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Jun 26, 20234 min read
Research: growth in the average visit frequency and the average time spent per shopper in Poland
Poles shop on average by more than 10% more often than last year, therefore the traffic in stores increased by over 9% y/y. for the...
Jun 7, 20232 min read
USA: Five Below on track to open 200-plus stores; convert 400 stores to new format
Discount Variety Retail Chain Five Below (listed NASDAQ: FIVE) is continuing its aggressive expansion even as its customers face...
Jun 6, 20232 min read
Poland: Poundland owner Pepco posts strong sales thanks to store expansion strategy
Discount Variety Retail Chain Poundland owner Pepco has posted an 11% increase in sales and 23% boost in revenue as trading remained...
Jun 5, 20231 min read
Poland: Comarch will conduct IT paper work for Lidl
Discount Retail Chain Lidl Poland (owned by the German Schwarz Group) will entrust the implementation of shared service e-invoicing in...
May 15, 20231 min read
Turkey: Mr. DIY opens 46th store in North-East Turkey
Discount Variety Retail Chain MR. D.I.Y.'s (listed XKLS: MRDIY) new store was opened in Parkur Bursa Shopping Centre. MR. D.I.Y. Turkey...
May 12, 20231 min read
Netherlands: Action is growing fast everywhere
Discount Variety Retail Chain Action (owned by PE investor 3I group) achieved a turnover growth of 36% in the first quarter. In the first...
May 2, 20232 min read
Poland: Woolworth will enter Poland this year
Discount Variety Retail Chain Woolworth bets on the Blix Group. The first Woolworth store will be opened in Poland in May this year,...
May 2, 20232 min read
USA: Aldi reveals big US growth plans
Discount Retail Chain Aldi USA (German family owned) is the fastest-growing grocer and will have 2,400 locations by end of 2023 Following...
Apr 19, 20231 min read
Portugal: Lidl switches to digital price tags
Discount Retail Chain Lidl Portugal (owned by the German Schwarz Group) has announced plans to introduce digital price tags in all its...
Nov 21, 20221 min read
France: Action passes the milestone of 700 stores in France
Discount Non Food Retail Chain Action (owned by PE i3 Group) is continuing its development in France. The bar of 700 stores in France was...
Oct 1, 20222 min read
Iberica: KIK opens first stores in Portugal and Spain
Discount Textile Retail Chain Kik (owned by the German Tengelmann group) soon opens its first stores in Portugal and Spain. The German...
Aug 17, 20222 min read
South-Africa: Pick n Pay launches a new discounter format 'QualiSave'
Discount Retail Chain QualiSave (owned by South African Pick n Pay) was launched last Monday (15 August) aiming at middle-market South...
Jul 10, 20222 min read
Italy: Lidl to open 150 new stores by 2024
Discount Retail Chain Lidl Italia (owned by the German Schwarz Group) has reported a 2021 turnover of €5.9 billion (US$6 bn), up +6.9%...
May 29, 20222 min read
USA: Lidl continues expansion in DC
Discount Retail Chain Lidl US (owned by the German Schwarz Group) is planning for its third location in the District Columbia. The...
Mar 29, 20222 min read
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 27, 20222 min read
Netherlands: Action is growing very fast in the corona crisis with US$1.1 Bn
Discount Variety Retail Chain Action (owned by PE firm 3i Group) who sees it as a cheap Chinese rubbish under cheap fluorescent lighting...
Mar 21, 20221 min read
France: Carrefour launches Spanish discounter Supeco in France
Discount Retail Chain Supeco (owned by French retail giant Carrefour) is to open the first two stores of its Spanish in France. Supeco...
Mar 10, 20221 min read
Turkey: File expands in the Aegean
Discount Retail Chain File (owned by Turkish hard discounter BIM) entered the Turkish Aegean Region with the investment it made in Izmir...
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