Discount news

04 January 2021
As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...
14 December 2020
To mark World Human Rights Day Lidl GB has published a Human Rights Impact Assessment. As part of the assessment the retailer commits to supporting three areas to help its business in being good for the planet, producers and people. We look at these areas in more detail. 1. More effective action against worker exploitation Lidl has strengthened its governance process for human rights. It ha...
11 December 2020
Lidl UK has launched a money off voucher in two national newspapers. It is using the run up to Christmas as a great opportunity to encourage shoppers back into store, and win over those who are undecided about where to do their Christmas shop. £10 off for a limited time The voucher gives shoppers £10 off when they spend £40 or more in store. It will be published in The Times and The Sun new...
07 December 2020
We look at Dollar General’s third quarter performance and the progress it’s making against its four strategic priorities. Third quarter key numbers Net sales increased 17.3% to $8.2bn Same-store sales increased 12.1% Operating profit increased 57.3% to $773.1m Attracting younger, higher income and more ethnically diverse consumers While the pandemic continued to have a posi...
02 December 2020
Third quarter key numbers Dollar Tree’s consolidated net sales increased 7.5% to $6.2bn, with enterprise same-store sales up 5.1% Same-store sales for the Family Dollar banner increased 6.4%, while Dollar Tree same-store sales increased 4.0% Operating income increased 9.9% to $465.5m Customers shopping events and holidays early Dollar Tree saw a strong performance across most ...
01 December 2020
Aldi Süd plans to introduce new bakery counters in 1,000 stores in Germany by Spring 2021 to improve quality and freshness perception. Whilst most products will be baked directly in-store, the discounter will also expand its partnerships with regional bakeries. Replacing the vending machines with qualitative counters Aldi Süd’s famous bread vending machines are about to become a thing of th...
30 November 2020
Schwarz Group, Lidl and Kaufland parent’s company, is set to launch smart cloud solutions in early 2021. Lidl is reorganizing its IT and digital divisions to focus on the digital transformation of its stores, while the recent acquisition of the real.de marketplace will accelerate Kaufland’s omnichannel transformation. Smart cloud solutions made in Europe Schwarz Group will launch clou...
25 November 2020
The French Competition Authority body has approved the purchase of 554 Leader Price stores (owned by Casino) by Aldi. For the Casino Group the sale is part of its ongoing debt reduction plan, which will enable it to focus on its other more profitable banners, such as Monoprix and Franprix. Aldi France to reach more than 1,400 stores and €5.5 bn turnover The purchase of 554 Leader Price stor...
23 November 2020
Aldi has announced the expansion of its home delivery trial with Deliveroo to almost 130 stores across the UK. Now available near select stores in Scotland and Wales Last month, the trial has been expanded to a total of 42 stores, including new locations such as Liverpool, Brighton and Bristol. The trial has now been rolled out to an additional 90 stores, and is available to customers ba...
17 November 2020
Reitangruppen, which operates the discount banner REMA 1000 in Norway and Denmark, as well as a variety of convenience banners in the Nordics and Baltics, is rebranding, restructuring and exploring listing on the stock market. We consider this and how a listing may help fuel the retailer's growth ambitions. Its REMA 1000 banner is the fastest growing discounter in Denmark, while it remains the ...