USA: Lower-income consumers will start tightening their belts by trading down to private label goods
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Inflation is quickly taking a toll on lower-income American consumers, while higher-income shoppers will continue to spend on premium...
- Apr 5, 2022
- 2 min
USA: Aldi is the fastest-growing US grocery chain, report says
Discount Retail Chain Aldi's (German family owned) frenetic expansion pace last year came on top of the rapid growth it recorded in 2020...
- Apr 4, 2022
- 2 min
China: Lidl wants to buy its own container ships
Discount Retail Chain Lidl Asia Pte. (owned by the German Schwarz Group) now wants to protect itself against the upheavals on the freight...
- Mar 30, 2022
- 3 min
Germany: Aldi founder Theo Albrecht - The discount idea is gaining relevance again
With the istart of Aldi, the entrepreneur revolutionized the food trade. 100 years after his birth, inflation could give the discounters...
- Mar 30, 2022
- 1 min
Germany: Cloud service from the supermarket giant?
Discount Retail Chain Lidl's mother the Schwarz Group, also the owner of Kaufland wants to succeed with cloud services. Initially, the...
- Mar 30, 2022
- 2 min
Belgium: 7 out of 10 Belgians more often opt for private labels
As a response to rising inflation, more and more Belgians are opting for private labels, supermarket chain Aldi claims. A survey...
- Mar 30, 2022
- 5 min
Serbia: MERE developing in Serbia
Discount Retail Chain MERE (owned by the Russian Schneider family) is one of the Russian companies operating in Serbia, for a little over...
- Mar 29, 2022
- 2 min
USA: L.A.-based Kingswood Capital adds 200-store grocery chain to its California retail holdings
Discount Retail Chain The Save Mart Companies announced Monday that it has been acquired by Kingswood Capital Management LP, an...
- Mar 29, 2022
- 2 min
UK: Bestway Wholesale boosts revenues by 10%
Discount Wholesale and Retail Chain Bestway Wholesale (owned by Anwar Pervez) has reported 10% growth in revenues during 2021 to £2.66...
- Mar 28, 2022
- 1 min
Germany: Lidl sells almost 4 times more than Kaufland
Discount Retail Chain Lidl (owned by the German Schwarz Group) and Kaufland, recorded revenues of EUR 125.3 billion (US$ 138Bn) in the...
- Mar 27, 2022
- 2 min
UK: Lidl to create over 1,200 warehouse jobs as it opens largest global DC in Luton
Discount Retail Chain Lidl GB (owned by the German Schwarz Group) will create over 1,200 new warehouse jobs by the end of 2025 as it...
- Mar 27, 2022
- 3 min
Poland: 250 Netto transformed of 301 Tesco stores and 2 DCs. Cost: US$176 million
Discount Retail Chain Netto Poland (owned by Danish Salling Group) acquired 301 stores in and two distribution centers from Tesco in...
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