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....5%, respectively. Barclaycard said its polling of consumers showed a higher proportion - 41% - were confident in the UK economy in March but that the prospect of higher prices later in the year would prompt a third to shop more at discount stores this year. ... [Read full article on Guardian ]
Monday 10th of April 2017 11:01:12 PM
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UK retail sales fall again as rising living costs bite image
Source : Guardian [Read Article] Monday 10th of April 2017 11:01:12 PM
....5%, respectively. Barclaycard said its polling of consumers showed a higher proportion - 41% - were confident in the UK economy in March but that the prospect of higher prices later in the year would prompt a third to shop more at discount stores this year. ...
Macy's shares fall 13% on job cuts plan image
Source : BBC [Read Article] Thursday 5th of January 2017 02:29:40 PM
....Meanwhile, other changes and reductions in middle management roles are expected to eliminate another 6,200 jobs. Department stores in the US have been struggling with tough competition from online retailers and discount stores. ...
UK shoppers spend more than ever on contactless cards image
Source : Guardian [Read Article] Thursday 22nd of December 2016 02:45:46 PM
....8% on September, with a record monthly spend of £55bn using plastic, the majority of which was on debit cards. Tami Hargreaves, commercial director of digital consumer payments at Barclaycard, said: “As our data shows, Brits are turning to these payments for all types of purchases, from a supermarket top-up shop to stocking up on everyday essentials in discount stores and pharmacies. ...
Macy's to close 100 department stores image
Source : BBC [Read Article] Thursday 11th of August 2016 01:57:05 PM
....4% in the first three months of the year. As in the UK, department stores in the US have been struggling with tough competition from online retailers and discount stores. ...
Retailers caught selling e-cigarettes to under-18s image
Source : BBC [Read Article] Monday 8th of August 2016 11:16:08 PM
....Most of the illegal sales (68%) were made at markets and car boot sales. High levels of sales were also found at "other" premises, which included independent pharmacies, specialist e-cigarette shops and discount stores. ...
Poundland agrees to £597m takeover from Steinhoff image
Source : BBC [Read Article] Wednesday 13th of July 2016 06:21:23 AM
....Steinhoff also failed in an attempt to buy French electronic goods retailer Darty which lost out to French retail chain Fnac. Analysts said the outlook for Poundland and other discount stores in the UK looked bright given that the vote to leave the EU is expected to dent economic growth. ...
Philip Green: is it the end of the road for the retail king? | Observer profile image
.... His father, a small businessman, died when he was 12, and Green started working with his entrepreneurial mother, Alma, who owned a portfolio of garages and car showrooms. He acquired his cockney swagger while serving an apprenticeship in the rag trade, importing jeans from the far east and opening a designer discount store in London. ...
Brush up on the price of paint if you plan to have a DIY Easter image
Source : Guardian [Read Article] Saturday 19th of March 2016 07:00:03 AM
....Crown matt emulsion colours are £10 in B&Q but as much as £16-£17 in Wilkinson and Homebase. But discount store B&M and Wilko were cheapest for the paintbrush we put on test – a Harris three-inch – and a third cheaper than Amazon, and less than half the price of Tesco. ...
easyFood! EasyJet founder launches MEGA discount foodstore selling EVERYTHING for 25p  image
.... easyFoodstore is the latest venture by EasyJet found Sir Stelios Haji-Ioannou, who hopes the brand will cut into the rising popularity of discount shopping. After the end of this month, the price promotion will finish, but prices are still expected to be below that of discount stores Aldi and Lidl. ...
Cheers! Aldi launches online shopping to offer discount booze image
Source : Daily Express [Read Article] Tuesday 19th of January 2016 02:14:00 PM
. The discount store is currently only selling wines by the case online, but the move paves the way for Aldi to offer cut price groceries at just the click of a button. ...
Walmart to shutter 269 stores, with most located in the US image
Source : Guardian [Read Article] Friday 15th of January 2016 05:44:38 PM
....Walmart has warned that its earnings for the fiscal year starting next month will be down as much as 12% as it invests further in online operations and pours money into improving customers’ experience. Also covered in the closures are 23 Neighborhood Markets, 12 supercenters, seven stores in Puerto Rico, six discount stores and four Sam’s Clubs. ...
Asda feels pressure and fuels price war image
Source : BBC [Read Article] Sunday 10th of January 2016 11:07:40 AM
....Asda, which is owned by US chain Walmart, does not release its figures until February. However, Asda appears to have been suffering more than its rivals, with analysts viewing it as the most vulnerable of the big four to discount stores Aldi and Lidl. ...
How Britons splashed their cash in 2015 image
Source : Telegraph [Read Article] Monday 21st of December 2015 07:00:13 PM
.... . Meanwhile, spending at discount stores grew by 12pc compared with a year ago, as volumes rose by 18pc. ...
High street stores cut prices to compete for Christmas customers image
Source : Guardian [Read Article] Wednesday 16th of December 2015 07:04:35 PM
....On Kingston’s main shopping streets and in the Bentall centre, shoppers are choosing carefully where they buy. One of the busiest stores is the discount store Card Factory, which has shoppers lining the aisles to buy rolls of wrapping paper at three for £1 and traditional Christmas cards. ...
The Apprentice's Scott Saunders: Why I told Lord Sugar 'I quit' image
Source : Telegraph [Read Article] Wednesday 2nd of December 2015 09:44:23 PM
. I think the seed had been planted in the Manchester discount store task in week seven. ...
70pc of shoppers turn to Aldi and Lidl for Christmas groceries image
Source : Telegraph [Read Article] Tuesday 1st of December 2015 10:15:43 PM
.... . “Beyond saving money, shoppers also cite the quality of products, the new products available and the opportunity to buy items unavailable anywhere else, as reasons for shopping in discount stores”, said Joanne Denney-Finch, chief executive of IGD. ...
Britons get taste for Aldi and Lidl which now take 10p of every £1 spent on groceries image
. The stunning breakthrough means the two discount stores have doubled their share of the market to 10 per cent in just three years by expanding aggressively and attracting new, often middle class, customers. ...
Aldi and Lidl plot to open five times as many new stores as Big Four image
Source : Telegraph [Read Article] Saturday 14th of November 2015 07:30:29 PM
.... "Only five years ago these figures would have been dominated by the Big Four but Aldi and Lidl are now the major players in the construction of new food retail space. Of course, the likes of Tesco and Sainsbury’s still hold the greater market share, but their position of power continues to be challenged by the expansion plans of the discount stores. ...
Aldi and Lidl named world's top brands for shopping experience  image
Source : Telegraph [Read Article] Monday 9th of November 2015 12:25:31 PM
.... Aldi has topped a number of brand surveys in recent years. Earlier this year, its brand value surpassed that of Tesco for the first time, reflecting consumers’ growing preference for smaller, discount stores, according to WPP and Millward Brown's annual BrandZ report. ...
Nectar revenues rise despite supermarket price war image
Source : Telegraph [Read Article] Sunday 18th of October 2015 07:01:19 AM
.... . Sainsbury’s posted a £500m fall in sales last year as it came under pressure from rivals’ price cuts and the discount stores Aldi and Lidl. ...
​Wal​mart blames wage rise for profits warning and 2015 sales downgrade image
Source : Guardian [Read Article] Wednesday 14th of October 2015 04:12:43 PM
....The company also authorized a $20bn share buyback program for the next two years. Walmart’s disappointing news took its toll on other retailers, with shares in Target and discount stores Dollar General Corp and Dollar Tree all declining. ...
Briquettes are the hot new thing for your wood-burning stove, so cut out the logs image
.... It also offers an excellent pick and mix service. If you want to try without making a big order, the discount store chain Home Bargains sells Verdo briquettes for £2. ...
More UK shoppers come to value the discounters image
Source : Guardian [Read Article] Monday 28th of September 2015 06:00:02 AM
.... But it seems that this is only human nature, at least according to consumer psychologist Dr Dimitri Tsivrikos. “Consumers spend more at the discount stores as they heavily engage in impulsive buying since they feel that they can not resist a bargain,” he says. ...
UK shoppers flock to Poundworld image
Source : Daily Express [Read Article] Tuesday 15th of September 2015 12:01:00 AM
....” The group trades from nearly 300 stores through Poundworld and the multiprice brand Bargain Buys, serving over two million customers every week. Consumers forced to tighten their belts during the credit crunch have continued to be drawn to discount stores. ...
Makeover for cosmetic company Rainbow as fake tan spreads image
Source : Telegraph [Read Article] Saturday 12th of September 2015 02:00:00 PM
.... . The company, which was started by husband and wife John and Heather Sharman in 1990, sells products from the likes of Beyoncé, Olay and Dolce & Gabbana at competitive prices to high street and discount stores such as Superdrug and Home Bargains. ...
Lidl to revamp image with London stores image
Source : BBC [Read Article] Thursday 10th of September 2015 06:52:17 PM
....But Mr Gray added: "They are not there yet. Lidl is still a discount store, with a limited range, and shelf-ready packaging. ...
Tesco lines up buyer for South Korean business image
Source : Telegraph [Read Article] Wednesday 2nd of September 2015 07:16:32 AM
.... If Seoul-based MBK secures a takeover of Homeplus, it will be South Korea’s biggest ever private equity deal and the largest deal in Asia this year. The deal will also make MBK the owner of 900 shops in South Korea, making it the second largest discount store chain after E-Mart. ...
Discounters set for 15 per cent slice image
Source : Daily Express [Read Article] Sunday 30th of August 2015 08:57:00 AM
. Traditionally, discount stores have not had more than 10 per cent of the grocery market in the UK. ...
Oxfam looks to discounting as high street shops struggle with competition image
....Related: The hidden trade in our second-hand clothes given to charity. Oxfam hopes its discount stores will help it sell more clothes directly through its shops rather than exporting them abroad, as prices in global textile recycling markets have fallen dramatically. ...
Wembley Park: from derelict building site to shiny start-up hub image
Source : Telegraph [Read Article] Monday 3rd of August 2015 01:05:05 PM
.... Building a neighbourhood is a step-by-step process. To create footfall that wasn’t related to events, the developer built the discount shopping centre, the London Designer Outlet (LDO), which is currently running at 94pc capacity and boasts high street stalwarts like M&S and The Gap – as well as fashion chain H&M’s only discount store in the UK. ...
Greece news: How the Greek debt crisis has affected the price of your Sunday lunch image
.... The ECB’s bond buying program has flooded the eurozone with cash, contributing further. Supermarkets are also battling discount stores such as Aldi and Lidl for customers and slashing prices on produce such as lamb as a result. ...
The unstoppable rise of the discounters image
Source : BBC [Read Article] Wednesday 17th of June 2015 11:00:23 PM
.... . In fact, last year discount stores grew twice as fast as the big four supermarkets with each chain opening an average of 33 shops compared to the 16 opened by each of the bigger players. ...
Pub trips, film tickets and the Apple Watch boost consumer spending in May image
....9pc in May, the category’s slowest growth since June 2013. Department stores racked up growth of 3pc compared to an 11pc jump in spending at discount stores. ...
Asian markets hit by global woes image
Source : BBC [Read Article] Tuesday 9th of June 2015 01:48:34 AM
....6%. South Korean shares ended flat after data showed that annual sales at its department and discount stores both rose in May for the first time in three months. ...
Morrisons cuts prices on 200 everyday items image
Source : Independent [Read Article] Monday 8th of June 2015 10:45:41 AM
.... . Morrisons is the UK’s fourth biggest supermarket, but like rivals Tesco, Asda and Sainsbury’s, it has suffered falling revenues as shoppers turn to discount stores like Aldi and Lidl. ...
What next for Mike Ashley and Sports Direct? image
Source : Telegraph [Read Article] Saturday 6th of June 2015 04:00:46 PM
.... Last week, there were two other surprises for Ashley watchers. Sports Direct hired a new finance director, albeit an “acting” one, and it emerged the company had opened a new non-sporting discount store called MegaValue. ...
Christo Wiese: South Africa’s modest fashion billionaire comes to Britain image
....It is a bold plan in a tough market, going up against rivals such as Primark, Matalan and the supermarket fashion labels, and Wiese has hired former Asda boss Andy Bond – who previously ran the grocer’s George clothing label – to mastermind the plan. The idea is to cash in on the booming demand for discount stores and provide a fashion shop for those who are regular customers at chains such Wilko, Poundland, Aldi and Iceland. ...
Poundstretcher: Christo Wiese’s cut-price British adventure image
Source : Guardian [Read Article] Saturday 6th of June 2015 03:00:10 PM
. Christo Wiese has made a splash with his buyout of New Look, but the South African retail tycoon has tried to muscle in on the UK’s high streets before – with Poundstretcher discount stores – and failed. ...
