Discounter: latest retail news, analysis and trading updates | ESM Magazine

Penny Italia Targeting 8% Share Of Discount Market By 2025

REWE Group-owned discounter Penny Italia is targeting a 8% share of the Italian discounter market by 2025.

European Discount Chain Action Reports 30% Jump In Sales

Sales at European discount retailer Action jumped by 30% to €8.9 billion last year, buoyed by increasingly price-conscious shoppers grappling with hig...

Aldi Opened More Than 40 Stores In Spain In 2022

German discounter Aldi closed 2022 with 394 stores in Spain and around 440,000 square metres of floor space.

Russia's Magnit To Establish New Discount Chain: Reports

Russian supermarket chain Magnit is planning to create a new discount grocery chain, Russian business newspaper Kommersant has reported, citing two sources...

Netto's Braw Bakir Tells ESM About Denmark's Newest Discounter

Denmark’s Salling Group recently unveiled a new no-frills discount chain, Basalt, which claims to offer prices 15% cheaper than those of regular disc...

Aldi Planning 600 Store Openings In Poland Over Next Five Years

Aldi Nord plans to open as many as 600 stores in Poland over the next five years, according to Wojciech Łubieński, who heads up the discounter's operations...

Discounter B&M Sticks To Outlook, Confident On Christmas

British discount retailer B&M European Value Retail has kept its financial guidance for this year, saying trading has been good in the first six weeks...