Discount news

15 January 2014
Iceland's international director, Paul Foley, has stepped down from his role following the retailer's decision to scale back international expansion plans.  Iceland to scale back new markets push Former managing director of Aldi UK, Paul Foley, has resigned from his role as international director at frozen food specialist Iceland. Foley joined the company in April 2012 as a consultant and...
15 January 2014
Aldi Australia is inviting potential local suppliers to an open day in WA ahead of its hotly awaited future store openings in the state. Aldi holds supplier open day Aldi Australia to date has been solely focused on building its presence on the Eastern seaboard, but confirmed last year that it would be expanding into Western and Southern Australia with an initial focus on the cities of Adelai...
14 January 2014
Portugal-based Jerónimo Martins has announced strong results for 2013, as sales have risen by 11.1%, at constant exchange rates, to €11.8 billion. Positive performance from all operations The retailer said that its strong performance was driven by ‘ both expansion and a 3.5% like-for-like sales increase ’. Jerónimo Martins was pleased with its overall performance as 2013 was a challenging yea...
10 January 2014
The Yorkshire-based chain has revealed that it experienced "healthy" Christmas trading and plans to open 50 more stores this year. Healthy Christmas for Poundworld Christmas trading for Poundworld showed healthy increase with the company's LFL sales during the trading period up 3% on 2012. Furthermore, customer numbers reached a record two million per week. Poundworld continues expansion in...
09 January 2014
Leading discounters are expected to open over 400 stores combined in 2014, while a new discounter has entered the market.  Biedronka set to open 300 stores as parent expands into drugstores Poland's fastest growing discount chain, Biedronka plans to expand its market share over the next year with the expected opening of 300 new stores. Biedronka's Portuguese parent, Jer ó nimo Martins is inc...
07 January 2014
Both Aldi and Lidl have revealed that they had a spectacular Christmas with record sales figures putting pressure on the UK's traditional supermarkets. Aldi enjoys busiest Christmas ever While both discounters have declined to reveal actual sales figures, Aldi has said that 2013 saw its 'busiest Christmas since opening in the UK' - over 20 years ago - with a record number of customers. Pr...
02 January 2014
As we welcome in 2014, Senior Business Analyst Nick Miles looks ahead and explores some of the trends and developments that we are likely to see emerge from Australia's dynamic and exciting grocery market over the next 12 months. 1. Thinking 'multichannel' will unlock new areas of growth After years of supermarket dominated retailing, the Australian grocery market is becoming increasingly comp...
20 December 2013
Aldi has launched a five year strategic plan to open 650 new stores in the US by 2018. Increasing pace of openings to 130 stores per year Aldi currently operates around 1,300 stores in the US, having first entered the market in 1976. To reach its new goal, it plans to accelerate the pace of openings to around 130 stores each year, up from an average of 80 stores per year which it has been a...
16 December 2013
If the Norwegian Competition Authority approves cooperation between Norgesgruppen and ICA Norway, Coop Norge, Norway’s third largest retailer will partner with Rema 1000, the discount format of Reitangruppen. Initial cooperation between Norgesgruppen and ICA took effect in April On April 1st this year, the agreement between ICA Norway and Norgesgruppen’s wholesale company, Asko, took effect....
13 December 2013
Netto Polska, part of Danish retailer, Dansk Supermarked Group may look to grow its store count in Poland to 1000 stores, according to a Polish grocery news website. Other discounters operate over double this number Kent Petersen, President of Netto Polska drew comparisons with other discount retailers. ‘If Biedronka can have about 2200 stores, we can surely have about 1000. I think that the...