The Bank of England recently raised the key interest rate from 1% to 1.25%, and with the bank’s governor warning Britons that more hikes may be on the horizon, U.K. shoppers are experiencing interest rates approaching double figures. The raise comes amid an ongoing cost-of-living...
With simpler stores that offer fewer products at lower prices, German discount chains Aldi and Lidl have increased their sales. They are taking a bigger share of U.S. grocery bills and pressuring retailers in the U.S. to respond, with grocers in the U.S. decreasing prices...
Despite generating a lot of buzz when it announced plans to expand across the U.S., Lidl has struggled to gain a foothold in a U.S. grocery market that has suddenly become a breeding ground for the hyper-competitive. The plan, at first, was to see 100...
New leadership is coming to fast-growing discount grocery chain Lidl, with the firm officially announcing Johannes Fieber as the president and CEO of its American arm, according to Supermarket News reports. Fieber is replacing outgoing Brendan Proctor, who has led the firm’s aggressive stateside expansion ambitions since 2015....
July 13, 2017
Peapod was one of the earliest Internet startups to offer grocery delivery services, so it only makes sense that the company would strive to stay at the forefront of the grocery sector – now more than ever, as the changing grocery landscape threatens to cull the weakest players in the space. The Illinois-based service already […]
October 15, 2019
With simpler stores that offer fewer products at lower prices, German discount chains Aldi and Lidl have increased their sales. They are taking a bigger share of U.S. grocery bills and pressuring retailers in the U.S. to respond, with grocers in the U.S. decreasing prices on staples like eggs and milk and adding more products […]
July 06, 2018
Despite generating a lot of buzz when it announced plans to expand across the U.S., Lidl has struggled to gain a foothold in a U.S. grocery market that has suddenly...
May 18, 2018
New leadership is coming to fast-growing discount grocery chain Lidl, with the firm officially announcing Johannes Fieber as the president and CEO of its American arm, according to Supermarket News reports. Fieber...
February 12, 2018
Supermarket group Tesco, Britain’s biggest retailer, will be opening a chain of discount stores in the U.K. Reuters reported that the “cut-price” stores will enable Tesco to take on discount...
