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Discount Retail Chains #Lidl, #Aldi South / North and Rewe (owner of discounter #Penny) have improved compared to previous years. #NGO #Oxfam has assessed the business policies of 16 supermarkets and discounters from different countries in relation to their handling of human rights. Grocery retailers in #Germany, #UK, #USA and the #Netherlands were analyzed with regard to the topics of transparency, workers' rights, dealing with small farmers and women's rights. According to the report, the pricing policy in the markets ensures that, for example, harvest workers still receive starvation wages. Lidl, the best German retailer in the ranking, is in fourth place because, according to Oxfam, the company now publishes a large part of its direct suppliers. In the third year of the grocery retailer check, Lidl thus increased from 9% to 32% of the total number of points. Aldi South and Rewe came in sixth and seventh with 25% each, Aldi North in tenth (18%). Click on image for more:

Discount Retail Chain Penny (owned by REWE Group) introduces as first German discounter a 'Scan & Go' app in 100 of its 2,150 German stores. The principle remains the same: anyone who has downloaded the app can use it without registration by using a QR code. In the "shopping cart", the scanned products remain visible at all times. Via the "Pay Now" button, a QR code is finally generated, which has to be scanned at the Scan & Go checkout. Payments are then made exclusively at the classic card terminal. The main arguments for use are clear and straightforward: Pay faster Pack immediately Penny confirms customers can store their products in their shopping bags right after scanning them on the shelf. Besides, it also relieves the Penny store employees. They will now have more time for customers, ordering new goods and/or tidying up the store and shelves. Click on image for more:

Grab Malaysia is expanding its instant retail service after studying customer demand for goods during the nation’s Covid19-related social-distancing initiative. According to Grab Malaysia MD Sean Goh, many convenience stores and grocery retailers were able to treble their sales using the #GrabMart delivery service during the lockdown restrictions. Now, as the country’s retailers are allowed to open their doors again and normal trading resumes, #Grab believes more consumers are seeking safe, reliable ways to shop for daily needs without visiting stores. The ‘new normal’ will potentially affect retailers who traditionally rely on high foot traffic and walk-ins – from health and beauty retailers, toys, gifts, and stationery shops to florists. This is a gap where GrabMart is able to step in and address while helping to make the government’s upcoming Shop Malaysia Online initiative a success. Grab is a multinational ride-hailing company based in Singapore. The company offers a range of services, including transport, on-demand delivery, consumer and financial services on a single mobile platform. Grab operates in Southeast Asian countries such as #Singapore, #Cambodia, #Indonesia, #Malaysia, #Myanmar, #Philippines, #Thailand and Vietnam. It is the region's first "#decacorn" (a startup with a valuation of over US$10 billion), with a valuation of $14 billion as of 2019. Click on image for more:

Price levels for #food, #beverages and #tobacco vary considerably across the Europe including #Turkey. In 2019, the prices for food and non-alcoholic beverages in Denmark were 29% above the EU average, while in #Romania and North Macedonia were 34% resp. 39% below the EU average. Non-alcoholic beverages were more expensive in Ireland at 35% above the EU average and least expensive in Romania at 25% below. #Alcohol was priced in #Finland at 91% above the EU average, while at 24% below in Romania. For tobacco, the highest prices were observed in #Ireland (125% above the EU average), while the lowest were recorded in #Bulgaria (47% below). The results of the annual survey are expressed in price level indices (PLIs), which provide a comparison of countries' #price levels with respect to the European Union average. Price levels for food, beverages and tobacco These three main groups represent on average 16%, 2%, 2% and 3% of household expenditure respectively. Price levels for #bread and #cereals, #meat, #fish and #dairy products These four sub-groups represent on average 17%, 23%, 5% and 16% of household expenditure on food, respectively. Price levels for #oils and #fats, #fruits, #vegetables, #potatoes and other food products These three sub-groups represent on average 4%, 22% and 14% of household expenditure for food, respectively. Price convergence A comparison of the price dispersion within the EU observed on the basis of the surveys conducted since 2009 shows that for three main groups of products dispersion in 2019 was lower than in 2009. The country groups included in the analysis are the 27 European Union (EU) Member States, United Kingdom, 3 EFTA countries (#Iceland, #Norway and #Switzerland), 5 candidate countries (#Albania, #Montenegro, North #Macedonia, #Serbia and Turkey) and one potential candidate country (#Bosnia and #Herzegovina). Click on image for more:

