Spain news

As Glovo and foodpanda extend their reach and range of services and Netherlands-based Jumbo adds further delivery capacity, we round up five developments affecting the online channel. Glovo to add more darkstores to support Q-commerce growth… After receiving a further €100m of funding, Glovo is planning to expand its presence of darkstores to 100 by the end of 2021, up from 18 today. Glovo ...

Spain-based discounter DIA has revealed its Q4 2020 results, which showed total group sales of €1.7 bn and an increase in like-for-like (LFL) sales of 6.9%. The results were particularly positive given DIA’s store numbers fell by 457, with the retailer ending Q4 2020 with a total of 6,169.  Division sales performance DIA Spain’s sales increased by 9%, to €1.14 bn, while LFL sales grew by 10...

Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...

As Metro continues its evolution as a company, we round up developments in Spain, France and Romania as it looks to strengthen its operations globally and in the specific countries. Metro to promote digital transformation with Wipro Metro and Wipro have announced a strategic digital and IT partnership ‘ to drive forward the transformation of the Group's IT and to concentrate more strongly i...

Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...

Lidl Spain continues to grow its network, investing a further €60m to open 10 new stores during Q4 2020 as it also collaborates with a celebrity chef to launch a limited-edition range. Meanwhile, Aldi has revealed its plans to continue its expansion and claims it increased its space by 6.4% in 2019. Separately, Caprabo has launched a new online platform, which has enabled an increase in capaci...

Portugal-based Continente plans to remove microplastics from its MYLabel range. Mercadona continues to tackle its sustainability goals, this time focusing on reducing emissions. Meanwhile, Garnier launched plastic free shampoo bars and Auchan Portugal partnered with MyCloma to reduce textile waste.   Continente set to eliminate microplastic Continente its set to eliminate microplastics from...

Spain-based Mercadona has revealed long-term investment plans to strengthen its logistics capacity. Meanwhile, the retailer continues to focus on reducing its use of plastic through its 6.25 strategy, while its suppliers sustain their pace of innovation to keep up with shopper demands. Mercadona to invest €1 bn in its supply chain Mercadona will invest €1 bn between 2021 and 2025 to enable ...

Eroski introduced a new range of organic fruit and vegetables, which are available online and in store. Meanwhile, Caprabo is reinforcing its support for local proximity and has updated 60% of its stores in 2020, while, finally, Spain has seen an increase in demand for food delivery services since the beginning of the COVID-19 pandemic. Eroski launches new organic fresh range Eroski has add...

(Last updated 26/11/2020) As Western European countries are facing a second wave of COVID-19 infections, several governments are implementing stricter restrictions including second national lockdowns. Here is an update of the latest announcements across the region Germany Latest ( update 26/11/2020) : Lockdown to be extended until at lest 20 December, with non-essential busines...