Aldi sales boosted by cost-of-living crisis
September 25, 2023 8:52 amAldi has announced that its sales rose by almost £2 billion to a record £15.5 billion in the year to December 2022. The supermarket said rising... View Article
Tag Archive: discount retailers
Latest News: discount retailers
B&M posts increased revenue as profit declines
May 31, 2023 8:03 amB&M has posted a 4.6% uplift in annual revenue to £4.9 billion after focusing on delivering growth through its existing stores. However, adjusted EBITDA fell by... View Article
Motatos to launch in the UK
May 11, 2022 9:38 amSwedish supermarket Motatos will be launching in the UK next month. The chain is known for offering shoppers discounted prices on surplus stock supplied from wholesalers... View Article
QD appoints new finance director
March 8, 2022 7:44 amDiscount retailer QD has appointed Peter Fairley as its new finance director following Graham Moxon’s retirement after 27 years with the business. Fairley has 20 years’... View Article
Poundland acquires Poundshop.com to power national online rollout
March 1, 2022 9:16 amPoundland has acquired online discount retailer Poundshop.com for an undisclosed sum as it looks to power a national roll-out of its own pilot ecommerce operation. The... View Article
B&M posts mixed results in first half
November 11, 2021 8:13 amB&M has reported a 1.2% year-on-year increase in first half group revenue as it announced that it is fully stocked going into the busy festive trading... View Article
Co-op partners with The Original Factory Shop on new concessions
September 6, 2021 10:30 amThe Co-op has announced that up to 30 The Original Factory Shop concessions will open inside its food stores over the next 15 months. The concessions... View Article
Dealz to open new Irish store
January 13, 2021 1:21 pmDiscount retail chain Dealz is to open a new 10,000 square foot store at Carrickmines Park in Dublin this month. The move will create 40 jobs.... View Article
B&M posts strong uplift in sales and profit
November 13, 2020 9:23 amB&M increased its group pre-tax profit by 122.4% to £235.6 million in the first half of its financial year. In the six months to 26 September,... View Article
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