Discount news

The French Competition Authority body has approved the purchase of 554 Leader Price stores (owned by Casino) by Aldi. For the Casino Group the sale is part of its ongoing debt reduction plan, which will enable it to focus on its other more profitable banners, such as Monoprix and Franprix. Aldi France to reach more than 1,400 stores and €5.5 bn turnover The purchase of 554 Leader Price stor...

Aldi has announced the expansion of its home delivery trial with Deliveroo to almost 130 stores across the UK. Now available near select stores in Scotland and Wales Last month, the trial has been expanded to a total of 42 stores, including new locations such as Liverpool, Brighton and Bristol. The trial has now been rolled out to an additional 90 stores, and is available to customers ba...

Reitangruppen, which operates the discount banner REMA 1000 in Norway and Denmark, as well as a variety of convenience banners in the Nordics and Baltics, is rebranding, restructuring and exploring listing on the stock market. We consider this and how a listing may help fuel the retailer's growth ambitions. Its REMA 1000 banner is the fastest growing discounter in Denmark, while it remains the ...

Spain-based DIA announced group net sales increased by 2.5% to €1.7 bn, with like-for-like (LFL) sales up 6.3%. The retailer continues to improve its performance by focusing on the five pillars of its roadmap, which includes optimisation of its assortment, its private label ranges, online sales and express delivery, franchisees, and operations. Sales performance DIA Spain’s sales increased ...

Interim results (26 weeks to 26 September) for the value retailer B&M show that the business retained significant momentum in its second quarter, despite the slackening of lockdown restrictions bringing more ‘normal’ trading conditions to the UK market during the summer.  Total revenue for the half was £2,242m, with the uplift driven substantially by like-for-like increases as shoppers maintained...

We highlight case studies from the Nordics where retailers have been fundraising for a key cause during October and November. Themed private label products, donating a percentage of product turnover and encouraging shoppers to donate are among the tactics used. 1. Sweden: ICA raises €5.5m for the Pink Ribbon campaign with themed private label, bracelets and donations Source: ICA I...

Until recently, Brazilian consumers have had a negative perception of private label, with many considering the products as being of low quality. Suppliers have invested in their brands building strong connections with shoppers, which has created a challenge for retailers looking to encourage them to try something new and different. It is, therefore, key for private label products to co-exist al...

Aldi is due to extend its trial of click and collect service to more than 200 additional stores by Christmas. Full range available online The retailer first  launched the service  in September as a trial in one of its stores in the Midlands. The service was initially available only to Aldi colleagues before being made available to consumers in 18 stores last month. Shoppers can choose fr...

Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...

X5 has discussed the progress of its strategic priorities at its Capital Markets Day on 27 October 2020. We highlight our five key takeaways from the presentations and review the initiatives that define and will drive those priorities between 2020 and 2023. 1. X5 aiming to be present at every stage of the shopper journey X5 is building a retail ecosystem that will engage its customers at...