Discount Retail Chain Lidl UK's finance chief has quit as the German-owned discounter struggles to achieve profitable growth. Marco Di Costanzo is leaving after two years in the role. It is understood he will be taking up another post in the Schwarz retail empire that owns Lidl once a successor is named in the New Year. His departure comes as experts predict another bumper Christmas for Lidl as it pursues an aggressive expansion plan. Lidl has nearly 1,000 stores and is closi

Discount Retail Chain Lidl UK is set to introduce affordable mobile phone plans in several countries later this year, positioning itself as a new competitor to established telecom operators. The chain informed the Financial Times of its plans to expand beyond Germany, Austria, and Switzerland with a mobile service that could eventually be available in up to 30 countries, including the UK, US, France, and Spain. Lidl has not disclosed which markets it will prioritize initially

Discount frozen food Retail Chain 𝗜𝗰𝗲𝗹𝗮𝗻𝗱 (RMB 40B annual turnover) has signed for its first full-capability East China flagship "Iceland Shopping Park" in Wuxi Liangxi, set to launch in Q3 2026. The project core is a 𝟯-𝗶𝗻-𝟭 𝘀𝗺𝗮𝗿𝘁 𝗿𝗲𝘁𝗮𝗶𝗹 𝗺𝗼𝗱𝗲𝗹 (𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻 + 𝗠𝗖𝗡 𝗹𝗶𝘃𝗲 𝘀𝘁𝗿𝗲𝗮𝗺𝗶𝗻𝗴 + 𝗔𝗜 𝗲𝗺𝗽𝗼𝘄𝗲𝗿𝗺𝗲𝗻𝘁), competing with Sam's, ALDI and Hema. It integrates 200+ global/local brands (Chinese/Wuxi time-honored

Discount Retail Consulting management team was out in full force at EuroShop 2026 in Düsseldorf on February 24 and 25. The event lived up to its reputation as a premier networking hub, allowing us to engage with an impressive mix of prospective clients and long-standing partners. The exhibition served as a vital touchpoint for our global network, offering the chance to reconnect with international clientele from China, Turkey, Germany, North-Macedonia, the UK, Russia, Thailan

Discount Retail Chain Aldi UK has announced plans for 40 new store openings across the country this year. The retailer said these plans will amount to a £370 million investment. The announcement comes as part of Aldi's £1.6 billion two-year investment programme, revealed last year. The plan looks to open 80 new stores across the UK within two years as part of Aldi's ambitions to have a portfolio of 1,500 UK stores. While Aldi has not yet revealed where exactly in the UK it wi

Discount Retail Chain Lidl UK has reported a 'record-breaking' Christmas with sales and customer numbers climbing. Lidl posted sales up 10% overall year-on-year, as turnover reached £1.1 bn, in the four weeks to Christmas Eve. Shopper numbers rose 8% to approx. 51 million. Lidl GB CEO Ryan McDonnell said: '2025 was a record-breaking Christmas for Lidl, with more customers choosing to shop with us than ever before. By continuing to invest in low prices and champion British foo

"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 Lidl UK has recently added a self-scanning feature to its loyalty app and it could help cut customers time at the checkout. The update means shoppers can use their app to scan items with their phone before paying at a checkout. This feature was being tested out in a “friends and family” trial in four stores earlier this year, ahead of an expected rollout next year. Lidl has filed a trademark in Europe and the UK for “Lidl & Go” for digital payment and s

Discount Variety Retail Chain Action was purchased early last decade by Britain’s oldest private equity firm 3i, even those involved in...

Discount Retail Chain Lidl UK has secured a major investor-backed deal to support the construction of 35 new stores across the UK and...

Discount Variety Retail Chain Poundland has been going through some changes recently. Amidst its sale to the Gordon Brothers in June, the...

Discount Retail Chain Aldi UK has lost its crown as the most affordable supermarket, according to UK consumer watchdog 'Which?' after...

Discount Retail Chain Lidl UK is preparing to open its 1,000th UK store in November this year, 31 years after opening its first. The...

Discount Retail Chain Poundland got financing of Gordon Brothers up to £80 million in financing to support the management team’s proposed...

Discount Retail Chain Aldi continues to evolve beyond traditional operational boundaries, with its latest initiative demonstrating how...

Discount Retail Chain Lidl GB has today announced plans to invest half a billion pounds in its expansion, as the discounter moves forward...

Discount Retail Chain Aldi UK’s share of the grocery market has hit 11% for the first time as its sales grow at the fastest rate since...

Discount Retail Chain Aldi has revealed that it plans to invest £67m in upgrading its existing stores during 2025 as part of a programme to improve the shopping experience for its customers. The discounter noted that it had spent almost £600m on store upgrades since 2017, and with the first phase of these updates nearly complete, it was moving on to the next stage of its store enhancement programme. The initial store upgrades focused on creating more space for fresh, chilled,