4 days ago
1 min

Russia: Russian hard discount chain Blizkiy opens 100th store in Far East

Far Eastern network of hard discounters "Blizkiy" reaches a milestone by opening their 100th store this week. The discount retailer plans to open at least 24 new stores for this year. Within 2 years, the Blizky food retail chain has grown from 9 to 100 stores. According to the CEO Vladislav Grebenyuk Grebenyuk the number of customers in the network increased by 40% in 2022 compared to 2021. A new type of consumer has appeared - "a new economical one". Such customers want to m

Mongolia: Non-food variety discount chain Fix Price enters the Mongolian market

Jan 18
1 min

Asia

Mongolia: Non-food variety discount chain Fix Price enters the Mongolian market

Russian variety discount chain Fix Price has opened the first two stores in mongolia's capital, Ulaanbaatar. The stores which carry about 1,100 SKUs were opened according to the franchising scheme. The goods will be delivered from the DC in Novosibirsk, which is approx. 2,700 km away from Ulaanbaatar. "Plans for further expansion of the network in Mongolia will be adopted on the basis of an analysis of the first results of work," said Vladimir Pogonin, director of the Fix Pri

UK: Aldi and Lidl store openings show fierce inter-discounter rivalry

Jan 16
2 min

Europe

UK: Aldi and Lidl store openings show fierce inter-discounter rivalry

A battle royal is raging among the discounters as they fight for the best sites in the lucrative south east of London. The two German discounters have been going toe-to-toe when it comes to UK store expansion programmes. Aldi opened 43 stores in 2022, while Lidl opened 51, according to data from location analytics firm Maximise UK. But the numbers in the south east were even closer: nearly one in three stores opened by each discounter in 2022 was in the south east of England,

Jan 14
1 min

Europe

Spain: Aldi to open 50 stores in 2023

Aldi Espana has announced the opening of around 50 new stores in Spain in 2023, which represents an acceleration of its expansion drive in the country, following the opening of over 40 stores in 2020 and 2021 respectively. Growth will focus in the regions Galicia, Balearics, Canaries and Asturias and will include the opening of Aldi´s first store in the autonomous city of Melilla in North Africa. Aldi ended 2022 operating 394 stores in Spain with a total sales area of over 44

USA: Discount variety chain Five Below to open 200+ stores

Jan 14
2 min

Americas

USA: Discount variety chain Five Below to open 200+ stores

Five Below has laid out ambitious store plans for 2023. The tween and teen discounter said it plans to open the most stores in its history — more than 200 locations — in fiscal 2023. It also plans to convert more than 400 stores to its new “Five Beyond” format, which contains an in-store shop featuring higher-priced items. The concept, now in place in some 250 locations, evolved from the chain's "Ten Below" pilot, which featured a section of merchandise priced above the retai

UK: Aldi is set to stop home delivery of its "Specialbuys"

Jan 14
1 min

Europe

UK: Aldi is set to stop home delivery of its "Specialbuys"

Aldi is set to stop home delivery of its Specialbuys, as well as wine and spirits to work on keeping prices low and extending its grocery click and collect offering. While wine and spirits delivery, which first launched in 2015 will no longer be available as of later this month, Specialbuys can still be purchased online until autumn. However, the amount of these items available online has already been reduced, according to reporting by The Grocer. Once the delivery of these i

Ireland: Lidl grows slightly in Irish market

Jan 14
1 min

Europe

Ireland: Lidl grows slightly in Irish market

Worldpanel by Kantar Irish grocery data for 12wks to 25/12//22 sees Dunnes top @ 23.7% market share ahead of Tesco @ 23.0%. SuperValu are 3rd on 21.0% with Lidl 4th on 12.2% and Aldi 5th on 11.6%. Sales grew +6.7% in the period but inflation hit 15.4% so volumes were down -4.0%. privatelabel grew +11.1% versus brands at +4.2% indicating growing price sensitivity as inflation hits spending power. Lidl gained 0.5ppts share YOY during the 12wks to Christmas with a solid seasonal

Russia: After the successful launch of My Price, Magnit wants to launch another discount concept

Jan 12
1 min

Europe

Russia: After the successful launch of My Price, Magnit wants to launch another discount concept

Largest Russian retail chain Magnit (more than 27,000 stores), plans to launch a new discount format, while the relative new My Price discount format is already a success. The success of discount chains has been one of the major trends in the Russian market last year, with consumers' interest in discount shopping intensifying amid the economic fallout. "We consider discounters one of the most promising formats for further development, so we will actively increase our presence

Jan 7
1 min

Europe

Germany: Aldi launches 3rd XXL store

The discounter opened the new large box in a former Real store (Metro group) in Boblingen. The store covers a sales area of about 1,775 m2. The new 8-aisle store with a premium look & feel offers a market-place-like fruit & vegetables section; the same for the bakery section. Also, for the non-food In-Out section a significant area has been allocated. Despite the large size of the store (37m length and 48m width meter) Aldi still sticks to their range of about 1,800 SKUs and

USA: Aldi expands strongly at the Gulf Coast

Jan 7
1 min

Americas

USA: Aldi expands strongly at the Gulf Coast

Aldi supermarket chain is continuing its expansion across the Gulf South - including the greater New Orleans area - with the opening Thursday of its first location in the city of Metairie. The new store is the latest of several Aldi locations to open in south Louisiana. In 2022, the company opened three stores in the Acadiana area. “We have big plans across the entire Gulf Coast, which we define as Lafayette to Tallahassee, Florida,” said Heather Moore, Aldi’s Loxley division

