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European Discounter Pepco To Slow Store Opening Plan

Pepco Group, the European discount retailer that issued two profit warnings last month, will slow down its aggressive store opening programme, it said.

Aldi Nord Board Of Directors Convenes For Inaugural Meeting

As part of the modernisation process of Aldi Nord, its board of directors has convened for its inaugural meeting.

Poundland Owner Pepco Sees Revenue Surge As New Store Openings Exceed Target

Pepco Group has reported a 12.5% jump in its fourth-quarter revenue, to €1.44 billion, on a constant currency basis, as the European discount retailer...

Lidl Seeks To Set Standards For Sustainable Water Management

Lidl has set a series of standards for sustainable water management, saying that by February 2026, 100% of the fruit and vegetables that it sources from fr...

Pepco Group Further Lowers EBITDA Forecast; Key Executive Steps Down

European discount retailer Pepco Group has further downgraded its forecast for 2023, estimating that underlying EBITDA for the period will be about €7...

Aldi’s UK Results Pave The Way For Further Expansion, Notes GlobalData

Positive results from Aldi's UK operations are a sign that the discounter's further expansion is progressing well, GlobalData has said.

Aldi Süd To Switch To Higher Animal Welfare Standards For Fresh Turkey Meat

Aldi Süd plans to convert its fresh turkey meat offering to animal husbandry level three from March 2024.

Aldi To Expand In United States Following Major Acquisition

Aldi has announced it is to acquire the Winn-Dixie and Harveys Supermarket store estates in the United States, adding approximately 400 stores to its portf...