Discounter

Aldi Denmark Continues Business Turnaround, Although Work Still To Do

Aldi Denmark has reported a full-year deficit of DKK 342 million (€46 million) in full-year 2020, an improvement on its 2019 performance, as the disco...

Discounter Mere Eyeing Potential Sites Across UK

Russian discounter Mere, which operates stores in Germany, Poland, Serbia, Ukraine, Romania and a number of European markets, is eyeing up potential sites...

Lidl Commits To US Strategy With Appointment Of New Chief Executive

Lidl has announced the appointment of a new chief executive in its US operation, with former Lidl Poland president Michal Lagunionek set to take the reins...

Italy’s MD To Open 47 New Supermarkets This Year

MD ended 2020 as the second largest discount retailer in Italy and the third largest in sales, with a market share of 15.5% (15.1% in 2019), new data has s...

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...