Discount Retail Chains and online groceries have grown on the wave of COVID-19 in Poland according to a Nielsen study. The market share of Discount Retail stores in Poland is still growing - according to Nielsen data. From February to May this year, discounters increased their food share from 36% to 40 %. The online grocery shopping has also risen, but the channel's share in the FMCG total is still only around 1%. Changes in consumer's purchasing behavior has shifted through different channels. In the food market, in March, sales moved to supermarkets, large and nearby stores, and discount retail stores. The latter have also gained due to the large number of outlets and the adaptation of strategies, e.g. shopping at night. Click on image for more:

Discount Retail Chain Aldi Nord has bought 25 Volvo FM's for its own distribution to its stores. Another 18 new Volvo trucks will follow later this year. Aldi invests heavily in its supply chain operation. The company recently announced that it would build a new distribution center in Deventer. A new DC is also being built in Groningen. The discounter not only invests in stones, but also wheels. Aldi has purchased 25 Volvo FM's as a replacement. The trucks have 380hp, Euro6 and numerous environmental, comfort and safety-enhancing features. Volvo was also involved in the truck cartel case and was fined, but did not have a negative financial impact for Aldi Nord as non-listed supplier, according to an insider. Now it is one of the only listed suppliers for trucks at Aldi Nord. Click on image for more:

Discount Non-food Retail Chain KiK (owned by the Tengelmann Group) was able to further increase its sales in 2019 clearly surpasses all the target marks set and exceeded the sales mark of $ 2 billion. The decisive factor for this was the successful international expansion e.g. in Poland, Italy and Romania as well as the implementation of sustainable cost efficiency programs. The total number of stores increased by 185 to 3,881 stores, including 2,646 in Germany. In its home market, the sales development was a reflection of the developments on the overall market, which was characterized by the increase in online trade and lower frequencies in the city centers. After the difficult past year for the entire textile industry, KiK achieved a clearly positive result in 2019 and clearly exceeded the goals set. KiK stands for 'Kunde ist König' translated this means 'customer is king', the discount basic textile supplier was founded in 1994. KiK Textilien und Non-Food GmbH offers women, men, children and baby clothing in good quality at a comparable price . In addition to clothing, the range also includes gifts, toys, beauty products, accessories and home textiles. With more than 26,000 employees and over 3,800 branches in Germany, Austria, the Czech Republic, Slovenia, Hungary, Slovakia, Croatia, Poland, the Netherlands, Italy, Romania and Bulgaria. KiK is among the top ten in the German textile trade and has been offering its customers the option of ordering online at www.kik.de. since 2013. Click on image for more:

Discount Retail Chain OBA (owned by Veyseloglu Holding) opened its 8ooth store. OBA started its first store in 2016, providing a daily needed assortment to customers at the lowest possible price with high quality. OBA, the first hard-discounter in Azerbaijan, offering consumers about 700 products. Most of the products sold are private brands (PL-Private Label). OBA offers its customers not only PL brands, but also brands at affordable prices OBA stores aims to operate throughout Azerbaijan by rapidly increasing the number of stores. In the first half of 2017, the number of stores in the country reached 400. The rapid development of the OBA concept was based on customer satisfaction, product quality and the lowest price offer. Products sold in OBA stores are up to 20% cheaper than competitor products. The main reason for this is that the products offered are directly from the producer to the consumer, without branding. Thanks to centralized warehousing and lean logistics, OBA delivers directly to its own stores. This frees the assortment from additional supply chain costs. Click on image for more:

Discount Retail Chain Netto's acquisition of the Tesco Poland stores is for its mother Salling Group a strategic and the largest transaction in the company's history. CEO Mr. Bank estimates that 200 of the 300 supermarket stores being acquired already fit the size of the Netto store (most of them former Price Leader stores which Tesco acquired in 2006 from Casino), and many of the remaining 100 larger (Tesco developed) stores can be reduced in size. Some will be closed and sold. The transformation of the Tesco stores into the new Netto 3.0 brand and format will take 18 months and is according to Netto a very ambitious plan with a manageable time pressure, meaning opening 4 modernized stores a week (nevertheless significantly slower as Aldi's ANIKo new store-concept roll-out). Salling will spend $ 250 million on rebranding and modernization of the acquired stores. Netto estimates it will be more profitable than last year, before the acquisition. Probably already in the first year - says Salling Group CEO Mr. Bank. Click on image for more:

