Discount news

19 November 2013
The hard discounter Lidl has revealed its plans to invest over EUR100m in its Finnish operations in 2014, as it looks to capitalise on its growth in the country. Aiming for top three According to the local press, the retailer will look to add more new stores next year, as it is aiming to become the third-largest grocer in Finland by the end of 2014. The efforts will in particular be conc...
11 November 2013
Turkey-based discounter BIM has announced Q3 results for the period ending 30 September, saying that net sales rose 21% to TRY3.1 billion (US$1.5 billion) and like-for-like sales rising by 11.7%. New stores underpin sales growth BIM said that new stores helped support sales growth 63 net new stores added in Turkey, 16 in Morocco and three in Egypt during the quarter. The retailer said that ...
08 November 2013
Netto, the discount arm of Germany’s largest retailer Edeka, has recently launched an online shop selling exclusively non-food products. Broad non-food assortment The new online shop offers a variety of non-food items across numerous product categories, such as furniture, household and clothing. The range comprises 7,000 SKUs, with more than half falling under the home and furnishing cat...
07 November 2013
Aldi has launched its Christmas advertising campaign focusing on how much shoppers like its festive range. Like Aldi, Like Christmas The 30 second ad features a number of family characters saying which Aldi products they like at Christmas. Products featured include champagne, salmon and mince pies. In contrast to previous 'Like Aldi' campaigns, no price comparisons are made, an approach which...
07 November 2013
Lidl UK launching its first TV ad campaign Lidl is set to debut its first ever TV advert in the UK, with a festive campaign for its premium private label range. The campaign will focus on Lidl's Deluxe range, as it looks to position itself as a credible option for 'the big Christmas shop'. The campaign will feature across a variety of TV channels, including ITV and Sky. The advert will ...
05 November 2013
UK fixed price discounter, 99p Stores is reported to have launched a trial to use direct to store delivery for chilled and fresh products by Nisa, in order to scale up the temperature controlled range in its stores.  The trial will focus on core grocery products such as milk, bread, cakes, fruit and vegetables. Builds on existing Nisa relationship 99p Stores has been a member of the retail co...
04 November 2013
According to press reports, Poundland, the UK's leading single price discount retailer is planning to float on the stock market and has appointed Rothschild investment bank to handle the process.  The company is currently owned by US private equity investor Warburg Pincus. Valuation between £700 - £800m expected Poundland, along with other UK discounters, has been growing quickly in recent y...
01 November 2013
Poundland, the UK's leading fixed-price retailer, has cut prices to 93p in its Ipswich store to undercut a special offer from 99p Stores. Reactive pricing Poundland's aggressive pricing strategy in its Ipswich store is in response to the opening of a new 99p Stores close by. 99p Stores ran an introductory offer of all items at 94p or less for the first week of opening, as it looked to pu...
01 November 2013
After successful trials, Aldi is expanding its fresh coverage to bring a range of fresh fish into its offer in nine of its German regions. Fulfilling more shopper missions driving competitive edge Aldi is extending the trial of fresh fish as it looks to continuously enhance its range and fulfil more shopper missions to drive basket spend. The discounter is listing a number of fish lines i...
31 October 2013
With Christmas less than eight weeks away we round up how retailers are gearing up for the festive season. Capturing loyalty throughout the run-up to Christmas Both Waitrose and Morrisons have launched schemes to incentivise shopper loyalty in the build up to Christmas. Waitrose is offering holders of its myWaitrose loyalty card a £25 voucher to spend in January if they spend at least £50...