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

Discounter Penny Planning To Expand Store Portfolio In Romania

Discounter Penny has received a capital injection of around €160 million from its parent company, Germany's REWE Group to accelerate development in Ro...

Asda Retail Boss Towle Leaves After Less Than Ten Months

British supermarket group Asda has announced that retail director Ken Towle is leaving the business less than ten months after starting the job.

Aldi UK To Recruit 6,000 After Strong Christmas Trading

The British arm of discounter Aldi said that it is planning to hire more than 6,000 workers, continuing its expansion plans after a robust performance over...

Question Mark Over Future Of Discounter Mere In Bosnia-Herzegovina

Russian discounter Mere has closed its first store in Bosnia and Herzegovina, less than one year since it commenced operations in the Balkan country.

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...