Discount news

12 December 2013
Lidl Belgium has been treating customers to free meals in top quality restaurants in exchange for completed surveys about Lidl and food at the end of their meal. Lidl "wines and dines" customers to change perceptions All dishes were produced using Lidl products and graded by customers, and Lidl reported positive results, with dishes receiving excellent feedback. The new initiative lets custom...
11 December 2013
Just 24 hours after its launch on Sunday 8th December, Aldi has sold out of the budget  tablet device it released in the UK as a "Special Buy" in time for Christmas. A competitively priced device Launched as a 'Special Buy', the Medion Lifetab is a 7" tablet PC priced at only £79.99 and comes with a free three year warranty. The 8GB Android-powered tablet product is described as a 'sleek, mul...
10 December 2013
Poundstretcher has revealed new plans to reduce its number of high street stores by half, with 15 stores closing next year, in order to focus on retail parks.  Poundstretcher plans to increase store numbers While it will retain presence on the high street, the value retailer's primary focus for new store openings will be retail parks. over the next five years, Poundstretcher hopes to increase...
10 December 2013
High street discounter 99p Stores is planning to expand over the next two years by opening 70 new shops in the UK.  Growth plans for 99p Stores With 240 stores currently in the estate, the group aims to grow to 310 stores by the end of 2015 using £25m in financing secured from lender Barclays. Helping the group to deliver its ambitions is former BHS manager, Tony Brown, who recently joine...
05 December 2013
Aldi has teamed up with Michelin award-winning French chef, Jean-Christophe Novelli, to host a unique pop-up restaurant at private members' club Home House in London to show off its Christmas range. Discount retailer serves meals to enhance quality credentials The restaurant experience in London, held on Wednesday 4th December, consisted of a four meal course created with Aldi's products...
04 December 2013
Portuguese-owned discount chain Biedronka has unveiled its plans to expand through the small store format in Poland. Small stores as an expansion vehicle The retailer’s expansion plan is based on a two-way approach. The new smaller stores will be predominantly opened in city centres, while Biedronka’s franchise stores will be a vehicle for expansion in rural areas. This would result in a...
02 December 2013
In an interview published in The Grocer, Lidl's UK MD Ronny Gottschlich has provided new insight into the discounter's strategy and future priorities. Here we summarise his key points. Fresh increasingly key to the offer “This year fresh accounts for 40% of turnover. I can see that growing to 50%. The more customers see fresh, the more they buy. Overall, we have increased the space dedic...
28 November 2013
Lidl has highlighted its continued growth in Germany and across Europe, revealing short-term expansion plans for several markets. Strong performance in Germany Lidl’s sales growth continued unabated in its home market, according to German trade publication Lebensmitelzeitung (LZ). LZ reports that the hard discounter increased sales by over 8% in 2013, outperforming Germany’s grocery marke...
28 November 2013
At the retailer’s 2013 investor day, Portugal-based Jerónimo Martins has set out its vision for what the company will look like in 2016, saying the Biedronka will remain its engine for growth, while it will continue to enhance value in Portugal and expand in its new market of Colombia. Retailer sets out annual sales growth targets Jerónimo Martins said that it was expecting annual sales growt...
26 November 2013
In an interview with Portalspozywczy.pl, Lidl Poland’s president, Michal Lagunionek, has said that the retailer will continue to focus on organic growth in the country. Retailer’s strategy aided by feedback from shoppers Lagunionek said that Lidl had been able to open ‘ dozens of new stores ’ in recent years, a strategy that it would maintain in the short term. In addition to this he said tha...