Discount news

25 August 2021
We visited frozen food specialist discounter Oops in Preston to see what it had to offer. About Oops The first Oops opened in October 2020 in Bolton. Since then, it has opened a further three stores. The retailer originally sold surplus food from major manufacturers struggling to export to Europe following Brexit. Now, this makes up around 25% of its stock. Oops repackages some of the...
20 August 2021
Variety discounter Poundland has extended its online delivery trial to Nottingham, Leicester, Coventry, Telford, and Sheffield. Growing range too Poundland has expanded its online range to over 3,000 items. Poundland has also launched a new online-only category, which features exclusive items not sold in stores, including Slimfast bars and Yankee Candles. There is a fixed £4 delivery char...
18 August 2021
We went to see newly opened Russian discounter Mere in Preston to see what the first UK store had to offer. More about Mere Mere is part of Svetofor, owned by Russian retail group Torgservis. There are approximately 3,200 Mere stores around the world , with the majority in Russia and Central Asia and under 100 in Europe. The retailer’s first UK store opened on 14 August in Preston on a ...
04 August 2021
Lidl is reported to be launching a ‘scan as you shop’ service in Fulwell, South London, according to The Grocer. How will it work? Lidl filed a trademark application for ‘Lidl Go’ on July 23 rd , applicable to “self-scanning systems for customers”. The Lidl Go app was then launched on Google Play on August 3 rd and information was displayed on the Lidl website explaining the service would ...
30 July 2021
Since launching in 2009, discount retailer D1 has grown to become the third largest grocer in Colombia and the 10 th largest company overall. Despite stiff competition it has become the first discounter in Colombia to record a profit in a Fiscal year, reflecting the positive direction it is going in. Here we explore the reasons behind its success and how the pandemic has influenced change.   ...
27 July 2021
Variety discounter Poundstretcher has closed 75 of its stores since its 2020 CVA agreement was announced, according to The Grocer. Closure of 20% of stores The CVA agreement indicated that Poundstretcher may be forced to close half of its stores from its total of 437. Poundstretcher entered into a CVA agreement due to continuous poor performance and it not achieving profitability. T...
27 July 2021
Variety discounter Poundland continues to grow its grocery range, adding chilled and frozen to 37 more stores, and free-from to 300 stores. Chilled and frozen offer soon to be in over 200 stores Throughout July and August Poundland will be adding its chilled and frozen range to 37 more stores, according to The Grocer. The range is currently in 170 stores across the country and was fi...
16 July 2021
Lidl has pledged to increase sales of healthy and healthier products to at least 85% of total sales by 2025. Clear goals to help shoppers be healthier Alongside the overall pledge, Lidl has set an additional target to increase the sale of fresh fruit and vegetables by 35% by 2026. The discounter has also invested in its ‘Get Fresh’ initiative to add 100 new fresh food products to stores....
16 July 2021
Poundland's parent group Pepco released results for the 13 weeks to June 30th. The group saw strong results overall, with sales across all banners +45.5% and like-for-like sales +29.3%. Poundland bounces back following temporary store closures during lockdowns Poundland and Dealz saw total sales growth of +30.3% to €481m in the period, with like-for-like sales +21.1%. 22 new stores opened, ...
16 July 2021
Lidl and Kaufland’s parent company, Schwarz Group, has released its 2020/21 financial results. The group enjoyed strong growth of 9.6%, taking its total sales to €125.3 bn. Lidl continues to drive the group’s sales, advancing by 9.9%, while Kaufland posted an increase of 7.5%. Lidl reinforces its position as Europe’s largest retailer Lidl’s total sales reached €96.3 bn, which will mean it w...