Article Abstract:
In the last few years, the hypermarket industry in Portugal has started to fall behind the supermarket and hard discount store industries. Totally, these three store formats posted total sales of Esc1.4 trillion (6.98 billion) in 1998, a 13% rise from last year. Although hypermarket sales growth was roughly 13%, the growth of supermarkets and discounters was around 17%, according to the latest research by Madrid-based consultants DBK.
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Article Abstract:
Discount goods represent 16% of the total French food market in value terms and 24% in volume, according to a study by the French Institute for Commerce and Consumption (ICC). The discount divisions of traditional retailers such as CDM, Leader Price and Ed represent 61% of the total discount market in the country. Dedicated discount stores gain market share at the expense of retailers' own brands.
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Article Abstract:
Expansion in grocery discount outlets in Belgium is expected to continue according to a German trade journal, partly helped by new retailing laws. Aldi, a German discounter, had 635 outlets opened by 1994. Domestic discounters include Profi, Boxer and Dial Budget. Traditional supermarkets have had to reduce their own prices to compete with the discounters.
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