Tag "Sebastian Rennack"
Lidl’s international expansion stutters
Lidl has put the brakes on its international expansion. Selected investments in Poland and Spain to close the gap to market leaders. In the 2023/2024 financial year, which ended at...
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Russian discounter Mere relaunches as My price in Belgium
Active expansion in Serbia and the Baltics The Russian hard discounter Mere does not give up on Western Europe. After the no-frills operator in 2022 pulled the plug on its...
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Carrefour on track with ‘Digital Retail 2026’ strategy
Investment focus in CEE on Romania, while high competition in Poland lets franchise network dwindle Carrefour improves its financial soundness and moves ahead on its way to becoming Europe’s largest...
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Aldi Nord consolidates logistics and sales structures
After years of cost savings the discounter eyes international expansion push Aldi Nord in Germany wants to further simplify its sales structures and optimize the supply of its stores. By...
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Ahold Delhaize’s results under pressure – CSEE region meaningful differentiator for future growth
Ahold Delhaize closes the year 2023 with a significant drop in net income. As the retailer reports, net sales including European and U.S. operations were up 3.8% at constant exchange...
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Sainsbury’s wants to rise to the next level
New three-year strategy puts market share growth, loyalty and retail media capabilities as well as billion-pound cost savings program in focus. Sainsbury’s, the UK’s number two grocery retailer, is looking...
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Lidl’s international business improves profitability
Lidl has strengthened its profitability despite slowing sales growth. The discounter’s international operations increased their net margin to 2.4 percent and achieved a record net profit of 2.3 billion euros...
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Lidl is challenging Aldi’s price leadership
Lidl is stepping up its challenge to Aldi’s price leadership in Germany, moving from reactive adjustments to a structured pricing strategy. By systematically cutting prices on high-inflation staples, the discounter...
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