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.... The first shop opened in Kettering, Northamptonshire, in July 2015 and the chain opened its first 50 stores in less than two months. It now has nearly 60 standalone stores and nearly 30 outlets in Poundland as well as six in GHM! outlets, a discount chain also launched by Bond that is now being folded into Poundland. ... [Read full article on Guardian ]
Wednesday 29th of March 2017 05:34:00 PM
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.... Lewis said the retailer was passing less of the financial pain on to its customers than its major competitors were. After two years of falling grocery prices, supermarket chiefs are pushing them up – but some analysts fear this will play into the hands of discount chains Aldi and Lidl, which thrived during the last recession. ... [Read full article on Guardian ]
Wednesday 12th of April 2017 06:26:58 AM
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....“The acquisition is expected to complete in the first half of May 2017 and will provide Sports Direct with a footprint in US bricks-and-mortar retail and a platform from which to grow US online sales,” the company said. The US sporting goods sector is being tested by the expansion of online shopping and discount chains. ... [Read full article on Guardian ]
Friday 21st of April 2017 03:41:12 PM
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Latest Finance News related to Discount Chain

Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....“The acquisition is expected to complete in the first half of May 2017 and will provide Sports Direct with a footprint in US bricks-and-mortar retail and a platform from which to grow US online sales,” the company said. The US sporting goods sector is being tested by the expansion of online shopping and discount chains. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
.... Lewis said the retailer was passing less of the financial pain on to its customers than its major competitors were. After two years of falling grocery prices, supermarket chiefs are pushing them up – but some analysts fear this will play into the hands of discount chains Aldi and Lidl, which thrived during the last recession. ...
Poundland takes on Asda with low-cost clothing range image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:34:00 PM
.... The first shop opened in Kettering, Northamptonshire, in July 2015 and the chain opened its first 50 stores in less than two months. It now has nearly 60 standalone stores and nearly 30 outlets in Poundland as well as six in GHM! outlets, a discount chain also launched by Bond that is now being folded into Poundland. ...
UK Christmas retail: the winners and losers image
Source : Guardian [Read Article] Thursday 12th of January 2017 01:23:56 PM
....However, shares fell because of the retailer’s disappointing international performance. Total UK sales for December at the German discount chain were up 15% on a year earlier, helped by strong demand for festive vegetables, prosecco and premium products such as “specially selected” mince pies. ...
Nearly 700 firms fined total of £1.4m for not paying minimum wage image
Source : Guardian [Read Article] Friday 6th of January 2017 12:29:40 PM
....The penalty is on top of the previously announced £3. 5m in owed wages these 687 employers – which also include a Huddersfield branch of discount chain Poundstretcher and the Dudley division of listed construction group Interserve – have paid in arrears to thousands of staff. ...
Sainsbury's profits fall 10% as first-half sales fall image
Source : BBC [Read Article] Wednesday 9th of November 2016 08:20:08 AM
....Sainsbury's wants to put 250 Argos outlets in supermarkets over the next three years. German discount chains Aldi and Lidl have expanded rapidly in the UK, undercutting Sainsbury's and its rivals, including Tesco, Morrisons and Asda. ...
Price of 20 Unilever products up by average of 5.7% since Brexit vote image
Source : Guardian [Read Article] Monday 7th of November 2016 06:01:37 AM
....The evidence of shop floor price rises for Unilever products comes after it emerged that Birds Eye, the fish finger maker, and Walkers crisps are asking supermarkets for price rises of up to 12% as the fall in the value of the pound has pushed up their costs. The major supermarkets are keen to keep price rises to a minimum as they try to hold off competition from the fast-growing discount chains Aldi and Lidl. ...
Morrisons sales helped by 'biggest ever' Halloween image
Source : BBC [Read Article] Thursday 3rd of November 2016 08:33:37 AM
....2%. The major supermarkets have been competing fiercely on price as they seek to gain market share and fend off the impact of discount chains such as Aldi and Lidl. ...
Tesco sees first market share rise since 2011 image
Source : BBC [Read Article] Tuesday 18th of October 2016 07:00:12 AM
.... . The discount chains Aldi and Lidl also did well, with their sales jumping 11. ...
Sainsbury's sales slip as food prices continue to fall image
Source : BBC [Read Article] Wednesday 28th of September 2016 06:32:27 AM
....Chief executive Mike Coupe said he was confident its strategy would enable it to "outperform our major peers". German discount chains Aldi and Lidl, which have expanded rapidly in the UK, have been undercutting Sainsbury's and its rivals, including Tesco, Morrisons and Asda. ...
Morrisons recovery continues as sales and profits rise image
Source : BBC [Read Article] Thursday 15th of September 2016 07:32:32 AM
...."It is too early to know how the recent referendum result could affect the British economy, but customers tell us their food shopping has not changed," it said. The grocery sector has seen a fierce competition as the big four supermarket chains - Tesco, Sainsbury's, Asda and Morrisons - have tried to fight off the threat posed to them by the rapid growth of discount chains Aldi and Lidl. ...
Lidl UK chief Ronny Gottschlich steps down image
Source : BBC [Read Article] Friday 9th of September 2016 12:29:45 PM
.... . Along with fellow German discount chain Aldi, Lidl has shaken up the UK grocery sector and sparked a bitter supermarket price war by capturing market share from Tesco, Asda, Sainsbury's and Morrisons. ...
Big four supermarkets report a drop in summer sales image
Source : BBC [Read Article] Tuesday 23rd of August 2016 08:23:32 AM
. German discount chains Lidl and Aldi have continued to grab market share from the big four supermarkets, which all reported a drop in sales, according to market data. ...
Wharf fare image
Source : BBC [Read Article] Tuesday 9th of August 2016 11:29:26 PM
....All this is lovely if the shops stay afloat. But Britain's retailers have rarely had to fight so hard for a living, competing with online stores, multiple discount chains and customers who spend more frugally. ...

Living near Waitrose could add £38,666 to your house price, survey says
 image
....The "Waitrose effect" eclipses the benefits of having any other shop as a neighbour, according to Lloyds Bank, after a study found having any supermarket nearby raises house prices by an average £22,000. Even living near discount chains Aldi and Lidl could also help to boost the value of a property, with a rise of £1,333 and £3,926 respectively. ...
Morrisons plans to complain about another Aldi advert image
Source : BBC [Read Article] Wednesday 29th of June 2016 07:08:29 PM
. Supermarket Morrisons is to make a new complaint to the Advertising Standards Authority about discount chain Aldi. ...
Weak pound 'could raise supermarket prices' image
Source : BBC [Read Article] Tuesday 28th of June 2016 11:05:45 AM
....The pound has fallen about 11% against the dollar since the Brexit vote. Tough competition from discount chains has helped to pushed the price of groceries lower over the past two years. ...
Sainsbury’s sales fall 0.8% in three months amid food price deflation image
Source : Guardian [Read Article] Wednesday 8th of June 2016 08:06:19 AM
....”. The supermarket price war in recent years has seen the big four trying to defend their market share against the German discount chains Aldi and Lidl, as well as new competitors such as Amazon, which recently launched a food delivery service in the UK. ...
Former Asda boss backs new Guess How Much! discount store image
Source : Guardian [Read Article] Sunday 5th of June 2016 02:06:05 PM
....”. Despite a slowdown in the pace of growth of discounter grocers Aldi and Lidl and some consolidation among general merchandise chains – with the merger of Poundland and 99p Stores – Bond says the growth of discount chains in the UK has not run its course. ...
Former BHS owner sent abusive message to chief exec after chain collapsed image
.... Duff & Phelps, the administrator, is now looking for buyers for BHS stores, the brand and its international business. Mike Ashley’s Sports Direct and discount chain Primark are among the retailers looking at buying shops. ...
Supermarket giant’s healthy profits: Sainsbury’s set for £700m turnaround image
....”. Despite the relentless march of German discount chains Aldi and Lidl, the continued sales growth seen at upmarket grocer Waitrose, as well as the fight backs being staged by rivals Tesco and WM Morrison, Sainsbury’s has managed to maintain its market share according to data from Kantar Worldpanel. ...
Reiss sold to US private equity firm image
Source : Guardian [Read Article] Wednesday 13th of April 2016 09:14:50 AM
.... Daughter Debra, who worked as a brand director for Reiss in the US, died last year aged 34 after suffering from a long-term illness. Reiss is an upmarket departure for Warburg Pincus, which is best known in the UK for its investment in discount chain Poundland. ...
