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Germany: Lidl Owner among Bidders for Tesco's CEE Business
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
Sep 241 min read


China: ALDI China is shifting into high gear
Discount Retail Chain ALDI China is hitting the "accelerator." From infrastructure upgrades to major retail milestones, the discounter is solidifying its footprint in the Chinese market through a three-pronged strategy: supply chain efficiency, store expansion, and localized product innovation. Strategic Expansion & Milestones ALDI recently hit several key growth markers that underscore its commitment to the region: Logistics Infrastructure: In February, the launch of the Wux
Apr 202 min read


Malaysia: MERE gears up for Malaysian debut
Discount Retail Chain MERE owned by Svetofor Group, which operates a chain of grocers in Russia and across Europe is planning to make its entry into Malaysia, possibly its first Southeast Asian destination. The group, known for its hard discount stores/budget supermarkets, is understood to be awaiting the green light from the Ministry of Domestic Trade and Cost of Living to commence operations, sources say. The Edge understands that Svetofor Group, founded by Sergey Shnayder,
Jul 30, 20245 min read
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