Tag: Discount Stores



Aldi searches for over 50 Retail Outlets as Expansion Accelerates

Posted on 23 May, 2014 by Kirsten Kennedy under Business News

Discounters have become something of a force to be reckoned with in the UK supermarket sector, with the Big Four (Tesco, Sainsbury’s, Asda and Morrisons) increasingly losing market share to German imported brands such as Aldi and Lidl. In a bid to... Read More

New Store Openings boost Sales at Poundland

Posted on 9 May, 2014 by Kirsten Kennedy under Business News

Discount brands are continuing to enjoy a boom in sales despite the end of the recession bringing with it increases in disposable income and a drop in inflation. This has seen brands such as Aldi, Lidl and Poundland invest in new store openings throughout the... Read More

Independent Discounters prove Popular for Household Goods

Posted on 23 April, 2014 by Kirsten Kennedy under Business News

Discount shops proved to be one of the few success stories on the high street during the recession, frequently taking-up properties vacated by struggling retailers. This trend has continued with names such as Aldi, Lidl and Poundland all increasing their... Read More

Consumers buying Discount to save for Luxury Items

Posted on 15 April, 2014 by Kirsten Kennedy under Business News, Economy

Sales and profits in the discount sector of the retail industry have skyrocketed in the past few years, largely due to consumers striving to save during the recession. However, at the other end of the scale, luxury goods retailers have enjoyed an impressive... Read More

Former Woolworths Stores pave Way for Expanding Discount Retailers in North East

Posted on 12 January, 2014 by Kirsten Kennedy under Business News

This time five years ago, the retail industry in the UK was shaken by the onslaught of Britain’s longest ever recession. One of the earliest casualties, still regarded as one of the most shocking administrations of recent years, was Woolworths, with the... Read More

Poor High Street Sales Trend Bucked by Primark

Posted on 10 November, 2012 by Kirsten Kennedy under Business News

The high street suffered immeasurably at the hands of the recession, with several well-known brands forced into administration and many more being forced to borrow large amounts of money in order to remain operational. While the worst of Britain’s economic... Read More