Discounter

They're Back! Lidl's Sneakers Return Having Developed A Cult Following

Discounter Lidl isn't usually the sort of place you would associate with must-have fashion, although the Lidl sneaker, pairs of which have sold for close t...

Fix Price Raises $2bn In Russia's Largest IPO Since 2014

Fix Price set the final offer price for its initial public offering (IPO) at $9.75 per global depositary receipt (GDR), the top of its target range, implyi...

Vollmart Enters The Polish Discount Market

A new hard discount chain, Vollmart, has entered the Polish market, with the opening of its first store in Siedlce on Wednesday, according to media reports...

Aldi To Spend Additional £3.5bn On Food And Drink From British Suppliers

Aldi plans to increase the amount of food and drink it buys from British suppliers by £3.5 billion within the next five years as the company continue...

Russia's Fix Price Sees Like-For-Like Sales Up By A Fifth In Q3

Russian retailer Fix Price saw its like-for-like sales rise by more than a fifth (+20.6%) in the third quarter of its financial year, boosted by a 15.9% in...

Aldi UK To Invest £1.3 Billion In Operations As Profits Rise

The British arm of discounter Aldi plans to invest £1.3 billion (€1.43 billion) over the next two years as it reported a 49% increase in 2019 pr...

Aldi Hits 2,000 Store Milestone In US, Commits To 'Coast-To-Coast' Expansion

Aldi has said that it is committed to a 'coast-to-coast' expansion across the United States, with the discounter recently opening its 2,000th store in the...

Lidl Poland President To Take On Wider CEE Role

The president of Lidl Polska, Maksymilian Braniecki, is to take on a wider role overseeing the discounter's operations in Poland, the Czech Republic, Slova...