date:Jun 19, 2014
retailer in Europe within the next 12-18 months, David Gray, retail analyst at Planet Retail, told City A.M.
The report also predicted that rival Aldi would rise from its current 6th position to 4th by 2018, as discount grocery retailers continue to increase market share and put further pressure on the big players such as Carrefour and Tesco.
Hypermarkets and superstore sales across western Europe are set to be worth 385bn by 2018, while convenience stores sales will experience a 29 per cent i