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  • USA: Five Below Price Targets Raised on Positive Outlook

    US Discount Retail Chain Five Below is a leading high-growth value retailer offering trend-right, high-quality products loved by tweens, teens and beyond. It knows life is way better when you're free to "let go & have fun" in an amazing experience filled with unlimited possibilities. With most items priced $1-$5, and some extreme value items priced up to just $10, Five Below makes it easy to say YES! to the newest, coolest stuff across 8 awesome Five Below worlds: Style, Room, Sports, Tech, Create, Party, Candy and Now. Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has over 900 stores in 36 states. With a net sales of almost $1.9 billion, CAGR of 22% and net profits of 9.5%. The challenges of the last few months were unprecedented. Five Below temporarily closed stores on March 20th as it joined many other retailers in doing our part to help stop the spread of COVID-19. This decision had significant financial ramifications, but the health and safety of its customers and crew are priority. During this period with stores closed, Five Below worked very quickly yet carefully to implement safety protocols for reopening.” Five Below reopened approximately 90% of its stores, providing its customers with a safe and fun shopping experience and the outstanding value that they know and love from Five Below. Five below is very pleased with the initial sales trends it sees as stores reopen, and is really proud of how our team is adjusting to the new environment. Agility, flexibility and innovation, along with extremely disciplined cost and capital management, are inherent to its discount non-food retail model and how it operates. These qualities will continue to serve and navigate the firm through this period and beyond, expanding its store base and brand to realize 2,500 plus nationwide store potential.”

  • Spain: Discount chain Zeeman textiles and non-food will create 40 jobs in Zaragoza

    Discount Non-Food Retail Chain Zeeman opened it first store in the Aragonese capital following other Catalan and Valencian cities. Throughout the summer it continues to open four another stores. Zeeman aims to be a neighborhood store, with basic products at a very affordable prices. According to sources from the company, Zeeman, which started its activity in the Netherlands in 1967, was chosen "the best chain of baby and children's clothing stores in the Netherlands, Belgium, France and Germany". Click on image for more:

  • Hungary: Lidl celebrated its 15th anniversary

    Discount Retail Chain Lidl is already 16 years present in Hungary, opening its first stores in 2004. Right now the discounter has 3 logistics centres and 182 stores, and it employs more than 6,000 people. Did you know that: - almost 60 percent of the products available in Lidl stores are supplied by Hungarian partners. - in 2019 Lidl exported Hungarian wines in the value of more than $17 million – this represented nearly 30 percent of the country’s total bottled wine export. - Lidl has made a pledge to reduce the salt and sugar content of private label products by 20 percent until 2025. - At the end of last year, Lidl rolled out 100-percent plant-based meat alternatives: Next Level Meat products are vegan and climate-friendly. - In the last few years, Lidl donated about $1 million for improving the living conditions of several thousand families and children. Click on image for more:

  • Hungary: ALDI has been growing steadily

    Discount Retail Chain Aldi Hungary continued the grow over the years, and launched significant new investments, creating many new jobs in the Hungarian economy. Aldi South, since 2008 present in Hungary, has 144 stores, employing a total of more than 3,800 people in its stores and logistics. Recently Aldi expanded its IT services company, ALDI International IT Services Kft (AIIS) and moved to a larger building in Pécs, which now provides 160 business and IT solutions for the complete ALDI South Group business and logistics centers. Aldi Hungary future plans include: - expanding its AIIS 'service portfolio, introducing new IT and business services, and increasing the number of employees; - introduction of a new marking system of pictograms next to the price tags to make it easier for consumers to identify each organic and non-organic product. At the same time it constantly expands the number of exempt products to provide the widest possible choice for consumers affected by food intolerance; - a new 8,800-square-meter cold store warehouse expansion in Biatorbágy expected to be completed this year. The new cold store warehouse will be equipped with a -23° C freezer and a 0° C cold store rooms with nine ramps, allowing its stores to offer 40% more refrigerated products. Giving Aldi's customers even more choice of convenience products; - continue its cooperation with the Food Bank, currently 99 of its 144 stores (69%) provide food suitable for human consumption to those in need with the help of the aid organization. - reduce its ecological footprint. Aldi is carbon neutral since 2018, meaning it offsets greenhouse gas emissions from operational activities by supporting climate protection projects. It continues to be at the forefront of environmentally friendly solutions, not only in the use of packaging, protecting water, saving energie and installing e-chargers. Aldi Hungary will take further steps with its customers for a sustainable future. Click on image for more:

  • Poland: Aldi starts off and wants to triple the number of stores opened!

