Discount news

14 October 2013
Speaking at the World Retail Congress Dansk Supermarked’s chief executive, Per Bank, said that the retailer had ‘lots more to do’ to improve its performance. Dansk has implemented a transformation strategy Bank said that the retailer had already instigated a transformation strategy in an attempt to re-energise growth and, specifically, improve the performance of its hypermarkets. To this end,...
10 October 2013
Discount chain Home Bargains, owned by TJ Morris, has said it wants to operate more than 700 stores in the UK by 2018. Target for 700 stores by 2018 The retailer’s expansion plans were revealed as it started work on its new warehouse in Amesbury, south Wiltshire, which it hopes to open by September 2015, and which will support the growth of the company’s retail presence. Discussing the compan...
01 October 2013
The UK's leading discounters, Lidl and Aldi, are developing new ways of operating to move their respective businesses towards a more sustainable model. Lidl: significant investment in technology Lidl has invested £27m into new "plug-in" chillers. The leakage rate from the new units will be less than 1%, making them more environmentally friendly than Lidl's previous refrigeration system. They...
01 October 2013
High street discounter Poundland, has posted 15% sales growth to £880m in the 52 weeks to 31 March 2013. Impressive growth in FY 2012 In a challenging trading environment, Poundland's 15% growth is a considerable achievement. The results highlight Poundland's growing presence in the UK, and also the increasing level of customer acceptance of the high street discount sector in general. The ...
30 September 2013
Aldi UK has posted a 40.6% rise in sales, to £3.9bn, in the year to 31st December 2012. Sensational sales growth Aldi’s 40.6% sales growth is a truly standout achievement. The performance far outstrips the growth achieved by the big four, with everybody but Sainsbury’s losing share in 2012, according to Kantar Worldpanel data. Aldi has even outperformed its closest rival, Lidl, who achieve...
25 September 2013
Casino has revealed a new private label brand covering products for children, and in separate news is said to be negotiating the acquisition of a number of Le Mutant hard discount stores in France. New brand for children: 'Les Doodingues' The brand, called ' Les Doodingues ', was launched in early September and is available in Géant Casino, Hyper Casino, supermarchés Casino and Petit C...
23 September 2013
Lidl's UK business is set to open a new £40m distribution centre to support its rapid sales growth in fresh produce. Managing fresh deliveries The 22,000 sq m site will manage deliveries of fresh produce into London and the south east. The new DC is set to be built at the site of the old Northfleet power station in Kent. Growing focus on fresh categories Last year sales of fresh ranges...
19 September 2013
Iceland has invested £7m in a series of new TV adverts that will air this Autumn and Christmas. Focus on quality The new adverts will highlight the quality of Iceland's products, with the campaign strapline of "Love Fresh, Love Frozen". The first advert launched last week and used the strapline "It's time we met". The 40-second advert shows a couple having a romantic first dinner, with Icela...
19 September 2013
After years of stagnation and false dawns in the wake of the global financial crisis, it is heartening that there is some positive momentum in the economy at last. In this article we outline how an improving economic outlook and evolving shopper preferences have shaped our new market and channel forecasts. Three channels set to drive growth Over the five years to 2018, we expect the grocery mar...
18 September 2013
As Aldi's strong performance continues in Ireland, the discounter has announced that it will continue to grow its supply of Irish products. Annual spend with Irish suppliers has tripled Aldi has revealed that it spends three times as much with Irish suppliers as it did in 2008. This amounts to an impressive 50% of its grocery sales now coming from its 127 Irish suppliers, producers and manuf...