Discounter

Discounter Action Sees Sales Surge After Store Expansion

European discount retailer Action delivered sales growth of 20.9% in its first quarter, the chain's private equity owner 3i has said.

Why Aldi Is Likely To Remain A Formidable Competitor In Retail Grocery: IGD

Discounter Aldi Süd has positioned itself well to thrive beyond the cost-of-living crisis, as Dan Butler, Senior Insight Analyst at IGD explores.

Penny Italia Achieves €1.6 Billion In Turnover In 2023

Discounter Penny Italia closed 2023 with a turnover of €1.62 billion, growing its network to 449 stores across 18 Italian regions.

Lidl Belgium To Permanently Lower Prices Of Own-Brand Plant-Based Products

Lidl Belgium plans to permanently lower the prices of own-brand plant-based protein products to the level of animal variants as it seeks to promote conscio...

BIM 'Has Not Been Asked' To Operate In Canada, CEO Says

Turkish discounter BIM has not received any invitation or been officially asked by the Canadian government to operate in the North American country, its CE...

Discounter B&M Expects Full-Year Profit At Top End Of Guidance

British discount chain B&M European Value Retail S.A. has forecast a 9.8% increase in full-year profit at the top end of its guidance as it reported a...

Lidl Austria Reports Growth In Market Share In FY 2023

Lidl Austria has seen a 0.6% increase in market share to 5.9% in its financial year 2023, data from GfK showed.

Italian Discount Chain Eurospin Makes Maltese Debut

Italian discount supermarket chain Eurospin has opened its first store in Malta, located in the city of Mosta, about 17 kilometres from the capital, Vallet...