Latest discounter news – Page 139
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Poundland picks up the pace
Poundland is on course to open 30 new stores this financial year as the value retailer reaps the benefits of the economic downturn. This week Poundland opened new stores in Bangor, north Wales, and Hammersmith, west London. The additions take...
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Credit crunch brings Irish into discounters
Rising prices are forcing consumers in the Irish Republic to dramatically change their shopping habits, according to a survey by the National Consumer Agency. The NCA, a statutory body, found that more than a quarter of those surveyed were...
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Q&A with Paul Reeley Store manager of the week
Who are your biggest competitors? Our main one is Tesco which is currently undergoing an extension. There's also an Aldi in Sudbury but our customers are extremely loyal to the Waitrose brand. Would you like to change anything...
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A store every weekfrom Aldi
Aldi is to spend £1.5bn in the next five years, building a new store a week and recruiting 1,500 staff to cope with its ambitious expansion, MD Paul Foley has told The Grocer. And, in a warning that will send a chill through the big four...
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Frozen fish sales go swimmingly
"A positive way to bring in new consumers" is how judges of The Grocer Gold Awards rated Aldi's own-label frozen fish range, The Fishmonger. Thanks to a combination of health, affordability and convenience, frozen fish is attracting new...
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Aldi adverts boast of it selling cheapest basket
Aldi is taking advantage of the credit crunch to emphasis how cheap it is compared with the big four.The discounter is running national newspaper ads comparing its prices for 22 common products against each of the multiples using the...
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Icelandic gets slot in movies
Carbon-neutral water brand Icelandic Glacial has secured product placement in 10 Hollywood films this year as it sets out to become a top-five player in the UK market.The movies What Happens in Vegas starring Cameron Diaz, Righteous Kill...
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Protests force Lidl to abandon hare sales
Lidl has withdrawn hare meat from sale in the UK following protests from customers and animal campaigners.The German discounter began a trial selling frozen hare meat in its UK stores at the end of last year, but this week said it was...
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Eco-roof debut for Aldi's Ludlow store
Aldi is planning an eco-friendly roof planted with Alpine plants on a new store in Ludlow. Aldi has been looking for a site in the town for 10 years and if planning permission is granted, the store could open by Christmas. Plants...
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look after the pennies...
Faisal Lalani has just received a text: “Galaxy, 250g bars. Price-marked at 99p. Four thousand cases available at 64p per bar (excluding VAT). Full date. We anticipate this stock will go very quickly.” He grins and keys in the response: “Done…. -
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Netto takes on mults with premium range
Netto is launching its first premium own-label range under a new Simply Irresistible brand as part of a strategy to attract more affluent consumers and become a one-stop shop.The move comes two years after rival discounter Aldi launched...
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Tesco, Lidl rapped for advert claims
The Advertising Standards Authority has upheld complaints by Argos and B&Q about claims made for non-food prices in adverts placed by Tesco and Lidl.Argos objected to a national press ad run by Tesco last Easter promoting cut-price...
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Shoppers soften to the hard discounters
When Aldi beat Waitrose to the top prize in a food awards ceremony last year, the room went quiet. "People were gobsmacked," says Tony Baines, Aldi's MD of buying. "The industry sat up and took notice." So they should. While hard...
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What the papers said - 12th January 2008
The Daily Telegraph reported on Tesco's secret conversion of a former warehouse into a mock German discount store. It suggested the retailer was testing ways of competing with stores such as Aldi and Lidl. According to the Daily Mail major...
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Iceland caves into revolt
Frozen foods retailer Iceland has backed down in a fierce row over controversial changes to its trading terms. After a supplier revolt, the chain has agreed to withdraw a demand for a 2.75% settlement discount on invoices. It has...
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Lidl drives fresher feel with 5-a-day
Lidl aims to shed its downmarket image and reposition itself as a purveyor of healthy, fresh food. The German discounter unveiled a 'New Year New You'-themed ad campaign at the start of January. The month-long drive features a new slogan...
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Suppliers call on inquiry to probe Iceland terms change
Iceland faces the scrutiny of the Competition Commission inquiry after disgruntled suppliers reported the retailer for making radical changes to its terms and conditions without negotiation.Last week we revealed Iceland's holding company...
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Iceland's new terms get frosty response
Iceland's decision to extend its payment terms to 90 days and introduce a settlement discount of 2.75% has sparked a revolt among outraged suppliers.The suppliers who spoke to The Grocer have vowed to fight the changes and say suppliers...
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Terms & conditions
Whether suppliers can resist Iceland's demands depends on their relationship with the retailer, according to legal expert Richard Matthews, partner at Eversheds.If there are no written terms and conditions underpinning the trading...