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The founder of EasyJet, Sir Stelios Haji-Ioannou, is launching a low-cost food store to rival the likes of Lidl and Aldi in the United Kingdom. EasyFoodstore will focus on a limited range of basic, no name brand foods at bargain prices. Euromonitor Retail Analysts Antonia Brandston and Raphael Moreau state that the market is large for discounters; however, it will be hard to make this particular business model profitable with the low quantity of items that easyFoodstore will sell.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.
By Euromonitor International5
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The founder of EasyJet, Sir Stelios Haji-Ioannou, is launching a low-cost food store to rival the likes of Lidl and Aldi in the United Kingdom. EasyFoodstore will focus on a limited range of basic, no name brand foods at bargain prices. Euromonitor Retail Analysts Antonia Brandston and Raphael Moreau state that the market is large for discounters; however, it will be hard to make this particular business model profitable with the low quantity of items that easyFoodstore will sell.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.