Pets at Home profits soar as vet services and grooming demand rise image
Source : Guardian [Read Article] Thursday 4th of June 2015 09:10:26 AM
....”. Greg Bromley, of the retail consultancy Conlumino, warned that Pets at Home faced growing competitive threats from discount stores, including Poundstretcher and B&M, which were expanding their pet ranges. ...
Aldi's brand is now worth more than Tesco's  image
Source : Telegraph [Read Article] Wednesday 27th of May 2015 11:09:49 AM
....4m, from $14. 8m last year, reflecting consumers’ growing preference for smaller, discount stores, according to the annual BrandZ ranking from WPP and Millward Brown. ...
Poundworld sold to US firm for £150m image
Source : BBC [Read Article] Friday 15th of May 2015 10:45:32 AM
....James Hughes, an analyst with eToro, said. "For a long time we've had the supermarkets all competing in a price war, trying to gain market share from each other - we've got no-one really looking at these real discount stores. ...
Source : BBC [Read Article] Wednesday 1st of April 2015 11:00:08 PM
.... Morrisons launched its own loyalty card scheme in October last year. Even the discount stores need data, although they buy it in from consumer research companies, rather than harvest their own from loyalty cards. ...
Dragons' Den reject has last laugh, making millions selling cut-price food image
Source : Telegraph [Read Article] Wednesday 4th of March 2015 11:00:47 AM
.... . Bargains have become big business in the UK, with around half of people now shopping in discount stores. ...
Chinese markets ignore inflation data image
Source : BBC [Read Article] Tuesday 10th of February 2015 01:19:22 AM
....South Korean shares ended down after data showed that department store sales in January fell nearly 10% from a year ago, which is the most in a decade and worst on record. Sales at the country's top discount stores fell by 20. ...
Waitrose to create 2,000 jobs at new and existing shops image
Source : BBC [Read Article] Tuesday 27th of January 2015 12:37:38 PM
....In contrast, rivals including Tesco and Sainsbury's are shelving expansion plans or even closing stores. The UK's biggest food retailers are facing increased competition from discount stores such as Lidl and Aldi. ...
Target: 17,600 jobs at risk as retailer leaves Canada   image
Source : BBC [Read Article] Thursday 15th of January 2015 03:28:43 PM
. The US discount store Target is to shut all of its 133 stores in Canada two years after launching there. ...
Sainsbury's to cut 500 back office jobs in cost-cutting drive image
Source : Telegraph [Read Article] Tuesday 13th of January 2015 03:03:38 PM
.... However, this was eclipsed by a fall in total spending at all of the four biggest supermarkets in the 12 weeks to January 4. German discount stores Aldi and Lidl brought in sales over the festive quarter that were 22. ...
Sainsbury's to cut 500 support jobs in cost cut push image
Source : BBC [Read Article] Tuesday 13th of January 2015 01:33:16 PM
....". Britain's biggest supermarkets are trying to claw back custom from discount stores such as Lidl and Aldi and are cutting costs to reduce prices. ...
Three ways your Tesco supermarket is going to change image
Source : Telegraph [Read Article] Friday 9th of January 2015 05:01:34 PM
.... Tesco has cut the price on 380 branded products - Telegraph . The price drops are a concerted effort by the supermarket to close the gap between itself and discount stores such as Aldi and Lidl. ...
Hurrah! Tesco and Amazon are finally getting a taste of failure image
Source : Independent [Read Article] Thursday 8th of January 2015 07:14:13 PM
.... . The supermarket gloom, all of which suggests that people are preferring to do their monthly shop at discount stores, and topping up by shopping little and often in the local market, is being held up by personal anecdote. ...
Britain really is a nation of shopkeepers: running a shop named as dream career image
.... Shopping in Liverpool, 1900 . Once packed with thriving independent shops, Britain’s high streets are now dominated by betting chains, charity shops and discount stores. ...
Japan's Nikkei hits seven-year high image
Source : BBC [Read Article] Tuesday 11th of November 2014 02:26:09 AM
....1m share buy-back plan. Korean investors shrugged off news that the country's top department and discount store sales both fell for a second straight month in October compared with a year ago. ...
Is this the best job in the world? Bright Bricks builds giant Netto dog from Lego image
. Sainsbury's opens the first of its Netto-branded discount stores on Thursday, so bosses needed something from Netto's home country of Denmark to promote the event. ...
Why it's never too early for Christmas ads image
Source : Telegraph [Read Article] Friday 24th of October 2014 04:00:41 AM
.... . The US-based discount store KMart faced criticism last year when it aired its first Christmas ad in early September, before some children had returned to school after the summer. ...
