Brazil: Dia to close 343 stores
Spanish retailer Dia has announced plans to close 343 stores and three warehouses in Brazil as part of a strategic review of its business in the country, according to an ESM report. The closures would affect more than half of the roughly 600 stores Dia operates in the country. In a statement, the company said […]
USA: Dollar Tree announces plans to close nearly 1,000 stores
Dollar Tree, the largest discount retailer in the US, has announced plans to close nearly 1,000 stores, following a “a store portfolio review”. The retailer said it intended to initially close 600 Family Dollar stores, with a further 370 Family Dollar outlets and 30 Dollar Tree stores also expected to be shuttered over the coming […]
UK: Aldi launches wine in cardboard bottles
Aldi, the German retail giant, has announced the launch of what it claims to be the UK’s first supermarket own-brand wine sold in paperboard bottles. The bottles utilize Frugalpac’s Frugal Bottles technology, described as being produced from 94% recycled paperboard with a food-grade pouch housing the wine. The packaging is said to be fully recyclable […]
USA: Aldi to open 800 new stores over five years
Aldi, the German retail giant, has announced it plans to add 800 new stores to its US network by 2028 through a combination of new store openings and store conversions. The retailer is aiming to increase its presence in the Northeast and Midwest, adding nearly 300 stores in both regions by end of 2028. In […]
USA: Target launches budget Dealworthy private label
US retailer Target has announced the launch of Dealworthy, a new private label range of home and personal care items that promises to offer a range of products at low prices with no compromise on quality. According to the retailer, the new line features 400 everyday items such as paper towels, body wash, laundry detergent […]
UK: Lidl opens new bottling plant
Lidl, the German retail giant, has announced the opening of a new bottling plant in Derby, UK with capacity to produce 380 million bottles per year. The plant will be known as MEG Derby. MEG is one of Germany’s leading mineral water and soft drinks manufacturers, and the facility will be its first UK venture. […]
Spain: Lidl to invest €140 million in new logistics hub
Lidl, the German retail giant, has announced it will invest €140 million ($152 million) to construct its largest logistics hub to date in Spain. Set for completion by mid-2024 and due to open in 2025, the new warehouse will be built in Martorell, near Barcelona, on a 126,000 square metre plot, complementing the retailer’s existing […]
France: Casino to sell 288 stores to Auchan and Les Mousquetaires
Casino, the leading French retail group, has announced it has reached an agreement to sell 288 stores and assoicated service stations to peers Auchan and Les Mousquetaires for an enterprise value of around €1.3 billion ($1.4 billion) Negotiations started last December with Casino aiming to sell almost all of its supermarkets and hypermarkets as part […]
Spain: Aldi plans store, distribution centre expansion
German discount retailer Aldi has announced plans to expand in Spain in 2024 via 50 new store openings and two new distribution centres. According to sources, the retailer plans to inaugurate a new distribution centre in Sagunto in the Valencia region this February. The expansion will be focused mostly in the regions of Valencia, Catalonia […]
Belgium: Monoprix to open first store in the country
French retailer Casino Group has announced the opening of a new store in Belgium under the convenience store banner Monoprix, the first one in the country. According to sources, the new store will be located in the centre of Waterloo, where Transversale – the firm’s master franchisee – has already collected a permit from local […]