Discount news

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 woul...
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...
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...