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- South Africa: Shoprite brings mobile shop to Ocean View
Discount Retail Chain U-Save (owned by Shoprite) brings mobile shop in truck to location, where no shop is. Click on image for more:
- Russia: Annual Report 2019 - PYATEROCHKA
Discount Retail Chain Pyaterochka (owned by X5 Retail Group) presented its 2019 successful results. Click on image for more:
- Canada: DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS
Discount Non-food Retail Chain DOLLARAMA REPORTS FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS: Comparable store sales growth of 2.0%, or 3.8% excluding impact of calendar shift, for the fourth quarter of Fiscal 2020 Comparable store sales growth of 4.3% for full-year Fiscal 2020 Full-yearFiscal 2020 guidance met on all key metrics Click on image for more:
- Italy: despite of everything and everyone, the discount channel continues to grow further
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- Germany: Grocers are significantly increasing their sales in the Corona crisis
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- Germany: Its Discounter Time
Discount Retail Chain could in the medium to long term, surpass supermarket growth. Not only, but also because they drive price promotions vigorously. Click on image for more:
- USA: Top analyst Matthew Boss: Dollar stores and discount retailers may emerge stronger after corona
Discount Retail Chains, dollar stores, off-pricers and strong global brands will emerge stronger after the COVID-19 pandemic take market share, use their size and scale according to Matthew Boss, analyst at JPMorgan. Click on image for more:
- South America: Incredible growth prospects for Hard Discount stores
Discount Retail Chains' 5-year expansion projections of the main Hard Discount formats in Colombia are focused on doubling their income in an approximately two years. All financed with large capital injections by different investment funds and the financial sector. Click on image for more:
- Global: Big Winners From a Transformative Decade in Retail
Discount Retail Chains Lidl and Aldi (including their US subsidiary Trader Joe’s) had a great decade. Granted, they have barely moved over the decade in the global rankings, but have managed to grow in every single market where they are present. Moreover, the share of foreign revenue is among the highest in the industry (over 60%). Their relentless focus in the hard discount model (good quality private labels at very low prices), together with their ‘no-nonsense’ approach (no fancy M&A and almost no advertising nor digital presence) and organic growth awards them the prize for composure on the face of the Amazon schizophrenia that has affected most competitors. Focusing on the basics is still a winning strategy in the 21st century regardless of the markets you are in. Lidl is now the third and Aldi the seventh biggest retail chain in the world. Click on image for more:
- Colombia: Tiendas D1 exists 10 years
Discount Retail Chain D1 (owned by Koba International Group) and largest discounter in Colombia is existing 10 years. A greenfield retail succes story. Having more than 900 stores, more than 8,000 employees and $1,5 billion in sales in 2019. Click on image for more:
- Poland: Netto increases its net profits in 2019
Discount Retail Chain Netto Poland (owned by the Danish Salling Group) generated a net profit of $24 mio in 2019. The profit will be allocated to its capital. In 2018, the company generated a net profit of $22 mio in Poland. In 2019 Netto expanded its store network from 370 to 380. In its 2019 financial report, the company states that it still intends to actively invest on the Polish market. The Management Board expects to open 20 new stores in 2020 and to open approximately 25 new stores annually in the following years. Click on image for more:
- Hungary: Discounters are customers' favourite
Discount Retail Chains Lidl and Penny Market are both in the top 3 favorite stores of Hungarian customers (Lidl first and Penny third), according to a recent poll conducted by Pulzus Kutató. When asked which retail chain store they spend the most recently on, 20% of respondents said Lidl stores, 19% Spar, 14%Penny Market, and 13% Tesco. Trade Magazine recently ranked store chains year by year according to their gross turnover in 2019, shows a somewhat different order. Tesco is still in the lead, with a store chain's gross turnover of $2.4 billion last year (-3%). In the ranking published a year ago, with the result of 2018, Lidl was fourth, with a turnover of $2.2 billion. And Spar held third place with 680 billion. According to the Pulse study for Napi.hu, Lidl is the winner at women, 22 percent favorates Lidl. Among 40-59 year olds, Lidl leads: 19 percent of this group have bought there recently. The results of the chain stores were mainly influenced by education. Those with a primary and secondary education mostly go to Lidl stores. The discount chain achieved an outstanding result of 28 percent with a secondary education. Territorial differences are also clearly visible from the survey. Among the residents in the capital Budapest, Lidl reached 25 percent, Aldi also reached above 10 percent. Lidl performed also strong among the people living in the countryside. Click on image for more:












