Spain news

20 September 2021
DIA has reported group turnover decreased by 9.1%, to €3,193.7m, in the first half of 2021. DIA’s sales performance by market The retailer operates in four markets: Argentina, Brazil, Spain, and Portugal. By market it reported: DIA Spain announced its H1 sales of €2,089.7m, a decrease of 7.7%, compared to H1 2020 DIA Portugal revealed a decline of 4.2% to €296.3m in H1 2021 DIA Brazil...
17 September 2021
As Auchan looks to embed its new strategy, its operations in Spain and Portugal roll out initiatives that support this outlook. Auchan Portugal launches Pick&Go service… Auchan Portugal has launched a new ecommerce service for urban shoppers under the brand name Pick&Go. The service, which is available at two independent locations in Lisbon and from one MyAuchan store in the city, will enab...
16 September 2021
As Carrefour receives sign off for its acquisition of Bio c’Bon in France, expands its presence in the convenience channel and enjoys strong growth in Spain, we round up news from the retailer. Carrefour required to sell eight stores to complete Bio c’Bon acquisition Following its announcement to purchase Bio c’Bon and notification of the Competition Authority, Carrefour has received si...
14 September 2021
2020 saw the Spanish grocery sector experience robust sales growth driven by shoppers’ confinement and the subsequent abrupt closure of the hospitality sector. Now the pandemic seems to be easing, retailers are adapting to the ‘new normal’, consolidating their positions in a market poised for further growth, fuelled by an incipient recovery of the economy. With consumers still reluctant to spe...
14 September 2021
Europe’s largest retailer is accelerating its sustainable transformation. While many of the developments are not unique in the retail industry, the size and scale of Lidl means these solutions could contribute to make it a leader in Europe in terms of sustainability. We look at some of its latest developments in the region. Tighter plastic reduction targets through Reset Plastic strategy In...
02 September 2021
Caprabo announced it is increasing the breadth of its range, while Lidl has launched its new vegetarian range, Vemondo. Separately, Eroski has added its new convenience format at service stations and Alimerka has reported sales growth of 10% in 2020. Caprabo increases assortment in its new stores Caprabo has said it is increasing the size of its assortment, offering shoppers approximately 12,...
31 August 2021
ELO, the new name for Auchan Holding, reported H1 revenue fell by 0.5%, at constant exchange rates, to €15.11 bn. However, its EBITDA rose 12.5%, again at constant exchange rates, to €757m, with its margin reaching 5.0%, up from 4.4% in the same period in 2020. In relation to Auchan Retail, turnover fell 2% on a like-for-like basis, excluding petrol and exchange rate effects, but including a 0...
17 August 2021
El Corte Inglés has launched its Toys that Care for the Planet shop-in-shop in 70 stores, as Lidl Spain opens its largest urban store in Madrid. Separately, Sánchez Romero has expanded the reach of its online channel nationwide, while Consum reveals its achievement of reducing sugar, salt, and saturated fats in its private label range and, finally, Gadisa announced its sales grew 9.9% compared in...
29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...