According to recent data, value of sales of the world's ten largest discount retailers grew in 2020 despite the COVID-19 pandemic. Compared to 2019, Schwarz Group, which owns discount stores Lidl, increased their sales in pre-COVID-19 and post-COVID-19 2020 by five billion U.S. dollars and nine billion U.S. dollars, respectively. The group's sales reached to 103 billion U.S. dollars in post-COVID-19 2020. Aldi had a similar trend in the same period and had a sales value of 99 billion U.S. dollars in post-COVID-19 2020, an increase of about seven billion U.S. dollars compared to 2019.
Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020
(in billion U.S. dollars)
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Edge by Ascential. (November 3, 2020). Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/
Edge by Ascential. "Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020 (in billion U.S. dollars)." Chart. November 3, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/
Edge by Ascential. (2020). Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/
Edge by Ascential. "Value of Sales of Discount Retailers in 2019, Pre- and Post-covid-19 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Nov 2020, https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/
Edge by Ascential, Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/ (last visited December 30, 2024)
Value of sales of discount retailers in 2019, pre- and post-COVID-19 2020 (in billion U.S. dollars) [Graph], Edge by Ascential, November 3, 2020. [Online]. Available: https://www.statista.com/statistics/1192800/discount-retailers-sales-value-covid19/