All Discounters articles – Page 7
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Comment & Opinion
Poundland’s theft clampdown was hinted at in its results. What else is on the way?
Along with need to tackle crime and stem shrinkage, Poundland’s annual results pointed to fundamental changes in the discounter’s strategy
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News
Lidl launches consultation with 300 workers over proposed closure of Enfield warehouse
The 300 workers were informed yesterday and told redeployment opportunities would be explored ahead of the site’s proposed closure at the end of September this year
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News
Aldi buying MD Julie Ashfield promoted to chief commercial officer in board structure shake-up
The shake-up also includes the creation of two chief operating officer roles, who along with Ashfield will report to Aldi UK CEO Giles Hurley
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News
Poundstretcher sinks to loss before acquisition but now ‘well positioned’ for growth
The retailer made pre-tax loss of £9.8m in the year to 31 March 2024, slipping from a £5m profit the year before
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News
Discount Dragon doubles revenue despite straining warehouse capacity
Discount Dragon also delivered a modest adjusted EBITDA profit for the first time in the month of October 2024
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News
Poundland making ‘biggest-ever investment’ in tackling retail crime
The clampdown includes equipping stores with new technology and giving security teams the backing to detain suspects
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News
City snapshot: EG Group set for $13bn New York IPO
Forecourt operator EG Group is readying a $13bn stock market flotation in the US for later this year. Plus, trading updates from Huddled and Eagle Eye
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News
Lidl becomes first major retailer to adopt Vegetarian Society’s ‘Plant Based’ accreditation standard
The Vegetarian Society’s Plant Based trademark has been added to Lidl’s Vemondo Plant range, which it launched in October, tripling its plant-based offering in the process
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News
Lidl gives loyalty scheme members chance to win £10 discount with every shop
Until January 15, the discounter is promising one in 10 shoppers using the Lidl Plus app will be rewarded with a £10 coupon to claim off their next shop
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News
B&M shares tumble after profit guidance cut
B&M’s trading over the Christmas period was weaker than expected
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News
City snapshot: Tesco and M&S celebrate a record Christmas as shoppers splash out
Tesco and Marks & Spencer have revealed strong Christmas numbers this morning as consumers splashed out on premium ranges for the big day. Plus, Christmas trading updates from Hilton Food Group, B&M Bargains and Greggs, with the latest shop price inflation data from the BRC and NielsenIQ
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News
Home Bargains’ turnover and profits soar as store estate grows
The retailer opened 31 new stores in 2024 and is set to launch a ‘highy automated’ new one million sq ft distribution centre in spring
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News
Poundland appoints CJ Antal-Smith as commercial director
Antal-Smith replaces Tim Bettley, who has moved on from the business after six years
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Comment & Opinion
Is Aldi’s ‘record-breaking’ Christmas really that impressive?
Despite the headlines, this year’s was Aldi’s slowest Christmas growth since 2021, when the numbers were skewed by unusually high grocery spend during lockdown
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News
Poundland hikes number of products at £1 or less from 1,500 to 2,400
It means nearly half of the total core range of 5,000 products is now £1 or less
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News
Aldi posts record Christmas sales of £1.6bn
It capped another ‘astonishing’ year, in which Aldi overtook Asda to become the country’s second-largest supermarket by shopper numbers, the discounter said
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News
Aldi donates 100 fridges to help charities and food banks
The discounter said it had repurposed fridges from its stores to give extra storage for organisations supporting those in need this winter
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Comment & Opinion
Is Asda firing blanks in its latest price war campaign?
Asda has come out all guns blazing in a new supermarket price war to mark the start of 2025. But does it have the ammunition needed, or is it firing blanks?
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News
Lidl’s Christmas sales top £1bn for the first time after ‘record’ December
Lidl is the first UK supermarket to reveal its 2024 Christmas results
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Range Preview
Vegan liquid egg and Frickles: Aldi Plant Menu for Veganuary 2025
Aldi is ramping up its plant-based offering for Veganuary, unveiling its biggest-ever Plant Menu range launch with over a dozen new options