Tag: Discount Stores

Poundland plans expansion as Sales Surge

Posted on 27 November, 2014 by Kirsten Kennedy under Business News

With Christmas fast approaching retailers are gearing up for their busiest time of the year, with many hoping that the festive season will allow them to put behind the woes of a particularly poor first half. However, at discount chain Poundland it is truly... Read More

New Store openings deliver ‘Healthy Earnings Growth’ for B&M Bargains

Businessman pointing to growth in a line graph showing business success
Posted on 20 November, 2014 by Kirsten Kennedy under Business News

Consumers continue to prioritise cost when shopping, meaning discount brands are now performing extremely strongly in the UK. This has particularly benefited Liverpool based discount chain B&M Bargains, which has just revealed an extremely strong first... Read More

Waitrose Boss claims Supermarket Estates are “20 Years out of Date”

Image of young couple with cart in supermarket
Posted on 24 October, 2014 by Kirsten Kennedy under Business News

With the majority of retail reports in the past year showing the Big Four supermarkets losing further ground to discounters some have begun to question the future of the big box format. Supermarkets have responded to this with high-profile marketing... Read More

Aldi joins Supermarket Price War amid Expansion Plans

Posted on 29 September, 2014 by Kirsten Kennedy under Business News

The supermarket price war has been underway for some time as the Big Four attempt to protect their share of the market. However, in an interesting turn of events, it seems that the discounters are now stepping up the challenge with Aldi revealing it will... Read More

High Street discounter enlists Property Firms to manage Expansion

Portrait of a young woman carrying basket while shopping in the supermarket
Posted on 17 September, 2014 by Cliff Goodwin under Business News

Just weeks after opening of its 250th premises 99p Stores — the penny-cheaper rival to Poundland — has now set its sights on expanding its presence in the Midlands and the north of England. Launched in 2001 from a single store in London’s... Read More

Lidl’s ambitious Expansion Plans put Further Pressure on Big Four

Posted on 16 September, 2014 by Kirsten Kennedy under Business News

The Big Four supermarkets are facing increasing levels of competition, with brands from both the top and bottom end of the price range in the grocery market putting an extreme amount of pressure on the “squeezed middle”. And, it seems that this trend is... Read More

Tesco Market Share continues to Drop

Posted on 28 August, 2014 by Kirsten Kennedy under Business News

As the supermarket price war continues to rage on, the Big Four are increasingly finding discounters eating into their market share. Tesco suffered a further loss in the 12 weeks to the 17th of August, with the data from Kantar Worldpanel showing a further... Read More

Waitrose delivers Profit Warning as Discounters steal Further Market Share

Posted on 5 August, 2014 by Kirsten Kennedy under Business News

Although the big four supermarkets have struggled in the face of competition from discounters such as Aldi and Lidl, high end retailers such as Waitrose have been relatively untouched by the phenomenon due to an extremely loyal customer base. However, it... Read More

Lidl targets Londoners with Premium Wine Range

Posted on 17 July, 2014 by Kirsten Kennedy under Business News

With the rise of the discounters still firmly a factor within the retail industry, supermarket chains such as Tesco, Sainsbury’s and Asda are facing increasing pressure to compete on price. However, this battle may become slightly more difficult in the near... Read More

Poundland Sets Sights on 1,000 Shops as Sales approach £1 Billion Mark

Posted on 3 July, 2014 by Kirsten Kennedy under Business News

Amid the changing consumer habits in the UK at present, discount stores are expanding at a previously unknown rate as households attempt to cut down on spending and stick to a weekly budget. This has played a huge part in Poundland’s hugely successful year,... Read More