Popular now
French consumer watchdog fines Shein €22m over retail breaches 

French consumer watchdog fines Shein €22m over retail breaches 

Footasylum partners with streetwear brand Trapstar

Footasylum partners with streetwear brand Trapstar

Howdens agrees to acquire DIY Kitchens for £390m

Howdens agrees to acquire DIY Kitchens for £390m

Lidl posts 18% December revenue increase

Lidl posts 18% December revenue increase

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Discount supermarket Lidl has reported that its revenue for the four weeks to 27 December rose by 18%, according to the BBC.

More than six million glasses of prosecco and 2.7 million servings of panettone were sold by the retailer over the Christmas period, as the firm benefitted from restrictions to restaurants and non-essential shops.

The supermarket was facing such high demand over the period that it was selling 7,000 glasses of mulled wine and nearly 17,000 deluxe mince pies for every hour of December.

Christian Härtnagel, managing director at Lidl UK, told the BBC: “Despite this Christmas being a difficult time for many across the country, we are pleased to have been able to help our customers enjoy themselves.”

He added that the brand gained four new stores in December as it continues to carry out its “expansion and investment plans”.

Nationwide restrictions have also led to a positive spike in revenue for takeaway company Just Eat, who saw orders in the UK increase 58% in the last three months of 2020 when compared to the same period of 2019.

Jitse Groen, owner and founder of the firm, dubbed the company’s UK progress as “particularly exciting”, with demand reportedly rising almost five-fold for the period.

Retail Sector has contacted Lidl for further comments.

Previous Post
Sosandar reports revenue growth of 6% in Q3

Sosandar reports revenue growth of 6% in Q3

Next Post
Morrisons first supermarket to pay staff £10 an hour

Morrisons first supermarket to pay staff £10 an hour