Discount Retail Chain BİM Birleşik Mağazalar A.Ş. (listed BIST: BIMAS) has decided to apply for permission to the Banking Regulation and Supervision Agency for the establishment of a traditional participation bank. According to the statement made by BİM to the Public Disclosure Platform (KAP), a strategic roadmap has been determined for the financial subsidiary planned to be established. As a result of the feasibility studies initiated on the digital participation bank in O

Discount Retail Consulting management team recently visited the Pangdonglai Angel City (天使城) store in its home town Xuchang. Pangdonglai (胖东来), often hailed as China's "retail miracle" or the "Trader Joe's of China," is a beloved supermarket and shopping mall chain based in Xuchang, Henan Province. It is only active with its 13 stores in the Henan province and plans to open a new store in the capital of Henan Province Zhengzhou in 2026. Pangdonglai is privately owned by the f

Discount Retail Consulting (DRC) was invited as international experts to a high-profile CAA event with 500+ attendees. The member event is organised annually by the China Ants Alliance (CAA), a major retail buying alliance based in Zhengzhou, China. The 2025 National Private Brand Conference combined with the China Ants Alliance (CAA) Annual Meeting in Zhengzhou (December 15-16, 2025) was a massive success, with more than 3,000 retailers and suppliers visiting this annual eve

Discount Variety Retail Chain MR. DIY Indonesia, has achieved another historic milestone in inaugurating its 1,200th store with a new outlet in Sumbawa, West Nusa Tenggara, underscoring the company’s strong commitment to national expansion beyond Java to various regions with increasing economic growth potential. The opening of its 1,200th store symbolizes MR. DIY Indonesia's commitment to supporting regional economic growth, strengthening public access to affordable, comprehe

"The Grocer soon going to publish our next trade report (for Q3). We’re just looking at the data for the first couple of months of that. And from what we can see so far, we’re still seeing that persistent increase to the UK.” The top five product categories include fish, poultry, vegetables, confectionery and prepared foods. And some of the biggest increases are soft drinks, spirits, protein concentrates, animal fats and oils. So, why is it happening? What signs are there tha

Discount Retail Chain Hema NB learns Alibaba to anchor its discount retail push. In the first half of this year, Hema NB generated revenue of about RMB 8 billion (USD 1.1 billion), marking double-digit growth from the same period last year. The discounter now operates nearly 300 stores, doubling its footprint in six months, with most clustered in central and suburban areas of major cities in eastern China. Hema declined to comment on the figures. Earlier, the company introduc

Discount Retail Community Chains are the new collective format for retail brands in 2025. At the end of last year, the first store of the "Lianhua Fude (FD)" brand under Lianhua Huashang Group opened in Senhe Plaza, Hangzhou. It has 1,200 SKUs and the store's main products are fresh produce and food, marking the official launch of Lianhua Huashang discount store's new brand "Lianhua FD". On March 20, Dingdong Outlet Wuxi store officially opened. As a community discount store

Discount Retail Chain Hema's NB outlet stores will be fully launched nationwide, entering Jiangsu, Zhejiang, Beijing, and Shanghai. The plan is to open 500 Hema NB outlet stores in 2024. "The model has been implemented. With over 2,800 county-level cities and around 290 prefecture-level cities in China, opening 10,000 Hema NB outlet stores is not a dream, it will definitely come true," mentioned Hou Yi, CEO of Hema, posted on his WeChat Moments in 2024.   It is understood tha

Discount Retail Online Retailer JD.com topped quarterly revenue estimates on Thursday, as the e-commerce giant benefited from steady consumer spending thanks to government subsidies and lower prices. JD.com saw growth in both user base and customer shopping frequency in the July-September quarter, CEO Sandy Xu told analysts on a results call, adding annual active customers hit 700 million in October. As China’s top home appliances retailer, JD.com has benefited from govern

Discount Variety Retail Chain MR. D.I.Y. Holding (Thailand) Public Company Limited (MRDIYT), Thailand’s leading home improvement and lifestyle retailer, is set to launch its Initial Public Offering (IPO) to raise up to THB 5.6 billion (approximately USD 173 million). This offering marks the largest IPO by Market Capitalisation on the Stock Exchange of Thailand (SET) in the last three years. The fundraising effort has secured strong backing from notable domestic and internatio

Discount Retail Consulting had the chance to share their insights on international discount retail in the esteemed RSEF magazine. The Red Sea, a crucial global waterway, connects Europe, Africa, and Asia. Extending from the Suez Canal in the north to the Bab el-Mandeb Strait in the south, it serves as a vital artery for international trade and is a region abundant in cultural heritage, natural resources, and untapped economic opportunities also for discount retail. As the Eur

Discount Retail Consulting Management joined forces with the procurement team of Ottno China at #Anuga 2025 to evaluate potential partnerships with A-brand and private label food manufacturers for one of China’s fastest-growing discount retail concepts, headquartered in Chengdu. Founded in 2021, #Ottno has rapidly expanded to 300 value-for-money discount stores across Sichuan and Chongqing province, offering an assortment of 800 SKUs from international and local brands, compl

Discount Retail Consulting Management was also invited by China Ants Alliance (CAA), after visiting various manufacturers and trading platform companies ( see also our reports on small commodity production city Yiwu  and food production city Luohe  and Aldi China store Shanghai ). CAA is a voluntary retail buying alliance of over 100 regional retail chains operating in 29 provinces across China, jointly operating 9,000 stores with a total annual turnover of about RMB 100 bill

Discount Retail Consulting Management was also invited by the board of retailer Lianhua Supermarket Holdings Co., Ltd. in Hangzhou - about 200 km south from Shanghai, and accommodating 12,6 million inhabitants - during the business development trip in China ( see also our reports on small commodity production city Yiwu  and food production city Luohe and Aldi China store Shanghai ). The Lianhua Supermarket Holdings Co., Ltd. management participated last year in the DRC disco

Discount Retail Consulting (DRC) was also present in the media in China as a journalist followed us on our discount food and non-food private label trip to Shanghai, Yiwu, Luohe, Zhengzhou and Hangzhou. Read more: Weixin Official Accounts Platform #smartdiscount #weixin #trip #china #fmcg #nonfood #privatelabel #pl #drc #discount #retail #consulting #discountretail #discountretailconsulting #retailconsulting #google #yiwu #luohe #shanghai #aldi

Discount Retail Consulting Management naturally needed to visit during its business development trip (see also our reports on small commodity production city Yiwu and food production city Luohe ) some Aldi China store locations in Shanghai. The discount retail trend has also gained traction in China. Recently, various discount concepts have been launched and implemented by local Chinese retailers and e-commerce companies. Meanwhile, Aldi, the pioneer of global discount retai

Discount Retail Consulting's management continued their journey as part of its business development trip to China (see our previous post on Yiwu ). DRC was invited by the management of Luohe City Investment Industry-Finance Technology Company Ltd., which is part of the Central-Southern Henan Digital Industry-Finance Platform, located in Luohe, in south-central Henan Province, about 150 km south of Zhengzhou (population 12 million). Luohe is renowned for its over 7,000 food ma

Discount Retail Consulting's management recently undertook a business development trip to China, including a visit to Yiwu, located about 1,000 km southwest of Shanghai. Yiwu is home to over 75,000 company booths spread across six expansive multi-level buildings, offering 2.1 million commodities that encompass nearly every conceivable type of small commodity. They provide every non-food category, catering to businesses with the most competitive prices! From clothing, home app