Turkey: BİM produces its own energy
Discount Retail Chain Bİm (listed on IST: BIMAS) Executive Board Member and CFO Haluk Dortluoglu: "The total power of GES in our Batman,...
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- Oct 31
- 1 min
Russia: Fix Price introduces new price categories in stores throughout Russia
Discount Retail Chain Fix Price introduces new price levels for the sale of goods, 59 rubles (US$0.83) and 79 rubles (US$1.11), while...
- Sep 26
- 3 min
USA: Costco’s revenue soars 17.5% to $196bn in 2021
Discount wholesale retail chain Costco’s fourth quarter and full year results and the challenges it is seeing with higher costs, shipping...
- Sep 18
- 1 min
Conference: 'Lean ways to discount' by DRC and Wagner & Partners
Retail Conference Signup If you are interested in attending the free of charge "Strategies To Bring Businesses A Successful Future"...
- Sep 4
- 11 min
Russia: Russian Aldi owners build a new discount retail network in Europe
Brothers Sergey and Andrei Schneider, owners of the Svetofor, opened more than 50 discounter MERE branded stores outside Russia during...
- Aug 23
- 2 min
Turkey: ŞOK Marketler provides additional employment for 2,700 employees
Discount Retail Chain ŞOK Marketler (listed TYR: SOKM) continued to grow in the first half of the year, it offered job opportunities to...
- Aug 18
- 5 min
Russia: Russian Aldi: How Svetofor Store Owners Build a Retail Network in Europe
Brothers Sergey and Andrey Schneider, owners of the Svetofor chain, have opened more than 50 stores outside of Russia in four years. How...
- Aug 12
- 2 min
China: Li & Fung reveals first private-label brands created for JD
Li & Fung is strengthening its partnership with JD by launching a multi-category collection of own-label products for the online...
- Jul 28
- 2 min
UK: Iceland trials plastic-free and ‘reduced plastic’ packaging for potatoes and fish
Discount Frozen Foods Retail Chain Iceland latest moves have the potential to save 96 tonnes of plastic a year. It has extended its...
- Jul 15
- 1 min
Russia: Fix Price opened 4,600 stores
Discount Variety Retail Chain FixPrice (LSE: FIXP) reported that in 5 months of 2021 the company opened 333 retail stores in different...
- Jul 8
- 3 min
Russia: Mr Price discounter show 30% LFL sales uplift
Discount Retail Chain My Price (owned by Magnit PJSC, MOEX and LSE: MGNT), one of Russia's leading retailers, showed a 30% uplift in...
- Jul 2
- 3 min
China: Hotmaxx grows fast
Too thrifty to shop for pricy food? A new discount grocery retail chain began popping up all over Beijing over just the past few months...
- Jun 16
- 2 min
Germany: ALDI sets 30% global goal for recycled content in plastic packaging
Discount Retail Chain ALDI SOUTH Group (German family owned and active in 11 countries globally) is committed to using an average of 30%...
- Jun 15
- 2 min
Germany: discount retail chain owners at the very front of richest people in Germany
These are the two richest Germans both owners of discount retail chains: 1. Beate Heister (69) & Karl Albrecht Jr. (74) - discounter Aldi...
- Jun 4
- 1 min
China: Chinese discounter store Miniso is growing by one new store a day
Chinese discount variety retail chain Miniso (public compan traded at NYSE: MNSO) accelerated its expansion plan during the pandemic,...
- May 31
- 3 min
Russia: Magnit to acquire Dixy business with 2,651 stores
Russian Retail Chain Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia’s leading retailers, announces it has reached an...
- May 26
- 8 min
Russia: Lidl prepares for its market entry?
Last week has been very eventful. We observed a kind of redistribution of the Russian retail market, initiated by several industry...
- May 22
- 3 min
Russia: Discounter Lidl comes to Russia
The owner of a large international chain of discounter Lidl has registered a trademark with Rospatent. The company has been looking...