Discount news

05 March 2020
B&M has announced it will be appointing Alex Russo as its new CFO. Who is Alex Russo? Alex Russo will be joining the business from fellow variety discounter Wilko. Prior to this he was chief financial officer at Asda, and held various senior roles at Tesco and Kingfisher. His new role at B&M will start no later than June 2021. He will replace Paul McDonald, who has been in the role for m...
03 March 2020
Market growth for the 12 weeks to 23rd February was +0.7% according to Kantar, up from +0.3% last month. Despite being modest, this was the fastest growth since November 2019. Sales were driven by better performance across the multiples. We look at this and the latest news from the leading retailers in more detail. Sainsbury's strongest performer of the Big Four Sainsbury’s was the best per...
02 March 2020
On 1 March, Lidl launched a new tier of rewards to its loyalty app, My Lidl. The scheme is dedicated to frequent shoppers. It aims to offer additional rewards to its most loyal customers and drive in-store frequency. Lidl US is adding fun to the shopping experience thanks to the gamification of its mobile app. The games will start at the beginning of each month and will change monthly to bri...
02 March 2020
Following on from Poundland's successful trial of its new chilled and frozen range, the variety discounter will be rolling out the range to a further 60 stores. Chilled and frozen shop-in-shops Poundland began trialling 350 new chilled and frozen lines in its Ashbourne, Derbyshire store in October 2019. This was quickly followed by four more stores, and now will be extended to 60 mor...
28 February 2020
Jerónimo Martins has announced plans to expand into three new countries with two of its banners: Biedronka and Hebe. Biedronka is anticipating entering Romania and Hebe is planning to enter Czech Republic and Slovakia, with the latter’s expansion planned for late 2020. The group claims it will invest €750m to reinforce its 2019 activity. Pingo Doce’s short term investment plans Portugal-bas...
25 February 2020
Lidl has announced an innovative initiative to re-use discarded plastic packaging and help reduce marine pollution. Ocean-bound plastic Ocean-bound plastic consists of a minimum of 30% of plastic collected within 30 miles of oceans or major waterways in South East Asian regions. These areas are where plastic waste production is outpacing recycling infrastructure improvements, according to E...
24 February 2020
Lidl Finland has announced it is testing the Lidl Plus app ahead of a roll out during spring 2020. The discounter also hints the app will become borderless across Europe. Lidl Finland to launch the Lidl Plus app in spring 2020 Finland will become the ninth country where Lidl has launched its loyalty app. It is currently in the testing phase before a launch during spring 2020. The app was fi...
24 February 2020
Aldi Australia is driving double digit growth from its liquor category according to its buying director for wines and sparkling, Jason Bowyer and he predicts this growth to continue for a number of reasons. 1. Quality preception on the increase Last year saw Aldi's liquor range win more awards than ever before, with 150 medals and three trophies for wine, a trophy for beer and six gold meda...
24 February 2020
Lidl has launched two new initiatives in Belgium and Germany to reduce food waste. This is part of its objective to reduce food waste by at least 30% by 2025. Fruits and vegetable boxes at €1 in Belgium The discounter has launched a new initiative to reduce food waste, it is called “Bon appétit, Zéro Gaspi” (Eat Well, Zero Waste). Lidl Belgium’s goal is to reduce food waste by 50% by 202...
20 February 2020
Aldi UK has reinforced its plastic reduction pledge by issuing suppliers with a warning that they could be delisted if they do not meet its plastic packaging reduction targets, according to NamNews. Non-negotiable plastic reduction targets Aldi aims to reduce its plastic packaging by 25% over the next three years. As part of this, it has pledged 100% of its private label range will be recyc...