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Unique Discounters Expand in the Nordics

Photo: LZ Retailytics
There will be more discount stores opening in the Nordics 2018-2023 than in all of Germany and France combined, LZ Retailytics forecasts.
Topics: Schwarz Group Norgesgruppen Reitangruppen Dansk Supermarked Coop Norge (NO)

Discounters in Search of the Perfect Size

Photo: LZ Retailytics
Extending stores has become crucial to drive future sales growth at discounters.
Topics: Eurospin Schwarz Group Jerónimo Martins Aldi Norgesgruppen

Discount Continues to Dominate Wealthy Norway

In Norway, Europe’s discount-densest country, entry-price stores will continue to outgrow other grocery formats, LZ Retailytics forecasts show. Already claiming over half of total grocery turnover, the discount channel is expected to achieve double-digit growth between now and 2022.
Topics: Norgesgruppen Reitangruppen Coop Norge (NO)

Norgesgruppen Bets on Discount, Forecourt Stores and Online

Norgesgruppen’s Kiwi discount chain continued to be its star performer in 2016 and will be the main expansion banner going forward. This was disclosed in the Norwegian grocery leader’s annual report for 2016, which also showed an overall turnover increase of 5.17% to NOK76.22bn (EUR8.20bn). EBITDA amounted to NOK4.85bn (EUR522mn).
Topics: Norgesgruppen