends report shows sustained usage for the variety discount channel, with increasing usage from AB shoppers, we round up key developments for Poundland. Poundland to open further new stores in 2022… Poundland will open or relocate 25 stores in the UK before the end of 2022, with 10 to be opened by the end of September and the remainder before the e...

The German retailer has announced plans to open hundreds of shops in Shanghai and wants to expand into other Chinese cities. Major expansion plans revealed Aldi Süd plan to expand its physical store network in China into the hundreds, with Shanghai its first major target. The retailer has 26 stores in the city, following its entry into the physical market in 2019. Cities in the Yangtze Delt...

Leading US-based dollar store chain, Dollar General, has formed a new Healthcare Advisory Panel. This will provide it with guidance and the prioritisation of efforts in the health and wellness space. We consider why this is a strategic goal for the business. Leveraging a network of over 18,000 stores As a dollar store operator, Dollar General is not the first retailer that springs to mind w...

Aldi Nord has opened a cashierless store in Utrecht, Netherlands. This is the retailer’s first store to use the Shop&Go technology, and follows on from Aldi Sud's first cashierless store, which opened in January 2022.  Partnership with Trigo The in-store technology is powered by Trigo, a company that has also partnered with Tesco, REWE Group, Netto and Wakefern Food. The store is 370...

Freshippo Outlet, a new discount format, offers shoppers daily great deals on quality fresh foods and helps reduce the group's food waste. Optimising profitability by reducing food waste According to Alibaba's full fiscal year 2022 report, the growth of direct retail business has impacted its profit earning. Optimizing its operation cost efficiency is crucial for long-term sustainability,...

Pepco reported total Group sales rose 17.1% to €1.21 bn, with like-for-like sales up 4.9% in the three months to 30 June. Expansion continued to drive total sales growth, with the retailer opening 115 new stores during the quarter. Pepco banner outperformed Poundland in Q3… While Group sales rose 17.1%, it was the Pepco banner’s growth of 28.5% that drove overall performance. The retailer h...