Spain news

28 November 2022
As part of its growth strategy in Spain, Aldi is moving into the online channel. Like its operations in many markets, this is with non-food, focusing on its weekly offers. The discounter has previously tested an online offer in Spain, trialling delivery in 2021. Details of how many products the service will include, or where it will be rolled out have not yet been released. The physical store...
09 November 2022
The Carrefour group shared its new strategic plan to 2026, which reflected on its achievements and showcases its new evolving strategic plan. The group plans to build a stronger and more competitive model which creates more value. Carrefour has set several objectives to gain market share, reduce food waste, increase its commitment to climate change and enhance its private label range. Taking a...
27 October 2022
Carrefour reports a strong performance in a challenging environment, especially as inflation accelerated across all European markets. The retailer confirms its sales in Q3 2022 reached €23,504m an increase of 19%, with like-for-like (LFL) sales growing by 11.3%, compared to Q3 2021. Source: Carrefour Alexandre Bompard, Carrefour’s Chairman and CEO addresses Q3’s outcomes ‘In an en...
13 October 2022
Poundland owners Pepco Group released its year end results, for the year ending 30 September 2022, which showed like-for-like sales at the Poundland Group, which includes stores under the Dealz banner in Ireland, Poland, and Spain, grew by 2.6%. Total sales grew by 5.0%, at constant currencies, to £1.87 bn. Pepco Group’s revenue increased by 5.2% to €4.82 bn. What is driving growth for Poundl...
22 September 2022
Understand how retailers in Spain continue to tackle rising inflation, while Alibaba plans to accelerate its expansion for Europe. Explore how DinoSol achieved an increase in sales during 2021 and why Ahorramas closed 2021 with a decreasing turnover.   DIA invests €130m to tackle inflation DIA announced it has invested almost €130m during 2022 to help tackle inflation, Spain is a price sens...
02 September 2022
ELO, previously known as Auchan Holding, reported H1 revenue grew by 6.3%, with current operating profits growing by 24%. Auchan Retail reported an increase in turnover by 6.2% to €15,380m in H1 2022, compared to the same period in 2021.   Auchan Retail claimed EBITDA decreased by 21% to €440m in H1 2022, revealing Auchan France contributed majority of this fall, as a direct results of business...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
21 July 2022
Carrefour announced in Paris its trialling a new initiative to reduce food waste, while also tackling inflation. Meanwhile, in Spain Carrefour-owned Supeco celebrates the launch of it 50 th store opening in the market. We also visited Carrefour Montesson, to explore how it applies refill stations throughout different product categories. Carrefour’s approach to tackling inflation and food wast...
08 July 2022
Spain-based Alcampo announced its full year 2021 results, during a challenge period, it recorded a decrease of 12.8% to €3,921m, compared to €4,497m in 2020. Alcampo’s investment 2021 The group highlighted during 2021 it increased its investment to €104m, an increase of 164.6%, compared to 2020. Alcampo allocated 16% of this investment to sustainability and 15% to the digitisation project, se...
03 July 2022
As part of its annual general meeting, Spain-based retailer alliance Grupo IFA has reported its 2021 results with a total consolidated turnover of €33.2 bn, across all its operations in Spain, Portugal and Italy. Who is Grupo IFA? Grupo IFA is the leading retail group by surface area in the Spanish and Portuguese markets and comprises 34 affiliate members and 137 affiliated companies. In...