Aldi opens a record number of stores in one day
NamNews - Dec 7th 2018, 09:45
Aldi UK has opened a record eight stores on a single day as part of a tranche of 24 new outlets that are opening throughout November and December.
The latest openings are in Glasgow, Chellaston, Eckington, Longridge, Oldham, Skelton, Bodmin and Islington in London.
The discounter is also upgrading three existing stores as part of its ongoing ‘Project Fresh’ refurbishment programme.
Giles Hurley, Chief Executive of Aldi UK, commented: “We’ve stepped up our store opening programme in the run-up to Christmas so that more shoppers can enjoy fantastic quality products, at prices they can afford, throughout the festive period.”
Aldi UK has opened over 70 new stores during 2018 and currently has more than 800 outlets, with a longer-term target of 1,200 by 2025.KamCity
Woolworths bedeviled by declining sales
18/01/2019 - 10:35
As Woolworths tries to recover from the impairments of A$712.5 million (R7.02 billion) it suffered last year in its Australian subsidiary David Jones, the retailer continued to experience declining sales in the 26 weeks to end December trading period in South Africa.
TFG bucks retail trend over festive season
18/01/2019 - 08:00
Apparel group TFG, which operates the Foschini, American Swiss and Markham chains, has bucked the retail trend and produced solid growth numbers for the festive season.
Edcon gets some breathing space
17/01/2019 - 10:34
Edcon is at a turning point yet again. The retailer — which operates the Edgars, Jet and CNA chain stores — has just wrapped up a deal with 250 stakeholders, including its shareholders and landlords, in a bid to keep its doors open.
M&S confirms more store closures
17/01/2019 - 08:41
Marks & Spencer confirmed the location of the next batch of stores it plans to close as part of its restructuring plans.
Black Friday boosts November’s retail sales
16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.