Discount news

14 June 2013
Canadian dollar chain Dollarama revealed sales growth of 12.6% for the quarter ended 5 May 2013, and a comparable store sales increase of 3.7%. New stores driving growth Dollarama has accelerated the pace of new store openings over the past year to 85, versus 54 in the previous comparable period. Difficult weather conditions in February and March 2013, compared to favourable weather for t...
13 June 2013
Lidl is considering a potential market entry in the US as it looks for a counterpoint to its European operations. If the move goes ahead, it would be Lidl's first venture outside Europe. Feasibility and efficiency analysis At this stage Lidl is undertaking an analysis of the market to ensure it can trade effectively in the US. This will be led by Kenneth McGrath, the managing director of ...
12 June 2013
Aldi is divided into two sister companies, Aldi Süd and Aldi Nord that act as distinct entities. Collectively they operate over 10,000 stores in 17 markets. In 2012 Aldi had an approximate turnover of €59.5bn with strong growth of 6.7% forecast for 2013. The domestic German market remains the most profitable for Aldi but as it nears saturation, international expansion remains a vital growth d...
11 June 2013
Lidl has been chosen as the European retail partner by Warner Bros. Consumer Products for Man of Steel movie merchandise. New partnership Lidl will stock a comprehensive range of official merchandise in around 10,000 stores across 24 markets this June. The range will cover a variety of categories including apparel, health & beauty, toys, publishing and food. Of the new collaboration, P...
31 May 2013
DIA's commercial director Luis Martínez, speaking at a conference in Spain, has said the discounter will intensify its focus on the DIA Fresh fascia next year, as well as developing the Schlecker business. Working to launch new formats DIA will increase the openings of DIA Market, DIA Fresh and DIA Maxi in 2014. Stores which have already been transformed to the Market and Maxi formats ha...
30 May 2013
The Irish market is becoming increasingly tough for traditional multiple retailers as shoppers turn to Aldi and Lidl to help them save money in austere times, according to the latest data from Kantar Worldpanel, for the 12 weeks to 12 May.   12 weeks to 13 May 2012 (% share) 12 weeks to 12 May 2013 (% share) Sales growth (Y-o-Y %) Tesco 28.4 27.6 -2.6 ...
29 May 2013
Lidl & Schwarz is the world's largest discounter, with a turnover of €66.5bn in 2012 and strong growth of 4.4% forecast for 2013. However Lidl's global growth has been uneven and in some of its more mature markets growth is slowing. Across its markets Lidl has stayed true to its unique combination of quality and value, but it is when these characteristics are combined with the right local tai...
22 May 2013
Dansk Supermarked has reported revenue growth of 4.6% for the first quarter of 2013, across all formats and countries.  Denmark shifting towards discount In Denmark , volume continued to shift towards discount stores as they benefited from more Sunday openings. Profit (EBITDA up 11.8%) was boosted by cost cutting, the turnaround of Netto in Sweden and closure of non-performing stores. ...
20 May 2013
Aldi Nord has announced that its refurbishment programme is proving successful, and that the business has exceeded all expectations so far this year. Refurbishments on track Aldi Nord's modernization process is on schedule, with 4,300 of its stores extended or refurbished since the programme begun almost two years ago, reports Lebensmittel Zeitung. The discounter has stated that stores ...
16 May 2013
The French competition authority has given Casino the go-ahead to acquire 38 Norma discount stores, according to press reports. Stores in south-eastern France The stores are located in south-eastern France, with most of them in the region of Lyon and on the Mediterranean coast.  The transaction remains subject to "implementation of [unspecified] commitments" and the competition authority ma...