The UK arm of German discount retailer Aldi has announced record Christmas sales, with revenues rising 3% year on year to £1.65 billion during the four weeks to 24 December.
All posts tagged in discount retailers
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B&M European Value Retail has issued a profit warning as its new chief executive Tjeerd Jegen pledges “decisive actions” to restore the former discount powerhouse to consistent growth. Shares tumbled
Poundland, the discount retailer known for its ultra-low prices, is on the brink of being sold for the symbolic price of £1. Gordon Brothers, a US-based turnaround investor, has emerged
Britain’s discount retail sector faces mounting challenges as the cost-of-living crisis shows signs of easing, marking a significant shift in consumer behaviour that has rattled major players in the market.
