Discount news

15 June 2020
Variety discounter Poundstretcher has undertaken a review of its finances which reveals it may need to close half of its stores, according to The Grocer. Store closures and potential CVA agreement Poundstretcher has already closed 30 stores since lockdown began, mainly as a result of expiring leases. This brings its estate to 420 stores. The retailer has reportedly drawn up plans for a C...
12 June 2020
Aldi has expanded its trial of on-demand delivery service with Deliveroo to the capital, specifically in Camden. Follows a successful trial across the Midlands The move follows a successful trial in eight stores across the Midlands. Customers will have the choice to shop from over 200 essential Aldi products, before being picked and packed by Aldi staff and delivered by Deliveroo’s riders. ...
11 June 2020
Danish discounter Netto has launched ‘Fillop’ , an ambient grocery online subscription service, following successful testing over the last nine months. How does the service work? Shoppers place their first order, which is then regularly delivered ‘every 14 days, every month or every other month’. Future orders can be amended on a regular basis, while users are free to ‘pause, change f...
11 June 2020
The group delivered 16.5% revenue growth to £3.8bn in its latest annual results. However, it anticipates slower store openings and ongoing impact of social distancing in the year ahead. Results in brief (52 weeks to 28th March 2020) B&M: Revenue +12.6%. LFL +3.3% (Q4 +6.6%) Heron: Revenue +10.1%. Positive LFL growth Babou: £154m revenue COVID-19 disruption slowing store openi...
10 June 2020
We look at Sobeys’ on-going expansion of its FreshCo discount chain into western Canada, including plans for its first stores in Alberta. Addressing a weakness in its operations Sobeys’ latest announcement of six additional FreshCo openings takes the total of confirmed locations in western Canada to 28. Currently, 16 of these are trading. The retailer plans to convert around 65 of its exist...
08 June 2020
Aldi UK is introducing self-service checkouts to four more stores, bringing its total use of the technology to nine stores. Making payment more convenient  Source: IGD Research-Aldi Local Balham The self-service checkouts will be installed in a range of locations across the UK in July. The new checkouts will offer shoppers a convenient option, aid...
02 June 2020
Danish variety discounter, Normal, which specialises in health and beauty and household product categories will open 10 pop-up stores across Denmark this summer. The stores will be located at several of the country’s most popular summer destinations. They are expected to benefit from this year’s trend for ‘staycations’, driven by the coronavirus (COVID-19) pandemic. Smaller store concept wi...
29 May 2020
Dollar General and Dollar Tree have both announced particularly strong growth in Q1, as the Coronavirus (COVID-19) pandemic has led shoppers to increase purchases of groceries and household products. Factors contributing to the dollar stores performance Dollar General saw sales increase by 27.6% to $8.4bn, with same store sales up 21.7%. Dollar Tree's sales increased by 8.2% to $6.3bn for Q...
29 May 2020
Aldi is expanding its Curbside Grocery Pickup service in the US to nearly 600 stores following successful trials at a select number. Offering a convenient service to shoppers The click and collect service will be available at nearly 600 stores by the end of July. The pandemic has probably accelerated this development, providing a convenient and safe solution. Jason Hart, Aldi US’s CEO, s...
29 May 2020
Retailers across Ireland are introducing queue management systems to control the number of shoppers in store, to make social distancing easier for shoppers and staff. Tesco Source: Tesco Ireland Twitter Tesco's new queuing technology counts how many shoppers enter and leave the store, calculating when it is safe for the next person in the queue to en...