Discounter

Aldi Reaches 400 Stores In Spain, Plans 50 Openings In 2023

Aldi has reached the milestone of 400 stores in Spain with the opening of a new supermarket in Valencia.

Russian Retailer X5's Profit Dented By Expansion Of Discount Chain

Russian food retailer X5 has said declining profit in its fourth quarter was partly owing to aggressive expansion of its network of discount stores as Russ...

Discounter Penny Planning To Expand Store Portfolio In Romania

Discounter Penny has received a capital injection of around €160 million from its parent company, Germany's REWE Group to accelerate development in Ro...

Asda Retail Boss Towle Leaves After Less Than Ten Months

British supermarket group Asda has announced that retail director Ken Towle is leaving the business less than ten months after starting the job.

Aldi UK To Recruit 6,000 After Strong Christmas Trading

The British arm of discounter Aldi said that it is planning to hire more than 6,000 workers, continuing its expansion plans after a robust performance over...

Question Mark Over Future Of Discounter Mere In Bosnia-Herzegovina

Russian discounter Mere has closed its first store in Bosnia and Herzegovina, less than one year since it commenced operations in the Balkan country.

Penny Italia Targeting 8% Share Of Discount Market By 2025

REWE Group-owned discounter Penny Italia is targeting a 8% share of the Italian discounter market by 2025.

European Discount Chain Action Reports 30% Jump In Sales

Sales at European discount retailer Action jumped by 30% to €8.9 billion last year, buoyed by increasingly price-conscious shoppers grappling with hig...