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

Discount Retail Chain Aldi is causing every major retail giant in China to lose sleep. Aldi doesn’t offer paid memberships, doesn’t run flashy ads, and refrains from making a big splash on the internet. How does it succeed? A bottle of milk for 7.2 yuan, and a fresh-baked pastry for 1.9 yuan. Right in tier-1 cities, it delivers everyday products at genuinely affordable prices. Recently, it went viral—not only because it sells grocery staples at bargain prices, but also becaus

Discount Retail Chain Aldi shows prices on the shelves that are almost unbelievably cheap. Toothpaste is 5.9 yuan, a 100ml cleanser is 9.9 yuan, a pack of sanitary pads is 3.9 yuan, a large tub of yogurt is just over 10 yuan, and a butter croissant is a little over 3 yuan each. Someone holding a shopping basket picks up items while remarking, "This is way too cheap," before turning around to post on social media: This place is simply a "poor-guy paradise." Aldi has in the rec

Across global markets—and with striking velocity in China—a structural shift is underway in commercial real estate: shopping malls are aggressively evicting legacy hypermarket anchors and replacing them with hard discounters and high-velocity value formats. The map is being redrawn. Legacy hypermarkets like Yonghui, Sun Art Retail (RT-Mart), and Walmart are scaling back or exiting prime basement locations, while hard discount formats — led by international heavyweights like A

Discount Retail Chain Meituan's Happy Monkey has officially crossed the 100-store milestone, opening 8 stores in two days, with its 100th store located in Zhongshan. Maintaining a steady pace of 7 to 8 new stores per month, it has emerged as a dark horse in the hard discount sector. 8 Stores Opened in 2 Days Happy Monkey’s 100th Store Lands in Zhongshan, on September 30, the Guzhen World Trade Plaza store of Meituan Happy Monkey Supermarket officially opened. This is among th

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

On July 18–19, 2026, Discount Retail Consulting GmbH (DRC), in strategic partnership with Rayland Partners (睿远联合) and Retail World Media, hosted an exclusive, closed-door International Retail CEO Workshop (国际零售CEO闭门研习会) at the C Central Hotel in Futian, Shenzhen. Designed for C-suite decision-makers, retail owners, category heads, and FMCG brand leaders, the intensive two-day masterclass delivered an operational blueprint on Hard Discount Retail Operations and Private Label P

Discount Retail Chain Aldi has successfully used this dupe or “lookalike” strategy for decades. It’s a familiar experience for many Australians. Shopping at discount supermarket chain Aldi, you see an off-brand product that looks similar to a major brand’s product you know and love. You decide to buy it, because not only does it look familiar, it also costs much less than you would pay elsewhere. Aldi has successfully used this dupe or “lookalike” strategy for decades. Howeve

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 Aldi China expands rapid beyond Shanghai. By late August 2026, ALDI (奥乐齐) had surpassed 120 stores in China, with expansion accelerating sharply in the Yangtze River Delta region, pushing down from Shanghai into prefecture-level cities and even county-level markets. Nanjing and Nantong openings A new store at Nanjing's Yuhua Wuyue Plaza (opened August 22) reportedly posted the highest sales of any ALDI location in the city, drawing over 80,000 shoppers t

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

Many industry observers assume that Mercadona’s dominance stems purely from aggressive pricing. In reality, its true competitive edge lies in an integrated ecosystem: synchronized quality control, operational efficiency, disciplined private label development, curated assortment management, and a seamless store experience. In Turkey, FİLE (owned by Turkish market leader BIM) serves as one of the closest market comparisons to this philosophy. Positioned between a traditional su

Discount Variety Retail Chain Action, the non-food discounter, delivered strong growth in the first half of 2026 as more customers visited its stores and price reductions gained traction. Net sales increased 14% to €8.3 billion, while like-for-like sales grew 3.6%. The company welcomed an average of 22.7 million customers per week, up 12% year-on-year. Action expanded its store network to 3,423 stores across 15 countries. To support its continued growth, Action created 4,464

Discount Retail Consulting D1 has become one of the protagonists in the commerce sector in recent years. Its growth has been sustained and, by 2025, it had a turnover of 24.3 billion pesos, growing at double digits, with an expansion that, in the opinion of Christian Bäbler, president of the company, is progressing at a "good pace". Last year, 200 stores were added to reach about 2,800 in the country. It was a good year," says Bäbler, explaining that the market, in general, g

Discount Retail Chain Grocery Outlet is back opening stores, The Emeryville, Calif.-based retailer plans to open several locations in California after announcing 36 store closures earlier this year due to expanding in the wrong markets, according to multiple reports. A store in Ontario Ranch will open next week, and the company has scheduled more openings in Ramona, San Francisco, Clovis and Petaluma. Grocery Outlet plans to open 30 to 33 new stores this year. During its firs

Discount Retail Chain Tiendas 3B started 2026 with revenues of 22,860 million pesos during the first quarter, a growth of 33.4% compared to the same period in 2025. The chain opened 123 new stores between January and March, reached a network of 3,469 units and reached 20 distribution centers in operation. In the message to investors included in the quarterly report, K. Anthony Hatoum, Chairman and Chief Executive Officer of BBB Foods Inc., indicated that the company recorded

Discount Retail Chain Tiendas 3B Bolivia, the fastest growing savings chain in the country, officially opened its 67th store in the municipality of Warnes, thus strengthening its expansion in the department of Santa Cruz and reaffirming its commitment to bring real savings to more Bolivian families. The new branch opens its doors with the proposal that characterizes Tiendas 3B: all the essential products for the home, really low prices, hundreds of offers every month and a tr

In the high-stakes arena of hard discount retail, success ultimately hinges on three execution pillars: product, efficiency, and price. As market competition intensifies, Private Label (PL) programs have evolved from a margin-boosting option into the primary strategic battleground. When executed properly, private label naturally optimizes product differentiation, slashes cost structures, and unlocks maximum pricing elasticity. However, capturing this value requires a profound