Discount news

07 January 2021
Variety discounter B&M's Q3 results (13-week period from 27 September to 26 December 2020) show positive growth across the majority of the business, particularly its UK banner.  Revenue growth across all banners, expect Babou Group revenue +22.5% to £1,398.5m (2019: £1,138m) B&M UK +26.6% to £1,211.8m (2019: £957.4m) Heron Foods +7.6% to £102.9m (2019: £95.6m) Babou (France) -1.4% ...
06 January 2021
The two discounters continue to work closer together in Germany. To better understand how their strategies are evolving we looked at the first folders of the year. Below are the key learnings we identified from the promotional offers on private label and branded products, Veganuary and the marketing messages. Two different folders but common offers on several categories In many European cou...
05 January 2021
In the 12 weeks to 27 December 2020 the grocery market grew +11.4%, the fastest rate since August 2020, according to Kantar. Growth was driven by Christmas spending and changing shopping habits due to increased restrictions. Here we look at the results in more detail, including an overview of performance in the online and discount channels. Record four weeks of sales With the closure of ...
04 January 2021
Aldi UK's sales grew 10.6% in the four weeks leading to 24th December, compared with the same trading period a year ago. The retailer's 2020 Christmas growth was stronger in comparison to 2019's +7.9%. However, it was a slow down from the previous heights of +15% seen in 2018. We look at the drivers behind the growth and the retailer's latest commitments to British suppliers. Positive performa...
04 January 2021
As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...
14 December 2020
To mark World Human Rights Day Lidl GB has published a Human Rights Impact Assessment. As part of the assessment the retailer commits to supporting three areas to help its business in being good for the planet, producers and people. We look at these areas in more detail. 1. More effective action against worker exploitation Lidl has strengthened its governance process for human rights. It ha...
11 December 2020
Lidl UK has launched a money off voucher in two national newspapers. It is using the run up to Christmas as a great opportunity to encourage shoppers back into store, and win over those who are undecided about where to do their Christmas shop. £10 off for a limited time The voucher gives shoppers £10 off when they spend £40 or more in store. It will be published in The Times and The Sun new...
07 December 2020
We look at Dollar General’s third quarter performance and the progress it’s making against its four strategic priorities. Third quarter key numbers Net sales increased 17.3% to $8.2bn Same-store sales increased 12.1% Operating profit increased 57.3% to $773.1m Attracting younger, higher income and more ethnically diverse consumers While the pandemic continued to have a posi...
02 December 2020
Third quarter key numbers Dollar Tree’s consolidated net sales increased 7.5% to $6.2bn, with enterprise same-store sales up 5.1% Same-store sales for the Family Dollar banner increased 6.4%, while Dollar Tree same-store sales increased 4.0% Operating income increased 9.9% to $465.5m Customers shopping events and holidays early Dollar Tree saw a strong performance across most ...
01 December 2020
Aldi Süd plans to introduce new bakery counters in 1,000 stores in Germany by Spring 2021 to improve quality and freshness perception. Whilst most products will be baked directly in-store, the discounter will also expand its partnerships with regional bakeries. Replacing the vending machines with qualitative counters Aldi Süd’s famous bread vending machines are about to become a thing of th...