UK supermarkets urged to stock more British lamb image
Source : Guardian [Read Article] Sunday 20th of March 2016 04:46:43 PM
....A classic roast leg of lamb remains a popular family dish over the Easter holiday. However, despite industry efforts to reduce the amount of chilled and frozen lamb imported from New Zealand, only the German discount chain Aldi will sell entirely British-grown fresh lamb on a significant scale this Easter. ...
Sainsbury's sales return to growth image
Source : BBC [Read Article] Tuesday 15th of March 2016 07:20:21 AM
....4% fall in like-for-like sales over Christmas. Sainsbury's is facing a continued pricing war and challenges from discount chains. ...
Iceland pins hopes on ‘posh’ food to heat up its profits image
Source : Guardian [Read Article] Saturday 12th of March 2016 03:59:21 PM
.... Malcolm Walker is banging high-quality frozen seafood down on the table as if he’s demonstrating some kind of fish-based martial art. But he’s not planning an attack on the Observer – Walker is using the icy seafood as a key weapon in his attempt to fight back against the fast-growing discounters, Aldi and Lidl, which are putting his home-grown discount chain under pressure. ...
Sainsbury's given 18 March deadline for new Home Retail bid image
Source : Guardian [Read Article] Monday 22nd of February 2016 05:48:48 PM
....The supermarket is under pressure from shareholders not to overpay for Argos, as some are sceptical about taking on a business that has struggled to increase sales and profits in recent years. It has a strong rival in Steinhoff, which owns furniture retailers Bensons for Beds and Harveys in the UK, plus Conforama in France as well as discount chains in Africa and Australasia. ...
Home Retail Group shares soar as Steinhoff beats Sainsbury's offer image
Source : Guardian [Read Article] Sunday 21st of February 2016 06:19:42 PM
....3bn cash and shares offer – which some analysts expect – or walk away. But the aggressive South African company is a serious rival for HRG because it already owns Bensons for Beds and Harveys in the UK plus Conforama in France as well as discount chains in Africa and Australasia. ...
99p Stores deal earns family less than hoped as losses hit £11m  image
Source : Telegraph [Read Article] Sunday 14th of February 2016 08:32:26 PM
. Thefamily founders of discount chain 99p Stores will make less money than was expected from last year’s £55m takeover by Poundland after losses swelled to £11m in the last year of the retailer’s independence. ...
Tesco faces legal action over land use restrictions image
Source : Telegraph [Read Article] Saturday 13th of February 2016 07:55:05 PM
.... . Last July, High Peak entered into a conditional agreement with discount chain B&M Bargains to build a new shop on the land, provided the covenant was released. ...
Aldi ad campaign labelled 'misleading and disingenuous' image
Source : Guardian [Read Article] Friday 12th of February 2016 06:09:45 PM
....Aldi’s latest promotional campaign has been called misleading and disingenuous after the supermarket claimed that it was more than 30% cheaper than its nearest rivals and launched ads targeting Morrisons. One of the discount chain’s ads compares a basket of six items bought at Morrisons to a basket from Aldi, highlighting that it is 37% cheaper. ...
The ‘buy one, get one free’ offer has had its day. I’m glad | Rebecca Smithers image
....But there does seem to be a subtle shift under way, as permanent low prices are to be the new battleground in the UK’s supermarket wars. Other retailers such as Tesco (reducing prices and promotions even if not opting for a full-blown sweeping aside of bogofs) have also been introducing more transparent pricing, bringing their models into line with those of the German discount chains Aldi and Lidl. ...
Marston's toasts record Christmas sales for fourth year running image
Source : Guardian [Read Article] Tuesday 26th of January 2016 11:23:22 AM
....Supermarkets have toasted soaring sales of sparkling wine, beer and gin at bargain prices, which delivered a better than expected Christmas for grocers, according to analysts at Kantar Worldpanel. German discount chains Aldi and Lidl have won over middle-class shoppers by offering cheap deals on alcohol, including champagne, prompting others to follow suit. ...
Supermarkets raise a toast as cheaper booze helps shift the units image
Source : Guardian [Read Article] Tuesday 19th of January 2016 07:50:06 PM
....“The grocery multiples increasingly look to use beer, wine and spirit promotions as a footfall driver for the ‘big Christmas shop’, while prices continue to come down due to price matching versus Aldi and Lidl,” he said. The German discount chains have won over middle-class shoppers by offering cheap deals on alcohol, including champagne, forcing the others to react with their own price cuts. ...
