Latest discounter news – Page 134
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Poundland sold to new private equity owners
Poundland owner Advent International has sold the discount retailer to fellow private equity group Warburg Pincus for an estimated £200m.
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World News 3/4/10
Lidl and Aldi could be sued for infringing patents, according to a leading licensing company. MPEG LA said several patent holders had registered separate enforcement actions against Aldi Nord, Aldi Süd, Lidl...
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World News 27/3/10
Kellogg's, Sanitarium, Cereal Partners Worldwide, Woolworths, Coles and Aldi are to reduce the sodium content of ready-to-eat breakfast cereals containing more than 400mg per 100g by 15% over the next four years....
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Strathvale beef rolls out into Lidl stores in NI
Lidl has rolled out a new tertiary brand of locally supplied meat across stores in Northern Ireland.
The Strathvale beef range, which is matured for 21 days, includes sirloin, lean round and lean diced steaks, as well as roasting joints,… -
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Editor's Comment: Success of independents and Morrisons has changed Bond's mind on smaller stores
The demise of Thresher and Woolies was no surprise. Recession hunts out the weak and infirm. But who would have predicted, a year ago, that Aldi a discounter, with a strong price message would go through more bosses than Portsmouth FC?
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Poundland becomes Euroland in Northern Ireland currency move
Poundland stores in Northern Ireland are to accept euros as the single-price retailer bids to cash in on the flow of shoppers north from the Republic of Ireland.
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Netto shifts strategy to focus on clearance
Netto is planning to introduce more clearance lines to its stores in a move that will shift its offer closer to that of variety discount retailers B&M Bargains and Home Bargains than its traditional rivals Aldi and Lidl.
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World News 23/1/10
Lidl has opened a new 20m (£17.4m) distribution centre on Tenerife that will supply 12 new stores in the Canary Islands. The retailer will open the first stores in February. Six will be on Tenerife, four on Gran Canaria, one on...
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Errington takes over as MD of Cooltrader
Andrew Errington has been promoted to the role of MD at Cooltrader, the discount chain founded by Iceland CEO Malcolm Walker.Errington has been trading director since the company was formed eight years ago. His promotion is part of a...
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Aim targeting more Iceland sites in Dublin
Independent cash & carry Aim has opened a second Iceland franchise store in the Republic of Ireland.Aim opened its first store in Ballyfermot, Dublin, in January and has now added a second in the Finglas area of the city.
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Mister Frozen
With his Iceland business on a roll and a host of new opportunities on the horizon, Malcolm Walker is proving one cool trade. Peter Cripps meets him
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Barnes could share Aldi reins with CEO ‘partner’
Matthew Barnes will take control of Aldi UK and Ireland in March next year, but he may have to share the job with a partner, according to sources in the industry.
With the shockwaves still being felt from the exit of Armin Burger last… -
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Don Pumsey on why Aldi's Burgered off
Talk about fast food! Armin Burger has to be the quickest takeaway in Aldi's increasingly revolting history, unexpectedly following Paul Foley into a fully merited obscurity. Still, you'd have thought a man with such a name would have had a bit...
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Walker rebuffs Brakes’ bid for DBC Foodservice
Brakes has attempted to buy its rival DBC Foodservice but been told the company is not for sale, The Grocer can reveal.Iceland boss Malcolm Walker, one of the main shareholders of DBC, confirmed Brakes had made an approach in the past...
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Brown named chairman of 99p Stores
The former managing director of high street retailer Wilkinson, Gordon Brown, has been appointed chairman of 99p Stores.
Brown said he was planning to take 99p Stores to the “next level” and ensure its continued growth.
“More… -
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Aldi names Aussie-based Barnes as new UK MD
Aldi has named Matthew Barnes – the head of buying at its Australian business – as its new UK managing director.
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Deloitte under scrutiny over sale of Bakkavor stake
Deloitte, the accountancy firm, has come under scrutiny in Iceland over its advisory role in the sale of a major stake in Bakkavor, one of the UK's biggest supermarket suppliers, the Daily Telegraph reports.
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Aldi’s sales confirm ‘end of age of rapid discounter growth’
Aldi has experienced phenomenal growth in the recession, but exclusive Nielsen figures reveal its growth has slowed to as little as 3.3%.Year-on-year the numbers still look good with sales growing at 35% in the 12 months to 5 September....
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Fifty bagged sweets join Poundland mix
Poundland has launched a new range of own-label bagged confectionery under the brand Sweet Heaven!The 50-line range which includes dolly mixture, marshmallows and mint humbugs has already been trialled in selected stores and is...