Supermarket trick: 'I save £1,000 a year - and don't even buy basic'  image
Source : Telegraph [Read Article] Thursday 23rd of October 2014 07:00:14 AM
.... . Because the discount stores don’t offer such big ranges, Mr Gray says people tend to top up at smaller, local supermarkets for branded items. ...
£100 became £603 in three years: Britain's best share schemes image
Source : Telegraph [Read Article] Sunday 12th of October 2014 08:36:20 AM
.... Tens of thousands of workers at Morrisons and Sainsbury’s are also in a similar boat. Like Tesco, these supermarkets’ share prices have been badly hit by their customers defecting to discount stores Aldi and Lidl to save money on their food bills. ...
Building societies and pawnbrokers disappearing from high street image
Source : Telegraph [Read Article] Thursday 9th of October 2014 05:00:52 AM
. Building societies, pawnbrokers and men's clothing shops are disappearing from Britain's high streets and being replaced by discount stores, bookmakers and coffee shops, according to new research. ...
MORNING MEETING: Our high streets can be saved with a lot of effort  image
Source : Daily Express [Read Article] Thursday 9th of October 2014 12:00:00 AM
....The main finding is that the nation’s high streets are evolving in response to changes in technology and consumer trends. Video libraries have gone the way of Betamax tapes and have been erased from our shopping routine but in their place are the discount stores selling stuff for £1 or 99p that shoppers cannot get enough of. ...
Brutal competition batters supermarkets the world over image
Source : Guardian [Read Article] Saturday 4th of October 2014 11:04:12 PM
.... But dependence on the big stores is not on the same scale as in the UK; most Italians have an attachment to local food shops. But habits were changing, and the growth of supermarkets and discount stores "has made those shops' lives tough", said Francesco Daveri, an economist at the University of Parma. ...
Sainsburys cuts sales forecast and reviews dividend image
Source : Guardian [Read Article] Wednesday 1st of October 2014 07:15:36 AM
.... “Should Sainsbury’s be comparing itself with the two weakest performers in the market?” he asked. Morrisons has been forced to accept a 50% cut in its profits in order to slash prices on more than 1,200 items after it began losing sales to discount stores. ...
Tesco fast-tracks new finance chief Alan Stewart image
Source : BBC [Read Article] Tuesday 23rd of September 2014 06:42:29 AM
...."Similarly, Lidl has increased sales by 17. 7%, showing that shoppers still have a strong appetite for the discount stores," he said. ...
Food producers become collateral damage in supermarket price wars image
Source : Telegraph [Read Article] Friday 12th of September 2014 11:01:31 PM
.... . Today, the success of German discount stores such as Aldi and Lidl means the the traditional 'Big Four' supermarkets are struggling to maintain their market shares. ...
Aldi extending UK HQ for £70m image
Source : Guardian [Read Article] Thursday 11th of September 2014 11:57:28 AM
....7% a year ago, putting it almost in line with the upmarket grocer Waitrose. Sales are rising by around 30% according to data from Kantar Worldpanel, the market analysts, as more than half of Britons now buy at least some goods at a discount store. ...
Morrisons' profits hurt by supermarket price war image
Source : BBC [Read Article] Thursday 11th of September 2014 06:52:08 AM
.... . Morrisons has embarked on a three-year £1bn investment programme to cut prices and plans to open 200 discount stores, following in the footsteps of other leading supermarkets. ...
Dollar General raises bid for rival Family Dollar  image
Source : BBC [Read Article] Tuesday 2nd of September 2014 11:27:20 AM
....Instead, it opted for a lower bid of $8. 5bn from another US discount store, Dollar Tree. ...
A tale of two Brooklyns: there's more to my borough than hipsters and coffee image
....I wish the people writing trend pieces about Brooklyn would ride the B35 bus, which stops under my window on its way from Sunset Park to Brownsville. En route to Brooklyn’s poorest neighborhood, you can catch a glimpse of discount stores and check-cashing places, because banks don’t really want customers like the people who live there. ...
'No one should die penniless and alone': the victims of Britain's harsh welfare sanctions image
.... When she died three years ago, he began to look for a new job and was put on the government's new Work Programme, designed to help unemployed people find a job. He completed two periods of unpaid work experience, for B&Q and for a discount store. ...

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