Dictionary
discounter
noun
A vendor of discount goods.
Exact(60)
Leaving aside for the moment the unexpected departure of Tesco chief executive Philip Clarke, discounter Poundland was in focus after an upbeat note from Exane BNP Paribas.
Target competes against Wal-Mart not only with low-price commodity items but also as a sort of upmarket, less cluttered discounter of other goods.
These include Spotify, an Anglo-Swedish music-streaming service with more than 10m registered users, and Vente Privée, a French clothing discounter with annual revenue of some $1 billion.Much more striking, however, is that the latest round of euphoria involves emerging markets that were mere spectators during the last one, above all China.
Partly because of this, a big supermarket has not yet opened on the high street though Lidl, a discounter, will set up shop this year.
That is now changing, however, as Aldi, together with Lidl, another German discounter, gobbles up market share.
In a similar vein, well run foreign retailers such as Tesco and Aldi, a German hard discounter, may find their expansion in America goes better now that so many local rivals are feeling pain (the two firms are fighting a price war against each other at home in Europe).Another conundrum is how far to cut prices to shift stock.
The online discounter had not accounted in its earnings for the high level of refunds it had to pay.
Rema 1000, a local discounter, will take over Lidl's stores there.
The Minneapolis-based discounter thrived after reinventing itself as a seller of designer-label clothing at affordable prices.
That makes many buyers' agents steer their clients elsewhere either in solidarity with full-service brokers or because they fear a discounter will leave them with the lion's share of the work.Such stealth discrimination is hard to prove: buyers' agents can always say they ignored a listing because it did not meet their client's needs.
Later this year USA Global Link, another discounter, plans to offer international calls for as little as $0.25 a minute, using the Internet.The more established companies are picking up some of these tricks.
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