Germany: how a German grocer became the fastest-growing food retailer in the USA

Jan 7
6 min

Europe

Germany: how a German grocer became the fastest-growing food retailer in the USA

The History: Aldi has its origin in a small store set-up by Anna Albrecht in Germany back in 1913. After WW2 Anna handed over the store to her two sons who turned it into a chain and then split it into two companies. The companies reported combined net sales of around $95 billion over 2021. Here's how Aldi got there. #aldi #aldinord #aldisud #history #usa #growth #discounters #tradeperformance #smartdiscount #discountfoodretail #discounter #discount #foodretail #retail #drc

Jan 7
2 min

Europe

UK: B&M posts strong Q3 trading update

B&M European Value Retail S.A. ("the Group"), the UK's leading variety goods value retailer, today provides a trading update for the third quarter ("Q3") of its current financial year ("FY23"), relating to the 13 week period from 25 September 2022 to 24 December 2022. HIGHLIGHTS Group revenue growth in the quarter of 12.3% year-on-year ("YoY") to £1,567m (+12.3% constant currency basis)1 Total B&M UK fascia2 revenue in Q3 up 10.3% YoY, with one-year like-for-like3 ("LFL") rev

UK: German discounters Aldi and Lidl grow with a stunning 27% resp. 24% in UK

Jan 4
2 min

Europe

UK: German discounters Aldi and Lidl grow with a stunning 27% resp. 24% in UK

Another great sales period for the discounters and continuing strong growth of own label are the headlines from the Kantar UK data for 12 w/e 25th Dec 2022, released at 04.01.2023: 12-wk sales are up 7.6%, increasing from +5.2% from the last period, and the sixth period of positive market value growth. Kantar report value growth accelerated in the last 4 weeks to +9.4%, with Christmas sales hitting a record high of £12.8bn. Inflation hit 14.2%, meaning the market is in volume

UK: Do Tesco and Sainsbury make strong Aldi advertisement with their price match campaign?

Dec 30, 2022
1 min

Europe

UK: Do Tesco and Sainsbury make strong Aldi advertisement with their price match campaign?

Sainsbury and Tesco still face strong competition from the German discounters Aldi and Lidl due to the inflationary environment according to French Lineaires magazine. The full-service supermarkets keep on continuing a price war with their price match campaigns. Source: www.lineaires.com/la-distribution/tesco-va-fermer-ses-derniers-stands-coupe #tesco #sainsbury #aldi #lidl #uk #discounters #pricewar #aldicampaign #pricematch #pricematchcampaign #smartdiscount #discountfoodre

Spain: Grupo Dia, operating discounter DIA, sells Clarel drugstore

Dec 23, 2022
2 min

Europe

Spain: Grupo Dia, operating discounter DIA, sells Clarel drugstore

Portugal-based private equity firm C2 acquires Spanish Clarel drugstore from Grupo Dia. DIA wants to focus solely on proximity food retailing. The deal includes all 1,015 Clarel stores and three distribution centres in Spain. Dia has decided to sell its perfume chain Clarel to C2 Private Capital for 60 million euros, with an expected negative accounting impact of 22.5 million euros in its consolidated income statement at the end of December 31, 2022, as announced by the compa

USA: Aldi the 5th largest store chain after gigantic Kroger - Albertsons merge

Dec 23, 2022
10 min

Americas

USA: Aldi the 5th largest store chain after gigantic Kroger - Albertsons merge

The joining of The Kroger and Albertsons (both in top 3 of U.S. supermarkets) would create a truly national operator with 4,996 stores, 66 distribution centers, 52 manufacturing plants and 2,015 fuel centers in almost 50 states. The merged company also would be the fifth-largest pharmacy retailer, with 3,972 pharmacies. On the dollars side, Kroger and Albertsons generated a combined $210 billion in revenue and $3.3 billion in net earnings in fiscal 2021. Among the largest pla

Research: Consumers can’t get enough of private label, ..... driven by discounters

Dec 23, 2022
4 min

Americas

Research: Consumers can’t get enough of private label, ..... driven by discounters

Grocers are adapting to the ongoing consumer quest for value, according to a new Colliers report. TOP TAKEAWAYS some 61.3% of consumers said they would switch to private label if inflation persists private label will reach 21.6% of sales in 2026 consumers across all incomes report shopping at value grocers, including 48.2% of middle-income and 17.6% of high-income shoppers The grocery sector is likely to weather economic weakness heading into the new year as consumers focus m

USA: Are discounters outpacing traditional supermarkets?

Dec 23, 2022
3 min

Americas

USA: Are discounters outpacing traditional supermarkets?

Report projects 10% growth of the discounters in 2022, and ongoing gains amid inflationary pressures. Sales growth at discount grocers such as Aldi, Lidl and Grocery Outlet likely outpaced overall grocery sales growth in 2022, and the discount segment will continue to gain market share and pressure traditional supermarkets in the year ahead, according to a new report from Coresight Research. “As a result of frugal shopping behaviors instigated by inflation, we believe discoun

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