Discount Retail Chain BİM has decided to start the establishment process of a new company that will work in the fields of software development, artificial intelligence, cloud computing and cyber security. Digital banking and payment services were also included in the company's scope of activity, provided that the necessary permits were obtained. BİM Birleşik Mağazalar is going to a new company structuring for technology activities. According to the statement published on the

At the 2026 Global Consumer & Retail Conference in Manhattan on October 8, DRC and Santander discussed how discount grocers are reshaping food retail worldwide, and why investors are paying attention. The deal flow is clear. This year, Aldi Süd took a minority stake in Philippine hard discounter Dali, which has grown to more than 1,300 stores since 2020. In 2024, Mexico’s Tiendas 3B raised close to $600 million in its NYSE listing. Strategic investors and public markets are n

Discount Retail Chain Lidl Northern Ireland, a discount retail chain, increased its turnover to over £600 million last year, as revealed in its latest financial report. The company states that a significant portion of this revenue has been "reinvested" into its Northern Ireland stores, with new locations in Ballysillan and Craigavon, and upcoming sites in Enniskillen and Bangor. Additionally, Lidl reports spending more than £600 million on local goods and services in the year

Discount Retail Chain Lidl and Biedronka are increasingly boldly going beyond food and reaching for money that has so far gone to specialist stores. Tools, power tools, small household appliances, clothing, toys or home furnishings are not only to be an addition to grocery shopping. Vitaly Vladykin, Senior Research Manager at Euromonitor International, points out that the development of non-food allows chains to look for additional sources of sales and margin growth and incre

Discount Retail Chain Lidl's owner Schwarz Group is among the potential bidders for Tesco's Central European business as Britain's largest food retailer looks to retreat from overseas markets, the Financial Times has reported. Dutch supermarket chain Ahold Delhaize and Polish discount retailer Biedronka also intend to bid for Tesco's continental European business, which spans stores in Hungary, the Czech Republic and Slovakia, the report said, citing people familiar with the

Discount Retail Chain Lidl Global CEO Kenneth McGrath recently made his first strategic trip to China, meeting with Wumart Group (Wumei) to explore opportunities in retail innovation. When contacted by DRC China for verification, Wumei stated that this was merely an industry exchange visit and that there are currently no formal cooperation or operational plans in place. With competition in China's hard discount sector heating up, is Lidl’s visit at this precise moment a simpl

Discount Retail Chain Lidl Germany recently added Wero as an additional payment option on lidl.de. In online shopping, pricing and delivery times are not the only factors that matter—available payment methods can be equally decisive. Alongside established options like PayPal or credit cards, new alternatives are rapidly gaining traction. Among them is Wero, the European payment service already being adopted by major merchants. Now, customers can also complete their purchases

Discount Retail Chain Lidl and Einride are testing a driverless electric truck in Edermünde. A Federal Motor Transport Authority (KBA) permit allows this type of vehicle in real-world operations for the first time. Discounter Lidl and transport company Einride have launched Germany’s first cabinless, autonomous electric heavy goods vehicle into real-world operations on public roads. The driverless vehicle operates in Edermünde, Hesse, near Kassel, traveling between a Lidl reg

Discount Retail Chain Lidl Hungary has opened its largest logistics centre to date, in Kiskunfélegyháza, following an investment of nearly HUF 60 billion (€165 million). Constructed over two years, the 83,000-square-metre facility expands the retailer’s workforce to 10,500 by creating more than 400 regional jobs, with plans to hire an additional 50 staff members in the near future. The complex – large enough to house 36 standard Lidl stores – will streamline the supply chain

Discount Retail Chain Denner, a Migros-owned discounter, presented another high-profile departure occurred this week. Head of Marketing Raphael Werner (42) is stepping down after just two years. It happened abruptly: Werner made his departure public on his own initiative without mentioning a new position. Surprisingly, just the week before, Werner received the industry's highest honor: "Best Marketing Officer of the Year." Further Departures Coming hat's not all: another seni

Discount retail chain Lidl España reached a private-label sales value share of 82.6% this year, with Mercadona close behind at 78.6%. The popular narrative suggests private labels are crushing national brands across the board, but the data tells a different story. FMCG sales directors know the market numbers, yet a client recently confessed his team is utterly exhausted—burning budget and morale trying to force secondary brands onto discounter shelves. Our advice to FMCG supp

Discount Retail Chain Lidl`s CEO Kenneth McGrath, global CEO of Lidl, visited last week China for the first time. Lidl a leading global discount supermarket brand and ALDI's fellow "German twin" competitor. Clearly, this inaugural visit indicates Lidl's current interest, or at least curiosity, regarding the Chinese market, especially following ALDI's success there. One of the public stops on McGrath's itinerary was a visit to Wumart Group. Wumart's main connection to Lidl lie

Discount Retail Chain Lidl has officially reached a major milestone in its global expansion, opening its 13,000th store worldwide in Raunheim, Germany. The discount powerhouse now operates across 32 countries, maintaining a vast domestic foundation of roughly 3,250 German store locations. Key Metrics at a Glance 13,000 Total Lidl stores globally 32 Active international markets ~3,250 Stores operating in Germany 25 New regional jobs created in Raunheim 1. Tailored Urban Expans

Discount Retail Chain Lidl US has introduced a 10% discount for its workers that it stacks on top of loyalty program offers. Lidl US has introduced a 10% discount to all of its workers, a company spokesperson confirmed to Grocery Dive. The discount can be combined with deals from the grocer’s new loyalty program. With the new offering, Lidl joins other major grocery retailers in providing a discount as a workplace perk. Lidl said that the discount not only helps provide fina

Discount Retail Chain Lidl Ireland emerged as Ireland's fastest growing retailer in the latest 12 weeks, with 10.3% growth compared to the same period last year, according to latest data from Worldpanel by Numerator. Lidl saw existing shoppers returning to its store more often, while an influx of new shoppers contributed an additional €46.3 million to its overall performance. However, its market share stood at 14.8%, behind Dunnes Stores, Tesco and SuperValu. Irish Grocery Sa

Discount Retail and customer loyalty programs simply didn't mix. The entire discount promise was built on a single idea: everyone pays the same low price, no cards, no apps, no games required. Lidl has spent the last several years quietly dismantling that rule and the scale of what it's built is now hard to ignore. From Taboo to Core Strategy Personalized offers delivered through an app were, for a long time, considered off-limits for a discounter like Lidl. That's changed dr

Discount retail has never been a static business model. The Aldi and Lidl that European shoppers walk into today bear little resemblance to the bare-shelf, no-frills formats of twenty years ago. Understanding why that evolution happens is essential for anyone operating in, or entering, the hard discount space. The Model: Price, Value, and the "No Compromise" Position Retail strategist Hans Eysink Smeets uses a framework, his "NoCompromise" model, to explain how discounters ev

Discount Retail Chain Lidl Poland's campaign exposed the pricing strategy used by Biedronka, but also by other chains. During the price war on the Polish market, Lidl publicly pointed out to Biedronka for differentiating the prices of the same products depending on the location of the store. In the opinion of Tomasz Stec, managing partner in the Warsaw office of the international company Simon-Kucher, which specializes in pricing, it is worth noting another interesting aspect