Discount news

21 July 2020
As retailers across the Nordics invest in foodservice opportunities in-store, out of store and online, we share some of the latest innovations from Finland. 1. Europe’s biggest sushi seller and country’s biggest venue in new partnership Kesko K-Citymarket Järvenpää, which won the IGD Store of the Year award 2019 claims to be Europe’s biggest sushi seller, selling thousands of kilograms...
21 July 2020
The discounter opened its 2,000 th store in the US. By the end of 2020, Aldi will enter Arizona, its 37 th state, and plans to open another 70 stores. Strong investments and fast expansion to continue Despite the COVID-19 pandemic, Aldi maintains its investment and expansion plans with the objective to reach 2,500 stores by the end of 2022. The 2,000 th store opened in June, in Californi...
21 July 2020
Don Don Donki plans to open its first store in Malaysia in 2021. Strategic location in the heart of the capital The street-fronting store will be at Lot 10 shopping mall, outside Bukit Bintang train station. It will occupy three floors, providing a wide range of Japanese products including food and souvenirs. The location is near a cluster of hotels and shopping malls along Bukit Bintang, a...
17 July 2020
Aldi Sud has appointed a third managing director, Erik Döbele, at its central purchasing team. As reported by Lebensmittel Zeitung, Erik Döbele will take over a part of the purchasing team from August 1, whilst Simon Gelzer, another director, will focus on the coordination of purchasing activities with Aldi Nord. Accelerating coordination with Aldi Nord The new appointment aims to accelerat...
17 July 2020
Poundland has announced major transformation plans, according to Retail Gazette. This follows on from the evolution we saw last year where Poundland introduced a new pricing structure and grew its grocery range to include chilled and frozen.  Trialling online delivery  This week Poundland will be closing one of its stores in Cannock, to convert it to an online fulfilment centre. It will beg...
15 July 2020
Aldi announced the expansion of its home delivery trial with Deliveroo. A further 11 stores Aldi has initially conducted the trial, back in May, in eight stores in Central England, before extending the trial to another store in Camden, London, in June. The trial has now been expanded to an additional 11 stores, including five located in London, and others in Manchester and Cambridge. ...
14 July 2020
Despite disruptions from COVID, Lidl is still on track with its opening plans. We look at these in more detail. 100 new store openings by 2023 Despite the challenges of COVID-19, Lidl plans to continue with its ambitious expansion plans. The retailer has two key goals for the years ahead, according to Retail Gazette; Open 25 new stores by the end of 2020 Reach 1,000 sto...
14 July 2020
Wilko has appointed Karen Mackay as its new CFO, according to Retail Week. Who is Karen Mackay? Source: LinkedIn Karen Mackay's previous position was Group CFO at Optegra Eye Health Care, which she held for five years. Prior to this she held CFO positions in Nelsons and Specsavers. Mackay will replace Alex Russo who is now CFO at fellow variet...
10 July 2020
We look at the two new developments from discounter Aldi, including the upgrades it has made to its customer flow system, and its commitments to British products. 1. Traffic-light system upgrade In May, Aldi launched a new  traffic light system to control customer flow. The traffic lights signal when shoppers can enter the store, based on individual store customer limits. As the doors on...
09 July 2020
Major UK-based variety retailer Poundland has revealed new insight into recent trading in just published annual accounts. Revenues returning to pre-lockdown levels Though classed as an essential retailer during the lockdown, Poundland closed 85% of its stores where customer reduced customer traffic made them unprofitable in the short term. As stores have reopened progressively, revenue has ...