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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 25, 20242 min read
Colombia: Tiendas Ara receives US$120 million loan from IFC for logistics expansion
Discount Retail Chain Tiendas ARA, got a sustainability-linked loan of up to US$120million from the International Finance Corporation...
Nov 25, 20242 min read
Ireland: Aldi's pre-tax profits dip but sales up 3.4%
Discount Retail Chain Aldi Ireland has reported higher sales figures for 2023 but lower profits for the year. Aldi Ireland said its sales...
Nov 25, 20241 min read
Germany: Lidl launches its own private label Dubai chocolate
Discount Retail Chain Lidl Germany is jumping on the Dubai chocolate hype and is launching its own Dubai chocolate. This will even be...
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,...
Nov 11, 20242 min read
Turkey: Şok Marketler continues its steady growth
Discount Retail Chain Şok Marketler continued its steady growth in the first 9 months of the year and reached a turnover of 142.7 billion...
Nov 11, 20241 min read
Croatia: DRC speaks on the Leaders of Trade event in Zagreb
Ever wonder how #Aldi went from a simple discount store to a global retail powerhouse? Meet Marc Houppermans, Drs , co-founder and...
Nov 11, 20241 min read
Germany: Lidl is pushing ahead with its expansion
Discount Retail Chain Lidl Germany is apparently planning to finance its expansion by selling real estate packages. In other words, the...
Nov 11, 20242 min read
UK: Lidl attacks Coca-Cola head-on with Christmas truck
Discount Retail Chain Lidl is bringing its own Christmas truck onto the streets in Great Britain, declaring war on Coca-Cola's cult...
Nov 8, 20242 min read
North Macedonia: KAM to boost sustainability efforts with €6m EBRD loan
Discount Retail Chain KAM Market has received a €6 million loan from the European Bank for Reconstruction and Development (EBRD) to...
Nov 8, 20242 min read
North-Macedonia: KAM Market opened the doors of the largest logistics centre
Discount Retail Chain KAM Market has opened a new logistics center in Skopje after an investment of 12 million euros ($12.6 million). On...
Nov 7, 20243 min read
USA: Grocery Outlet to refocus on value to right the ship
Discount Retail Chain Grocery Outlet's interim president and CEO Lindberg, said in the earnings call that system upgrades for the...
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