Discount news

27 October 2020
We look at how Canada’s leading dollar store chain is flexing its approach to meet the needs of shoppers during the pandemic. 1. Allocating more space to high-demand categories Recent store visits indicate that more space has been allocated in three key categories; household cleaning, personal care, arts and crafts. Most retailers have experienced strong growth in these areas as consumers hav...
26 October 2020
Aldi UK looks set to reach its 1,200 store target by 2025 as it opens its 900th store. Slowing expansion, but still on track to meet target Aldi has said it expects to open around 100 stores over 2020 and 2021. Typically over the past few years Aldi would have opened between 120 and 140 stores over a two year period, therefore the new forecasts represent a slight slowing down of expansion. ...
21 October 2020
Lidl US announced its stores’ upgraded ventilation system will add a new layer of protection for customers and employees. The discounter will install hospital grade air filters in all its US stores by the end of 2020 to help it attempt to prevent the spread of COVID-19. Providing a safer in-store environment Following the announcement issued by the US’s Centers for Disease Control (CDC) tha...
13 October 2020
Lidl will be dissolving Lidl Digital Logistics, according to The Grocer. We explore further what this means for the retailer. Continuing digital exploration We have been eagerly anticipating Lidl's entry into the online channel since 2018 when it first established Lidl Digital Logistics. In December 2019 the retailer first said it was "actively exploring" ecommerce in the UK, hintin...
09 October 2020
Variety discounter Poundland has acquired frozen food specialist Fulton Foods, as part of its continued evolution towards offering shoppers a greater grocery offering. What? The purchase was made for an undisclosed amount, however the retailer has said it is part of a £25m investment into its grocery offering over the next two years. Key elements of the deal; Poundland will retain ...
08 October 2020
America’s leading dollar store chain, Dollar General, is launching a new concept store, popshelf. 95% of range priced at $5 or less The popshelf concept will debut in Nashville, Tennessee later this year, with two stores set to open in the city. It has been designed to create an engaging, fun environment, featuring on-trend seasonal and home décor, health and beauty must-haves, home cleanin...
07 October 2020
In recent years Aldi Nord’s group sales have grown at around 2%, one of the slowest rates in the discount channel globally. The AniKo concept, launched in 2016, was expected to drive a recovery in growth and has required billions to be invested to upgrade the store network. However, the slow pace to add new and more varied products to the assortment, the growing competition and pricing pressures ...
06 October 2020
Aldi has announced it will be removing all free plastic bags for loose fruit and vegetables from store by the end of 2020. A more sustainable alternative Shoppers will instead be able to purchase a reusable bag made from recycled bottles for 25p. Source: Aldi Aldi has said this will save 100 tonnes of plastic a year. Strong commitment to plasti...
02 October 2020
As DIA and Amazon expand the coverage of the Prime Now service to more cities and the retailer sets out its increasing focus on franchising, we look at how it is investing in key areas of its business. DIA and Amazon expand Prime Now coverage As part of their agreement, DIA and Amazon have, through the former’s La Plaza de DIA banner, made the service available in five cities. Now available...
28 September 2020
Aldi UK has released its preliminary FY19 results, for the 12 months ending 31st December 2019, ahead of the impending publication of its full accounts on Companies House. The release show strong sales and profit growth, but a slow down in forecast store openings. We take a look at the results in more detail and consider the retailer's evolution in 2019 and 2020. Strong sales growth continues ...