Spain news

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...
26 July 2021
DIA and Amazon are expanding the coverage of their service to more cities in Spain, as Mercadona revealed its 2019 to 2020 sustainability investment and its future initiatives. Meanwhile, Eroski shared its 2020 growth as it increased its understanding of its shoppers’ behaviour and, finally, Condis revealed how franchising had helped it expand during 2020. DIA and Amazon expand express deliver...
19 July 2021
As Carrefour implements a big data platform across several countries, Carrefour Belgium is working with Google Cloud and, in its home market, it is rolling out parcel collection lockers, we round up news from the retailer. Carrefour implements big data platform, Eagle Carrefour has announced it has implemented Eagle, which it describes as being ‘ a new big data platform that can consolidate...
16 July 2021
Understand four sustainable initiatives from around the region that are set to change the way retailers tackle plastic and food waste. Eroski prevents generates of 1,100 tonnes of plastic Spain-based Eroski has taken steps that mean it has not had to use more than 1,100 tonnes of single use plastic annually. The retailer claims its success in removing plastics was helped by increasing the use...
16 July 2021
Lidl and Kaufland’s parent company, Schwarz Group, has released its 2020/21 financial results. The group enjoyed strong growth of 9.6%, taking its total sales to €125.3 bn. Lidl continues to drive the group’s sales, advancing by 9.9%, while Kaufland posted an increase of 7.5%. Lidl reinforces its position as Europe’s largest retailer Lidl’s total sales reached €96.3 bn, which will mean it w...
13 July 2021
With private label share of sales rising across much of Western Europe, we’ve published a series of three brand new reports for IGD Retail Analysis subscribers: Private label in Europe Private label trends in Western Europe 10 retailers winning in private label in Western Europe Here are some of the key highlights: 1. France, Portugal and Spain are am...
12 July 2021
As Caprabo grew sales 6.6% in 2020 and highlights its future expansion plans for 2021, Aldi is set to reinforce its price reduction strategy, to continue to meet shopper demand. Separately, DinoSol reported its sales advance by 1.6%, while Vegalsa-Eroski declared its sales grew 7.9% in 2020. Caprabo announces 6.6% growth Caprabo said it grew by 6.6% to €842m by the end of its financial year...