discount

Pepco Group Core Earnings Rise 46%, Boosted By New Store Openings

Pepco Group, which operates the PEPCO, Poundland and Dealz discount retailer brands in Europe, has reported a 46% jump in its 2020/21 core profit, reflecti...

Promotion Levels On The Increase Across Europe, Nielsen Study Finds

The share of goods sold on promotion across Europe's grocery stores reached 18.2% in the four weeks to 4 October, its highest level this year, a new study...

Discount Operator B&M Posts 'Strong Start' To Financial Year

British discount retailer B&M European Value Retail has posted a 27.7% increase in group revenue in the first quarter of its financial year, to &po...

UK Retailer B&M Says Better Placed Than Most To Cope With COVID-19

British discount retailer B&M reported a 3.2% increase in full year profit and said it was better positioned and more resilient than most to deal w...

Dollarama's Fourth Quarter Profit Misses Estimates

Canadian discount chain Dollarama Inc's quarterly profit marginally missed analysts' estimates on Thursday, as fewer customers shopped at its dollar stores...

Action Sees Sales Up 3.2% In Full-Year 2018

Benelux-based discount retailer Action has posted 3.2% like-for-like sales growth in full-year 2018, to €4.2 billion. Net sales growth was up 23.3%...

Ireland's Henderson Family Agrees Purchase Of 50 Poundworld Stores

Ireland's Henderson family said on Thursday that it has agreed to buy around 50 Poundworld stores, having struck a deal with the administrator of the colla...

Retail Analysts Weigh Up Rumoured Tesco Discount Fascia

Following news at the weekend that Tesco is rumoured to be planning a new discount format – Jack's – analysts have speculated on what...

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Dollar General Same-Store Sales Miss Estimates