Malaysia: discount retailer Eco-Shop valued at US$1.6 billion for I.P.O. Asia In Malaysia, discount retailer Eco-Shop is preparing to raise US$238.4 million ahead of an Initial Public Offering, scheduled for May 23, 2025. The Malaysian retailer (annual revenue at the end of May 2024 : US$510 million,…
Acquired for US$8.5 billion, Dollar Tree sells Family Dollar for US$1 billion Americas On March 26, the American discounter Dollar Tree (owner of the eponymous brand and Family Dollar) reported a turnover of US$30.83 billion in 2024 via 2900 stores,…
Action ends 2024 with sales up 22% Europe Dutch retailer Action (shareholder 3i) ended 2024 with sales of €13.8 billion, up 21.7% overall and 10.3% on a like-for-like basis.…
Malaysian discounter Eco-Shop wants to raise US$200 million for an IPO Africa, Middle East On January 20, 2025, preparing for I.P.O. on the Malaysian Stock Exchange by June 2025, Malaysia’s largest discount retailer by sales Eco-Shop (annual revenue of US$510 million to the end of May 2024,…
With sales up 21% in nine months, Action focuses on Southern Europe Europe In the first 9 months of 2024, Action recorded 10% like-for-like growth, driven by a larger customer base. It is targeting 350 store openings in 2024.
Lidl launches a D.I.Y. and garden services Europe After launching a non-food e-commerce business in May 2023, Lidl is further investing in physical stores. In mid-July 2024,…
Between expansion and price cuts, Action’s turnover jumps by 20 % Dutch discounter Action (2023 sales: €11.32 billion, up 28%) announced sales of €6.23 billion,…
In the U.S.A., Japanese discounter Daiso plans to increase store count 10-fold by 2030 Asia In the United States, while Family Dollar has closed 600 stores since the start of the year,…
