Discount news

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...
14 July 2021
Aldi Australia has launched a new smaller format store called Aldi Corner Store on Mount Street in North Sydney, with the store featuring both some standard Aldi features and some interesting new concepts. Still Aldi, but format design and operations flexed to suit the location The new store at around 500-600 sq m is about half the size of a standard Aldi stores and is the first of its kind...
13 July 2021
US leading dollar store operator announced plans to expand its healthcare offering to meet more of its shopper needs and establish itself as a health destination. To fast track this development, it has created a new role of chief medical officer. Providing affordable healthcare products and services to communities This is the first step in Dollar General’s new strategy to increase access to...
12 July 2021
Variety discounter B&M has announced its results from 28 March to 26 June. They show a strong performance compared to pre-pandemic levels, but unsurprisingly a decline in sales when compared to the huge uplift seen in 2020. Key figures show -4.4% like-for-like sales Group revenue £1,188m +3.1% B&M UK £1,018 like-for-like +21.3% versus pre-pandemic levels of FY20 -4.4% one year l...
12 July 2021
As Caprabo grew sales 6.6% in 2020 and highlights its future expansion plans for 2021, Aldi is set to reinforce its price reduction strategy, to continue to meet shopper demand. Separately, DinoSol reported its sales advance by 1.6%, while Vegalsa-Eroski declared its sales grew 7.9% in 2020. Caprabo announces 6.6% growth Caprabo said it grew by 6.6% to €842m by the end of its financial year...
06 July 2021
Market leader Sonae plans to expand its Meu Super banner in 2021, while Aldi has introduced its first proximity store and Mercadona set out €400m investment plans to expand its presence in Portugal. Separately, Aqui é Fresco announced its sales grew to €437m in 2020, an increase of 12% compared to 2019. Sonae MC to expand Meu Super’s presence Sonae MC is to expand its Meu Super banner in Po...
29 June 2021
Aldi and Lidl have announced detailed plans of how they will reach their ambitious store estate expansion targets. We look at this further, alongside recent developments in the discount channel outside the UK. Shoppers are returning to the discounters Although the pandemic caused challenges for both Aldi and Lidl, this did not halt their expansion plans. Both retailers opened on average one...
25 June 2021
Pan-European variety discounter, Pepco has reported first half sales up 9% to €1,995m in the period to 31 March 2021. As well as operating the Poundland brand in the UK, the business operates the PEPCO and Dealz retail chains in continental Europe and Ireland. Boosted by 402 net new stores Ending the half with 3,246 stores in total, Pepco’s store portfolio has grown by 14.1% since March 202...
25 June 2021
Fast-growing discounter, Lidl has announced that it now has 860 stores across the island of Great Britain, indicating that it is well on target to hit its goal of 1,000 stores in the market by the end of 2023. Investing £1.3 bn in development over 2021 and 2022 Despite the additional hurdles posed by the restrictions of the pandemic lockdown over much of the first half of 2021, Lidl will co...
24 June 2021
Aldi Portugal has recently opened its first proximity store format in the centre of Lisbon. We look at this new concept and share our views on why we will see more urban discount store developments going forward and what it means for suppliers Aldi opens its first proximity store in Portugal Aldi Portugal is the latest discounter to open a smaller store format in the centre of a major Europ...