    Discount Retail Chain #Aldi Nord is looking for land plots for real estate store #investments of minimum 800m2. After #Spain and #France it has ambitious plans to develop its Polish store network for the coming years, targeting to triple the number of stores opened by the end of 2022. Aldi is present in #Poland since 2008 and has 141 stores ytd. So far, ALDI has been looking for land plots and/or real estate rentals in the cities of southern, central and western Poland. With new regional expansion offices in 8 Polish cities, Aldi has been expanding its real estate expansion practically throughout Poland since the beginning of 2020. The discount retail #formula is now ready for a dynamic development in Poland. Click on image for more:

  • Germany: Aldi honored for its VEGAN product category

    Discount Retail Chain Aldi has now been awarded the #Vegan Food #Award 2020 by #Peta (People for the Ethical Treatment of Animals). According to Peta, #Aldi is the discounter that offers the largest offer for #vegetarians and vegans in #Germany with its #private #label #assortment "MEIN #Veggie Tag".

  • Germany: Lidl continues to expand its Bioland range and focuses on regional products

    Discount Retail Chain #Lidl is successfully driving forward the #expansion of its #private #label Bioland #assortment range in diverse product #categories. With a wide variety of #Bioland products, the food Discount Retailer wants to inspire customers for bio products from sustainable #agriculture and #FMCG production, so that they become a #steady part of every purchase. Click on image for more:

  • Austria: HOFER is the strongest brand in retail

    Discount Retail Chain #HOFER shows that #sustainable, #responsible and #innovative management pays off. The latest study results of the BrandAsset Valuator (BAV) determining brand strength - carried out by the marketing agency VMLY & R - show that #Austrian consumers selected HOFER as the strongest brand in #retail with high levels of #trust and #authenticity. Click on image for more:

  • Spain: Back to basics

    Discount Retail Chain Aldi #Spain has steadily grown its #fresh share to more than 20%, during the last two months. Fresh #vegetables have increased by 31% and fresh #fruit by 17%, and fresh #meat and #fish by 39% in their #stores. In addition, especially the high volume fresh products have grown the most in sales. The consumer's focus on #basic product references, #price sensitivity and support of #local suppliers are some of the lessons learned during this #health crisis. Click on image for more:

  • USA: McDonald's from a takeaway to a billion dollar fast food system gastronomy company

    Discount Retail Chains and fast food chains both rely on efficient system based lean standard operating processes (SOP) and a rigid organisational #DNA, decentralised responsibilities with limited SKUs, high volume private label #SKU procurement and efficient supply chain. Easy to scale and grow into global market places. #McDonald's key successes are: • Efficient service system gastronomy becomes a recipe for success • IPO price was $ 22.50 • 330,000% price increase since going #public 55 years ago Click on image for more:

  • Poland: Discount stores open the door for local suppliers - will Uncle Bogdan break Uncle Ben's?

    Discount Retail Chains are giving local producers more access and are in a clearly better position. Discounters organize special campaigns in which small manufacturers can send requests to place their products on their shelves. Is this the beginning of successful cooperation? Will Uncle Bogdan rice appear next to Uncle Ben's? Click on image for more info:

  • Germany: Aldi continues to expand Special Offers online app services

    Discount Retail Chain Aldi and his colleagues' special offers are particularly popular, because no matter whether tent, TV or desk chair: the offer vary and often the products are real bargains. But if you are not fast enough, you end up at an empty shelf, because the supply quantity do not meet the customer demand. Discounter Aldi Süd now wants to prevent exactly this problem and is now offering an availability check in an app. Click on image for more:

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