Retail's 2015 Christmas winners and losers image
Source : BBC [Read Article] Tuesday 12th of January 2016 07:23:14 PM
.... The upbeat results were welcomed in the City and are being seen as part of the turnaround promised by chief executive Dave Lewis, who took over in September 2014. However, the grocer still faces tough competition from discount chains, and it reported a 1. ...
Hedge funds lose millions as Argos owner's shares rise 41% image
Source : Guardian [Read Article] Tuesday 5th of January 2016 06:09:34 PM
....However, their losses were partly offset by a 5% drop in the Sainsbury’s share price. More than 17% of Sainsbury’s shares are out on loan, making it the most shorted FTSE 100 company, as the supermarket chain battles again a price war in the grocery industry and the rise of discount chains Aldi and Lidl. ...
Cookies, brownies and muffins cut our great British bakes image
Source : Guardian [Read Article] Sunday 6th of December 2015 03:00:03 PM
....“It is fair to say that they probably have taken inspiration from one another and they definitely have been influenced by the general baking trend in developing a more appetising sweet offering,” Illig said. The rapid growth of discount chains Aldi and Lidl, for example, has been partly fuelled by installing in-store bakeries. ...
Morrisons falls out of FTSE 100 image
Source : BBC [Read Article] Wednesday 2nd of December 2015 09:23:15 AM
....Morrisons is the fourth-largest supermarket chain, trailing Tesco, Sainsbury's and Asda in annual sales. Its struggles reflect wider problems within the sector, which has seen price wars among the big four supermarket chains following the growth of discount chains such as Aldi and Lidl. ...
Supermarket price war squeezes small supplier profit margins by a third image
Source : Guardian [Read Article] Monday 23rd of November 2015 12:01:20 AM
....”. Britain’s big four supermarkets – Tesco, Asda, Sainsbury’s and Morrisons – have slashed prices on thousands of products in a battle for customers with the discount chains Aldi and Lidl, whose combined market share passed 10% in the latest snapshot of grocery sales. ...
Aldi and Lidl sales continue to climb image
Source : BBC [Read Article] Tuesday 17th of November 2015 09:34:59 AM
....Source: Kantar Worldpanel (12 weeks to 8 November 2015). The discount chains have been gradually eating into the market share of the biggest supermarkets, and have provoked a fierce price battle among the top four chains. ...
Lidl named official supermarket of England, Scotland and Wales football teams image
. German discount chain Lidl has been appointed official supermarket of the England football team. ...
Britons get taste for Aldi and Lidl which now take 10p of every £1 spent on groceries image
....". Previous studies had suggested that many shoppers still do their major weekly shop at one of the big four -Tesco, Sainsbury's, Asda and Morrisons - while using the discount chains for fill-in shopping trips. ...
Poundland to count the pennies in changing fortunes image
Source : Telegraph [Read Article] Saturday 14th of November 2015 05:30:41 PM
. Poundland and B&M Bargains, two of Britain’s largest high street discount chains, are reaping diverging fortunes from the trend for bargain-hunting. ...
Sainsbury's first-half profits fall image
Source : BBC [Read Article] Wednesday 11th of November 2015 08:22:24 AM
.... . The UK's third-biggest grocer is in a continued pricing war, and facing challenges from discount chains. ...
City news: Burberry, Sainsbury’s, Ministry of Defence and Tetley image
Source : Daily Express [Read Article] Saturday 7th of November 2015 10:23:00 PM
.... Under chief executive Mike Coupe, Sainsbury’s has focused on price cuts and abandoned offers in a bid to rebuild margins. Data from market research group Kantar Worldpanel shows the firm is increasing sales despite the fierce competition in the sector among established giants and discount chains Aldi and Lidl. ...
Morrisons reports 2.6% drop in sales image
Source : Guardian [Read Article] Thursday 5th of November 2015 08:56:43 AM
.... Morrisons has to be itself led by customers and in doing that we will become cheaper than we were last year and are this year,” he said. The retailer was closer on price to Asda, generally considered to be the cheapest of the UK’s four biggest supermarkets, than before and was closing in on Aldi, the fast-growing discount chain, Potts said. ...
Sales slide again at Morrisons image
Source : BBC [Read Article] Thursday 5th of November 2015 08:07:53 AM
....Morrisons is the fourth-largest supermarket chain, trailing Tesco, Sainsbury's and Asda in annual sales. Its struggles reflect wider problems within the sector, which has seen price wars among the big four supermarket chains following the growth of discount chains such as Aldi and Lidl. ...
