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Nov 25, 20244 min read
UK: Lidl swings back to profit, will it maintain its position as UK grocery’s star performer?
Discount Retail Chain Lidl UK has bounced back to profit this year, swinging from a £76m loss to a £43.6m pre-tax profit, as it...
Nov 17, 20243 min read
Netherlands: Action is now worth more than AHOLD after profit jump
Discount Variety Retail Chain Action is already worth around 32 billion euros. This is more than the parent company of Albert Heijn,...
Sep 10, 20243 min read
UK: ALDI announces £800M investment in Britain after record sales last year
Discount Retail Chain Aldi UK has announced its largest ever package of annual investment to accelerate its expansion across Britain. ...
Aug 2, 20243 min read
Lithuania: Lidl fights to regain price leadership
Discount Retail Chain Lidl Lithuania is struggling to regain momentum. Last year, the Schwarz discounter posted the lowest revenue growth...
Jul 1, 20242 min read
Germany: ALDI reaches a record of €112 billion in global sales
Discount Retail Chains ALDI South and ALDI North excluding Trader Joe's increased their combined global sales by 8.7% to 112 billion...
Jun 6, 20243 min read
Germany: NETTO improves results
Discount Retail Chain NETTO, owned by the German EDEKA Group, generated revenues of around 17.1 billion euros (plus 1.3 billion euros,...
May 10, 20231 min read
Turkey: Şok increased its net sales revenues in the Q1
Discount Retail Chain Şok Marketler's (listed TYR: SOKM) first quarter net sales revenues increased by 103.6 per cent to TL 20.8 billion...
May 4, 20233 min read
Portugal: Jerónimo Martins' profits grow 59% between January and March
Jerónimo Martins, owner of discount retail chains ARA in Colombia and Biedronka in Poland, saw net income rise across the group to 140...
Mar 23, 20232 min read
Portugal: Jerónimo Martins sees inflation boost profits
Portugal's second-largest retailer, Jerónimo Martins (owner of discount retail chains Biedronka in Poland and Ara in Colombia), has...
Dec 12, 20222 min read
Germany: Action Germany is reaching 1 billion euro in revenues
Dutch Discount Non-food Retail Chain Action (owned by UK based Private Equity company 3i Group) also benefits from the ongoing price...
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