Tag "Sebastian Rennack"
Aldi Nord Expands European Presence Amid Strategic Streamlining Efforts
Aldi Nord’s 2023 Sustainability Report highlights a 5.9% increase in net sales, driven by expansion in key European markets. Despite exiting Denmark, the retailer saw record growth in Poland, Spain,...
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Lidl Campaigns for National Pricing
Lidl Finland promotes nationwide price consistency, criticizing regional price differences among competitors, as earlier in Poland. The discounter highlights its commitment to uniform pricing despite challenges in a concentrated market....
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Lidl combines Lidl Plus rewards with in-store bakeries
Lidl leverages its in-store bakeries to drive engagement with the Lidl Plus rewards program. The ‘Bake-Off-Roulette’ has been implemented across several European markets, and the retailer’s vertical integration into bakery...
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Kaufland Slovakia emphasizes local ranges
Kaufland shows its support for domestic Slovak producers. Industry reports show a general decrease in the share of national products on the shelves of large retail chains. Legislators repeatedly discuss...
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Lidl and Aldi push into city centers
German discounters advance into city centers. Lidl and Aldi launch standard format stores in former department stores. Existing small-area discount pilots abroad so far have not been rolled out at...
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High interest expenses continue to burden Lidl’s profits
Lidl’s international business can slightly increase its profitability in the fiscal year 2023/2024. Skyrocketing interest expenses cancelled out improved gross margin and stable staff costs. Investments in new stores and...
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Penny invests into urban convenience
German discounter Penny is modernizing its store segment of small, urban discount stores. Updating towards a stronger convenience-oriented concept avoids a direct confrontation with channel leaders Lidl and Aldi. The...
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Kaufland strengthens its market position in Germany
Kaufland in Germany extends its lead in the hypermarket channel with the acquisition of five Globus hypermarkets. Despite its leading position in the hypermarket channel, the retailer is under pressure....
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Edeka limits opening times of service counters
German market leader Edeka wants to implement hybrid counters for the fresh departments. The step is motivated by continued labor shortages on the German market. Service counters will stay a...
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Aldi and Schwarz Group raise the bar for sustainable retail operations
German discounters commit to Net Zero by 2050. Aldi Süd and Schwarz Group want to reach carbon neutrality across their entire value chain, including suppliers. The ambitious goal sets a...
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Aldi Suisse cuts back on non-food
Aldi in Switzerland introduces major adaptations to its store layout. The discounter reduces the floor area of non-food promotions due to falling demand. In return, Aldi allocates more space for...
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Lidl makes non-food a priority
Lidl is strengthening its non-food supply chain. The discounter’s Tailwind Shipping line is launching its ninth ship in two years. Following the successful launch of the Parkside DIY brand, Lidl...
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Picnic targets break-even point
Dutch online delivery service Picnic is moving closer to profitability. The retailer is already writing black figures in its home market. Robotization of its warehouses is one reason for the...
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Aldi UK invests record-sum in store expansion
Aldi in the UK announces a record £800 million (€ 928 million) investment in its store network. Last year, Aldi’s net sales grew by a historically high 16%, more than...
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Lidl exports pork ‘Made in Germany’
Lidl introduces its German local origin label for pork as an in-out promotion in its Lithuanian subsidiary. For fresh meat products, the discounter in its international markets has so far...
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Lidl Sverige sells fruit and vegetables grown to classical music
Lidl aims to gain the favor of Swedish consumers through an unusual cooperation with the Royal Stockholm Philharmonic Orchestra. In the next two months the discounter will sell produce grown...
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Lidl shows resilience against Biedronka and Dino
Lidl has taken the lead in revenue growth on same sales areas among Polish top grocers. For the first time the German discounter’s like-for-like figures exceed those of grocery market...
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Aldi and Edeka fight for the crown of largest organic grocer
German grocers expand their organic ranges. Discounters and supermarkets alike step up their cooperation with associations for organic farming. Segment leader Alnatura’s introduction of an organic price-entry private label fuels...
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German discounters boost animal welfare credentials
Aldi in Germany is introducing a German-origin label for fresh produce. Like rival Lidl, the discounter is introducing higher animal welfare standards for its own-brand meat and sausage products. The move...
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Aldi Süd sends kebab food trucks on tour through Germany
Aldi capitalizes on rising restaurant prices and puts a spotlight on its private label fast food ranges. Food trucks selling Aldi kebabs are on a roadshow in several German cities....
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Lidl fights to regain price leadership in Lithuania
Lidl is struggling to regain momentum in Lithuania. Last year, the Schwarz discounter posted the lowest revenue growth among the country’s top food retailers. The abolition of paper leaflets in...
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Russian retail looks for growth options
Russian retailers are looking for new ways to increase their market share. Top retailers in the east of Europe are struggling with the same issues as their Western European counterparts:...
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Lidl optimizes international store network
In the first four months of the current financial year, Lidl’s international store opening rate continued to slow down. The discounter closed stores in several key markets. Poland is the...
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Żabka plans to conquer urban Romania
Żabka’s Romanian offshoot, Froo, is targeting two hundred new stores by the end of the year. The retail map for urban convenience stores in larger Romanian cities is still largely...
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Food e-commerce isn’t for everyone (yet)
The democratisation of online grocery shopping is taking longer than initially expected given the worldwide hype around e-commerce. Persistent cost inflation has forced retailers to launch initiatives to curb staff...
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Lidl wins through its ‘breadification’ strategy in the UK
British supermarkets are being criticised for allegedly misleading marketing in their bakery department, and German discounter Lidl’s bakery strategy may be indirectly to blame. The German discounters combines its bake-off...
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Vkusvill challenges Russian market leaders X5 and Magnit
Russian health food retailer Vkusvill is on its way to becoming a formidable force in Russian food retailing. Although market leaders X5 and Magnit dwarf the former niche player when...
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Aldi UK goes local
Aldi in the UK is investing in British apple growers. The German discounter is the biggest buyer of British apples in terms of volume. Following similar moves by Lidl in...
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Tesco leverages artificial intelligence for loyalty
The British market leader Tesco and German discount challenger Lidl have entered an intense battle about customer loyalty in Great Britain. A new Clubcard initiative supported by artificial intelligence aims...
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Action focuses on Central & Eastern Europe
Action plans to increase the pace of expansion. Poland is one of the most important investment countries for the non-food discounter. Despite fierce competition in the segment, the retailer achieved...
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