German discount chain Aldi is reported to violate labour and human rights of Chinese staff that produce promotional goods for the company. A study by the German Südwind institute claimed that Aldi tries to gain an advantage over its competitors by offering discounted products at the expense of the workers....
Edeka creating 8000 new jobs this year. the German discount chain intends to boost its market share to 30 percent by opening 1,000 new stores by 2010. At present, Edeka has 253,000 employees and it revenues total EUR 43 billion. Bijou Brigitte stabilising its German revenues. Revenues of this distributor...
In 2008 the discounter said it would spend EUR350 million opening a further 32 stores in the country over the next three years. In the Republic of Ireland, Aldi has said it boosted its like-for-like sales by 21% during 2008. According to its leader Donald Mackay, the discounter had been...
Aldi’s Austrian branch had EUR3.3 billion in turnover last year, this year company plans to expand the chain (421 units) with additional 20 stores in Austria. As known discounters have the benefit of the recession as shoppers try to save money on groceries. Hofer General Director Johann Mörwald said: "We...
Aldi and Pennydropped their prices by up to 19% on a range of products, including vegetable oil, bread, cheese and yogurt. German food giant Edeka has announced that it plans to introduce price cuts across its eponymous-branded stores as well as its Netto discount chain. A spokesman for the company...
The German retailer increased its number of stores by 9.9% over 2008, moving from 416 to 457 stores across the UK and the Republic of Ireland. Aldi in the UK and Ireland saw its total sales for the past year 2008 boosted to GBP2.15 billion. Managing Director Paul Foley said...
According to a report in the Financial Times, Aldi hopes to open its first store in New York City in the course of 2009, as it continues its steady US expansion. Privately held Aldi has expanded to a chain of almost 1,000 stores in the central and eastern USA since...
Germany-based Aldi is looking to grow its portfolio of stores in Memphis in the US. The discount retailer recently purchased a site in Collierville for USD1 million where it will build a new-look store which is set to be complete by 2010. The store’s façade, mostly glass, will differentiate the...
According to Gábor Ámann, sales and marketing director of PICK-Szeged, they are forced to boost export, in order to be able to produce premium products on an economic scale. At present, the domestic market accounts for two-thirds of their production and one-third is exported. Alcisa-PICK is a joint venture for...
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