Discounters Aldi and Lidl have captured an increasing market share in the United Kingdom and they are not ready to halt their British assault. Both retailers have plenty of plans to continue their expansion.
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German discount chain Lidl will soon sell BMW cars. It has signed a deal with the German car manufacturers to ship company cars.
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British supermarket group Tesco is apparently developing its own discount formula for the United Kingdom, an attempt to compete with Aldi and Lidl, two competitors that steal away an increasing share of the market.
Only 2.5 years into his reign as Lidl Germany CEO, Marin Dokozic has left the company, the third high-profile departure in a year’s time. Lidl is also feeling the increased heat from competitor Aldi in its home territory.
Lidl’s rapid international expansion turns out to be expensive: the increased investment has put pressure on the profitability. Owner Schwarz Group now wants to get costs under control.
Lidl had hoped to have about a hundred stores in the United States by the summer, but will be forced to adjust its first-year goals. The German chain currently has 49 stores in the United States.
Lidl’s first American stores’ performance was “frighteningly weak”, German and American media report. The board will take measures and The German company has strengthened its grip on its overseas operations.
Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.
Amazon’s drastic price cuts for Whole Foods are merely a first step in a larger conquest plan. Innovation is the real key, analysts feel.
Lidl will open a new distribution center in Venlo, which will cater its web shop’s customer base. The distribution center is not a Lidl Netherlands project, but apparently an international project.
Both Ahold Delhaize and Colruyt suffered blows on the stock exchange as it seems like investors have completely lost faith in supermarket shares. However, they are not all alike, because Ahold Delhaize seems to bounce back, unlike Colruyt.
German supermarket chain Lidl has launched its own web shop in China on Alibaba’s online platform Tmall, similar to what many other Western companies have done.
Mark the date: on 15 June, Lidl will open its first American store. In charge is someone who earned his stripes in Belgium and the Netherlands, but the main question is whether Ahold Delhaize should fear the German discounter’s arrival?
Looking at the sheer amount of companies exhibiting at the 2017 PLMA Trade Show in Amsterdam, private label must be thriving in Europe. Most notably, private label has shed its price image (partly) and more sophisticated concepts have been launched.
Private label manufacturers encounter plenty of cost-increasing obstacles when they collaborate with retailers, but their partnerships with hard discounters are much more efficient. What can we learn from that?
Lidl is rapidly expanding its international reach, but with a new CEO and on the verge of its first American store openings, it is interesting to investigate the numbers that help create its success.