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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 15, 20211 min read


Russia: My 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 8, 20213 min read


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...
Jul 2, 20213 min read


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 16, 20212 min read
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 15, 20212 min read


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,...
Jun 4, 20211 min read


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 31, 20213 min read


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 leaders at once. Magnit acquired the Dixy retail chain, (see our post https://www.discountretailconsulting.com/post/magnit-to-acquire-dixy-business-with-2-651-stores-in-moscow-st-petersburg-and-other-regions ) and Lenta bought the Billa Russia supermarkets. Behind this high-profile news, one piece of news remained almost unnoticed: the German disc
May 26, 20218 min read


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 closely at the Russian market for the past 18 years, but now the niche in which the retailer operates has begun to actively develop. German company "Lidl Stiftung & Co." issued the rights to use the Lidl trademark in Russia for the retail class. Under this sign she develops a chain of supermarkets-discounters in Europe and the USA. At the moment,
May 22, 20213 min read


Germany: ALDI Nord and ALDI SÜD form ground-breaking partnership with the Global Tuna Alliance
Discount Retail Chains ALDI Nord Group and ALDI SÜD Group (both family owned) become the latest partners of the Global Tuna Alliance...
May 4, 20212 min read


Russia: Owners Discount Retail Chain Fix Price and Svetofor included in list richest businessmen
In the annual ranking of the 200 richest businessmen in Russia, 13 new names have appeared, three of which belong to the owners of...
Apr 27, 20211 min read


Asia: Five reasons FMCG businesses should invest in Asia
Research Institute IGD has recently published a new report looking at the growth prospects for major grocery markets across Asia over the...
Apr 20, 20213 min read


Global: Top 50 Global Retailers 2021
The Top 50 Global Retailers is a fresh look at the 50 most impactful international retailers based on their operations at the start of...
Mar 27, 20213 min read


Global: Top 50 Global FMCG Companies
Fast-moving consumer goods or FMCG (also known as Consumer Packaged Goods or CPG) are, typically, low-value products with a regular high...
Mar 27, 20216 min read


Global: Omnichannel, Private Brands Key to Retailers' Future Success
As we consider the most significant trends impacting purchasing today, consumer demand for private brands continues to remain a focus, as...
Mar 15, 20213 min read


Germany: ALDI announces its Global Corporate Responsibility Strategy and Vision for 2030
Discount Retail Chain ALDI SÜD Gruppe wants to 'Make sustainability affordable to our customers': this ambitious vision is at the heart...
Mar 10, 20213 min read


Germany: DRC's Lebensmittelzeitung Interview - Are Aldi and Lidl likely to pivot toward an acquisition-led growth strategy in the coming years?
Mr. Houppermans, why are #Aldi and #Lidl in Germany currently lagging behind those of the major supermarket operators in terms of their development? Due to the Covid-19 crisis, the discounters are concentrating on the operative business, which is at the expense of expansion and modernization. #Edeka and #Rewe, on the other hand, score highly in their function as local suppliers with a full range of products. At the same time, the perceived price difference between discounters
Mar 8, 20212 min read


Global grocery retail to add US$440bn in sales by 2022
The global grocery retail market is on track to generate an additional US$440bn in sales between 2020 and 2022, yielding a 3.1% CAGR...
Mar 5, 20212 min read
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