Discount Retail Chain Boxer Superstores (owned by Pick 'n Pay) opening of its 300th store proved there is no better road to success than listening to its customers. It has always been anchored on giving customer the best deals. Boxer, which originally traded as KwaZulu Cash & Carry when it opened in 1977 in Empangeni, KwaZulu Natal, has been part of retailer Pick 'n Pay (PnP) for the past 18 years. PnP (2nd largest supermarket chain store in South Africa) has more than 1,600 outlets in seven countries. Discounter Boxer trades across nine South African provinces and also has stores in the Kingdom of eSwatini. It employs 20,000 people. The company’s marketing was heavily driven by advertising, which is targeted across its broad range of customers, from civil servants to salaried workers, self-employed individuals and grant recipients. The stores are located in urban, peri urban and rural.com munities, with smaller stand-alone stores through to major shopping malls. Boxer is pursuing growth. It has a systematic development programme to its effective supply chain and ultimately lowering costs to serve, while boosting product availability. Boxer will open its fourth Polokwane distribution centre later this year. Next to the other distribution centres in East London, Lanseria and outside Pietermaritzburg. In addition Boxer has a specialist meat factory based in northern KwaZulu Natal that provides affordable meat products across its private label brands.” Further Boxer works with NGOs to assemble and deliver food hampers, and recently contributed about $ 120,000. Click on image for more:

Discount Retail Chain #Netto #Poland (owned by Salling Group) made an agreement to acquire #Tesco Poland. The planned transaction is now subject to merger approval from the EU Commission and Polish Office of Competition and Consumer Protection, which will be finalised by Q4 2020. For $ 380 mio Salling Group agreed to #acquire Tesco Poland from the restructuring British grocery giant Tesco. The price is realistic and is in line with Netto's strategical vision to become a significant player in the whole of Poland, not least in southern Poland. Making it a good deal for Netto. The retailer’s parent company, Salling Group, sold 163 Netto stores in Sweden in 2019 to help fund its growth in Denmark and Poland. Where its profits are increasing and further scale is needed. With the acquisition Netto strengthens its position as third largest discount retail chain in Poland, after #Biedronka and #Lidl. Taking a leap ahead of Aldi Poland. This opportunity gives Netto an opportunity for rapid growth with good locations, especially since so far Netto has no strong position in Poland. It certainly means more competition on the market in the discount segment, which will be beneficial for customers. The deal consists of 301 stores, 2 warehouses, HQ and 7,000 employees. Netto plans to double its sales in Poland and over the next 12-18 months spending $ 250 mio to integrate and #rebrand the Tesco stores to its recently introduced and succesful Netto 3.0 concept. According to PMR data, the combined shares of Netto Polska and Tesco Polska for 2019 were 3.6 %. Which means that after a possible merger, the market share of the Danish discount chain will increase by 2.5 %. Netto's experience in other European markets shows that rebranding will be effective, nevertheless the operational integration of both businesses can be difficult. However, Netto has good (internal and external) integration #advisers and defining a detailed action plan. In fact, integration is, in retrospect, crucial to the success of the entire transaction. Remains one last question, why did #Aldi Poland not take this chance to breakthrough in Poland? This would also fit in its business strategy after the planned the expensive take over of #Casino's Leader Price in France. Click on image for more on the Netto - Tesco deal:

Discount Non-Food Retail Chain #TEDi (owned by German #Tengelmann Group) will debut on the #Czech market in July, informs mediaguru.cz. The first stores will be opened in Opawa and Prościejów. Globally, TEDi has over 2,300 stores and operates in eight European countries. TEDi offers a range of accessories for cars and bicycle, seasonal, primarily home furnisher and interior design, office accessoire, electronical, cosmetic, DIY as well as toy and animal products. Depending on the size and location, customers can choose from up to nine thousand products in its stores. Branded goods are increasingly added in both the permanent and in & out assortment. With its focus, TEDi competes with Discount Non-Food Retail Chains like #Pepco, #Kik or #Tiger. In the third quarter of 2020, the Dutch discounter #Action also plans to enter the Czech market. TEDi's #online store remains only available in Germany. Click on image for more: