By Planet Retail2011-10-03T07:00:00+01:00
Dansk Supermarket and its Sweden-based banner Netto is aiming to overtake Lidl to become the largest hard discounter in the country. Chief executive Jan Richter revealed the chain will look to open 30 new outlets a year until 2015, and expects to surpass Lidl in terms of store numbers during 2012.
Tesco and Morrisons have reinstated rationing of essential products amid fears that customers are starting to stockpile again.
The discounters have lost share during the pandemic as more and more grocery shoppers switched to online. But digital moves are afoot at Aldi, Lidl and Poundland. Retail Week reports.
Morrisons has launched home delivery subscription boxes for customers to keep up with the growing demand for grocery deliveries.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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