Discount Retail Industry Report over the First Half 2026 shows more than 12,000 new discount stores opened across China, roughly 67 per day. Total sector sales reached around RMB 260 billion in 2025, with 2026 projected to top RMB 280 billion, an 8.3% year-on-year increase. The first-half 2026 numbers on China's discount retail sector all point in the same direction. Offline, Chao Hesuan NB added a net 141 stores in H1, doubling its city footprint from 12 to 24. JD Discount S

Discount Retail Chain Lidl, the prominent discount retail chain, alongside its sister company Kaufland, drove their parent company, the German retail powerhouse Schwarz Group, to a total revenue of €185.6 billion for the 2025 financial year. This marks a solid 5.8% year-on-year growth compared to the €175.4 billion recorded in 2024. Despite navigating ongoing geopolitical and economic crises, the group successfully expanded its global footprint by opening 300 new brick-and-mo

Discount Retail Online Retailer JD.com topped quarterly revenue estimates on Thursday, as the e-commerce giant benefited from steady consumer spending thanks to government subsidies and lower prices. JD.com saw growth in both user base and customer shopping frequency in the July-September quarter, CEO Sandy Xu told analysts on a results call, adding annual active customers hit 700 million in October. As China’s top home appliances retailer, JD.com has benefited from govern

MR. DIY Thailand Launches the first official online store (www.mrdiy.co.th), to fully enter the e-commerce market. The do-it-yourself...

Discount Non-Food Retail Chain TEDi (owned by German Tengelmann Group) will debut on the Czech market in July, informs mediaguru.cz.