Discount news

12 November 2020
Interim results (26 weeks to 26 September) for the value retailer B&M show that the business retained significant momentum in its second quarter, despite the slackening of lockdown restrictions bringing more ‘normal’ trading conditions to the UK market during the summer.  Total revenue for the half was £2,242m, with the uplift driven substantially by like-for-like increases as shoppers maintained...
10 November 2020
We highlight case studies from the Nordics where retailers have been fundraising for a key cause during October and November. Themed private label products, donating a percentage of product turnover and encouraging shoppers to donate are among the tactics used. 1. Sweden: ICA raises €5.5m for the Pink Ribbon campaign with themed private label, bracelets and donations Source: ICA I...
10 November 2020
Until recently, Brazilian consumers have had a negative perception of private label, with many considering the products as being of low quality. Suppliers have invested in their brands building strong connections with shoppers, which has created a challenge for retailers looking to encourage them to try something new and different. It is, therefore, key for private label products to co-exist al...
10 November 2020
Aldi is due to extend its trial of click and collect service to more than 200 additional stores by Christmas. Full range available online The retailer first  launched the service  in September as a trial in one of its stores in the Midlands. The service was initially available only to Aldi colleagues before being made available to consumers in 18 stores last month. Shoppers can choose fr...
09 November 2020
Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...
09 November 2020
X5 has discussed the progress of its strategic priorities at its Capital Markets Day on 27 October 2020. We highlight our five key takeaways from the presentations and review the initiatives that define and will drive those priorities between 2020 and 2023. 1. X5 aiming to be present at every stage of the shopper journey X5 is building a retail ecosystem that will engage its customers at...
05 November 2020
Colombian business Koba Colombia SAS (Koba) opened its first D1 discount store in Medellín, Colombia, in 2009. D1 became the first discount chain to enter the market. A decade later, Koba celebrated the huge milestone of opening its 1,000 th store and announced ambitious plans to double this number. In recent years, the business increased the pace of store openings and on Wednesday 7 Oc...
03 November 2020
On October 31 st , Aldi Süd opened a 2,000 sq. m. store near its global headquarters in Germany. This is the group’s largest store in the world. In this article, we consider what can we learn from this unusually large store format for the discounter Expansion of an already large store The renovation works added 300 sq m to the existing store in Mulheim an der Ruhr. This created a new total ...
02 November 2020
X5 announced the launch of its new discount banner Chizhik in its Capital Markets Day event in October 2020. The industry perceives this as a reaction to the fast-growing presence of hard discount retailer, Svetofor. They also question whether the new banner will cannibalise the sales of its sister discount banner, Pyaterochka. New hard discount banner to compete for value shoppers X5 opene...
30 October 2020
We look at four ways Lidl has adapted its operations and global strategy since the start of the pandemic. Creating a safer in-store environment Most retailers, including Lidl, have had to adapt their stores to the new social distancing measures, and create safer environments for employees and shoppers. Across Europe and the US most of Lidl’s 11,200 stores have been equipped with plexiglass ...