Discounter

Russian Discounter Torgservis Aims For Expansion Into German Market

Russian discounter Torgservis wants to enter the German market via a Berlin-based subsidiary called TS Markt, according to Retail Detail. The discounter...

Russia's O'Key Announces Appointment of New Chief Executive

Russia's O'Key Group has announced the appointment of Armin Burger as its new chief executive. Burger, 55, is currently the chief executive of the group...

'More Questions Than Answers' As Tesco Set To Launch Discounter Plans: Analysis

With Tesco summoning leading industry journalists and analysts to rural Cambridgeshire next Wednesday, for the unveiling of what is believed to be the reta...

Tesco Set To Launch New UK Discount Format Next Week

Tesco, Britain's biggest supermarket group, is set to launch a new discount format next week, taking the fight directly to German discounters Aldi and Lidl...

O'Key Group Aims To Emulate Lidl To Fill Russian Retail Niche

O'Key hopes that its Russian discounters can mirror the rise in Europe of German-owned chains Lidl and Aldi, as Russian consumers count their pennies, its...

Penny To Modernise Its Regional Structure To 'Balance Performance'

Rewe Group's discount banner Penny has announced that it is modernising its regional structure to focus on five regions, rather than the previous eight, in...

O'Key Group Records Sales Increase, Expands Discounters

Russian retailer O’Key Group recorded annual revenues of RUB 177.5 billion (€2.32 billion) for full year 2017, a 1.14% increase year on year, as...

Russia's O'Key Sees Q1 Sales Decline Due To Supermarket Selloff

Russian retailer O'Key Group said that its group net retail revenue for the first quarter declined by 6.9% year-on-year, due to the group selling off its s...