Parents pay millions more than needed for school uniforms, says watchdog image
Source : Guardian [Read Article] Thursday 15th of October 2015 10:27:55 AM
....Other suppliers and retailers who are struggling to sell school uniforms because of exclusive supply arrangements are being urged to complain to the CMA. Supermarkets now engage in an annual supermarket school uniform price war, which was kicked off this year by the German discount chain Aldi, which offered an entire school uniform for just £4. ...
What do the changes to Morrisons Match & More loyalty scheme mean? image
Source : Guardian [Read Article] Friday 9th of October 2015 08:55:07 AM
....The new scheme does appear to be worth less than the old one as you have to spend so much to get a voucher. And shoppers are bound to be disappointed by the move as Morrisons is the only major supermarket to price-compare against the discount chains Aldi and Lidl. ...
Dave Lewis rings up sales in UK at Tesco image
Source : Daily Express [Read Article] Sunday 4th of October 2015 04:56:00 PM
.... . However some analysts believe Tesco may eventually need to raise new funds from investors to repair its finances by selling new shares, if the intense price war between the supermarkets and discount chains Aldi and Lidl continues. ...
Aldi to launch online sales in UK image
Source : BBC [Read Article] Monday 28th of September 2015 07:34:34 AM
....". Aldi and rival discount chain Lidl have been expanding rapidly in the UK in recent years, and Mr Barnes said he was "very confident" there would be an Aldi store in every UK town in the future. ...
Morrisons' CEO David Potts nearly doubles stake in supermarket in show of confidence image
.... . The restructuring is part of a wider turnaround programme at Morrisons to reverse a trend of falling sales and declining profits as the supermarket loses market share to discount chains Aldi and Lidl. ...
Lidl to pay staff an extra £1,200 a year – but the supermarket vows to keep prices low image
....20 an hour from next April, rising to £9 from 2020. Lidl, with fellow discount chain Aldi, is putting pressure on the UK supermarket sector and has sparked a fierce price war among rivals. ...
Morrisons closures and Waitrose decline underline food shopping's revolution image
Source : Guardian [Read Article] Thursday 10th of September 2015 05:07:15 PM
....Morrisons is one of Britain’s big four supermarket chains alongside Tesco, Asda and Sainsbury’s. All are suffering from falling sales as shoppers turn away from supermarkets in favour of buying more of their groceries either from local convenience stores, online or at the discount chains such as Aldi and Lidl. ...
Morrisons is set to announce a 47 per cent drop in profits image
Source : Daily Express [Read Article] Sunday 6th of September 2015 12:15:00 AM
....He joined the firm in March, after his predecessor Dalton Philips was forced out by chairman Andy Higginson due to poor Christmas sales. Profits at Morrisons are under pressure due to the ferocious price war being fought between it and rivals Tesco, Sainsbury’s and Asda and the discount chains Aldi and Lidl. ...
Parents shell out £6,800 in child's first year of secondary school image
Source : Guardian [Read Article] Tuesday 11th of August 2015 10:58:00 AM
....”. The German discount chain Aldi recently fired the first shots in the supermarket school uniform war, offering an entire school uniform for just £4. ...
British farm produce could soon disappear from UK supermarkets if retailers keep driving down prices, says union president image
....”. Following their summit, the UK’s four farming unions called on ministers, major retailers, the discount chains and “key people in the supply chain” to meet with them to discuss how to give farmers “fairer and more transparent contracts”. ...
PZ Cussons profits slide on Nigerian turmoil  image
Source : Telegraph [Read Article] Saturday 18th of July 2015 06:07:25 PM
.... Nigeria's President Goodluck Jonathan (L) presents a gift to president-elect Muhammadu Buhari at the presidential villa in Abuja . Around 50pc of PZ Cusson’s personal care brands, which also include Sanctuary toiletries, are now sold in high street discount chains such as Poundland and B&M. ...
Lidl buys new £10m HQ as it plots major expansion image
Source : Telegraph [Read Article] Wednesday 15th of July 2015 11:12:04 AM
.... . Lidl sales cleared £4bn in its last financial year for the first time and, along with rival Aldi, the discount chain has shaken up the grocery industry in Britain. ...
