Discount news

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...
23 June 2021
Explore how Spanish retailers, including Consum, Unide, SPAR and Lidl, have performed in 2020, during the global pandemic. Consum’s sales grew 13.3% in 2020 Consum ended 2020 with total sales reaching €3,324.9m, an increase of 13.3% on 2019. The cooperative said its online store is not yet profitable, but by the end of the year accounted for 1.5% of its total turnover. Juan Luis Durich, ...
09 June 2021
B&M's results for the 52 weeks to 27 March 2021 show strong performance in both the UK and France. Growth was driven by new store openings and sales in non-grocery categories. Key group financial figures for FY21 Group revenues increased by +25.9% to £4.8bn  Gross profit +36.8% to £1.76bn B&M UK and Heron Foods see strong growth against FY20 B&M UK revenue £4.07bn +29.9% ...
07 June 2021
Lidl has become the first retailer to test the Eco-Score in the Netherlands and Germany. The Eco-Score measures the environmental impact of food products and while it is still at an early stage it could have a direct impact on future product development for retailers and suppliers. What is the Eco-Score? The Eco-Score is a five-level product label, classifying products from A (low) to E (hi...
25 May 2021
In April, Lidl US announced its CEO, Johannes Fieber, will be leaving and will be replaced by Michal Lagunionek, a board member at Lidl International, in early June. It was also announced that Lidl Denmark’s CEO Dirk Fust will be moving over to the US to help with network expansion. We look at the background of the new duo and what it could mean for the future of the discounter in the US. Mich...
25 May 2021
The GB market declined 0.4% in the 12 weeks to 16 May, according to the latest results from Kantar. The decline reflects the tough comparisons against record-breaking figures from 2020 and the beginning of the pandemic. Reduced restrictions and the roll out of the vaccination programme has further impacted sales, with shoppers starting to return to their pre-pandemic buying habits. Despite thi...
24 May 2021
UK variety discount retailer Poundland has opened two trial Poundland Local stores, moving its brand beyond the traditional high street/shopping centre format into smaller footprint (sub-3,000 sq ft), local neighbourhood locations for the first time.  The stores located at Kendray, Barnsley and Hornsea are both in Yorkshire, and both have been developed in former Fultons Foods stores; part of the...
24 May 2021
As it announces its exit from Russia, we review developments from the retailer as it looks to invest in its operations in its remaining markets. Rewe to sell Billa Russia to Lenta… Following on from its exit from the Ukraine , Rewe has announced it is to sell its Billa supermarket operations in Russia to Lenta for €215m in cash. Billa operated 161 supermarkets with a total selling area o...
14 May 2021
With COVID-19 impacting the way people shop, each channel has had to adapt to satisfy changing shopper needs. The discount channel has had a mixed experience dealing with these changes throughout the pandemic. Sales have been negatively impacted due to shoppers using fewer channels and avoiding smaller stores. For the variety discounters, such as Poundland, they have also had challenges including...
04 May 2021
Aldi in Australia has committed to achieving zero waste to landfill, with a phased approach to achieving its target. Food waste will be the top priority The discounter in Australia has always taken a strong stance towards sustainability and last year announced that 100% of its operations would be powered by sustainable energy by the end of 2021 . It will now focus on improving how it deals...