Aldi leads backing of UK farmer-friendly 'fruit and veg pledge' image
Source : Guardian [Read Article] Tuesday 14th of July 2015 06:30:06 PM
....”. The German-owned discount chain may seem an unlikely champion of British brassicas and beetroot. ...
Retailers expected to raise prices or cut jobs to pay for minimum wage image
....Other options for retailers to offset higher wage costs included reducing staff discounts and making pensions less generous, he said. The big supermarkets’ profits have been hit by tight household budgets and shoppers defecting to discount chains, led by the German grocers Aldi and Lidl. ...
Tesco staff promised turnaround bonus if sales and profits rise image
Source : Guardian [Read Article] Friday 10th of July 2015 06:12:44 PM
....The potential payout in shares that staff would be able to cash in immediately is part of chief executive Dave Lewis’s effort to get Britain’s biggest retailer back on track after a slump in profits and sales as well as an accounting scandal which led to a profits mis-statement of more than £263m. Tesco is attempting to fight back against fast-expanding discount chains Aldi and Lidl at the same time as it deals with a slump in food commodity prices and changing shopper habits, with sales shifting away from large supermarkets and towards the internet and small local shops. ...
Superdrug and Savers owner enjoys surge in profits image
Source : Telegraph [Read Article] Sunday 28th of June 2015 05:33:46 PM
.... . However, it has become increasingly competitive as supermarkets have cut prices and discount chains such a Poundland have poured into the market. ...
Disruptive shares that could make you rich  image
Source : Telegraph [Read Article] Sunday 28th of June 2015 07:00:34 AM
Tesco's sales decline in UK slows image
Source : BBC [Read Article] Friday 26th of June 2015 06:17:59 AM
. Tesco has reported a slower rate of decline in sales at its UK stores as it tries to stem the flow of customers switching to discount chains. ...
The unstoppable rise of the discounters image
Source : BBC [Read Article] Wednesday 17th of June 2015 11:00:23 PM
Aldi wins Which? supermarket of the year image
Source : Guardian [Read Article] Wednesday 17th of June 2015 03:00:02 PM
. The German discount chain Aldi has been named supermarket of the year by consumer group Which? – one of 14 businesses recognised for their high standards in products and customer service. ...
Poundland to hit £1bn sales mark as bargain fever continues  image
Source : Telegraph [Read Article] Saturday 13th of June 2015 02:00:47 PM
Iceland profits fall in 'exceptionally challenging' year for supermarkets image
....Annual profits at Iceland have slumped by a quarter as the frozen food retailer warned of an “exceptionally challenging” year for the supermarket industry. Iceland said sales were hit by a triple whammy of food price deflation, competition from discount chains and changes in shopping habits. ...
Sainsbury's sales fall for sixth consecutive quarter image
Source : Guardian [Read Article] Wednesday 10th of June 2015 07:39:00 AM
....”. Sainsbury’s has pledged to spend £150m on price cuts this year as it fights back against the discount chains, led by Aldi and Lidl. ...
Farmfoods hails 38pc profit boost image
Source : Telegraph [Read Article] Saturday 6th of June 2015 05:00:47 PM
. Frozen food retailer Farmfoods has reported record sales as consumers turn away from traditional supermarkets in favour of discount chains. ...
Supermarket sales to fall for next five years image
Source : Telegraph [Read Article] Thursday 4th of June 2015 04:00:15 AM
. Sales in traditional supermarkets will fall for the next five years as the growing popularity of discount chains and online shopping piles pressure on the “Big Four” grocery chains, according to new industry research. ...
Britain's cheapest supermarket a lottery for shoppers  image
Source : Daily Express [Read Article] Tuesday 2nd of June 2015 05:46:00 PM
....  The grocer favoured by middle-class is as cheap as its rivals for many branded goods such as Ambrosia rice pudding, suggest the findings.  However, discount chains like Aldi and Lidl are not included in the analysis and may be cheaper, though they also could have less availability on many of the branded products. ...
Christo Wiese, the billionaire bargain hunter from Africa, is on the prowl image
.... . The 73-year-old has racked up an array of British investments including Poundstretcher, discount chain What Everyone Wants, under the Brown & Jackson umbrella, and owns a 20pc stake in budget food retailer Iceland. ...
Source : Independent [Read Article] Friday 29th of May 2015 08:53:15 AM
.... The deal has to pass the competition authority’s scrutiny. An attempt last year by Pure Gym to merge with the discount chain Gym Group was abandoned after regulators objected to the deal. ...

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