Spain news

19 April 2016
Lidl has reported double digit sales growth in several markets with strong improvements in Spain and extraordinary growth in the Czech Republic. Double digit growth in Spain Lidl almost doubled its revenue growth in 2015. It reported sales of EUR3 bn, up 12.5% in comparison to EUR2,7bn (7% growth) in 2014. Its 2015 capex increased by 27% to EUR262 m. The retailer opened 30 new stores and...
15 April 2016
France-based Carrefour’s total group sales rose 3.8%, 3.1% in like-for-like terms, in its first quarter, to €20.0 bn, with flat sales in France, against tough comparisons in 2015, being helped by an acceleration in the pace of sales growth internationally. France: performance held by hypermarkets In its home market in Q1, Carrefour saw total growth of 0.1%, excluding the effect of petrol, w...
14 April 2016
Leading UK single price discount retailer, Poundland has announced Q4 sales up 29.8%, significantly boosted by the addition of the the 99p Stores estate, which contributed some 26 percentage points of growth (£67m).  Full year growth (to 27 March) was 17.9%, with turnover reaching £1,310m. Core business growth slowing Full year growth within the core Poundland business (excluding 99p Sto...
07 April 2016
As Covirán announces its 2015 full year results and its chief executive discusses his outlook for the market, DIA extends the coverage of its online store to new cities and Condis discusses its franchising strategy, we round up news from the country. DIA extends reach of online channel… After recently expanding the coverage of its online store to further cities, DIA has said it has lau...
24 March 2016
As Spain-based Eroski discusses the successful launch of its two apps, we look at how the retailer continues to invest in its ‘Contigo’ (‘With you’) format and has signed an agreement with locally-based banking group BBVA to help franchisees to grow. App launch proves successful Eroski has discussed the successful launch of its two apps, which have received a positive response from shoppers...
14 March 2016
Auchan Holding has reported a 1.5% growth in consolidated revenue for 2015, excluding tax, to EUR54.2bn (+1.7% organic and excluding fuel). Operating profit was up 5.5%. Asia and CEE key to growth In October 2015, Auchan streamlined its organisation to improve performance, and this contributed to what management board chairman Wilhelm Hubner called "a year of transition." He pointed...
11 March 2016
As Bon Preu and Uvesco publish positive sales performances for 2015, Euromadi Ibérica says that it continues to search for new partners and Eroski continues to rebalance its store portfolio, we round up news from Spain. Euromadi Ibérica: positive 2015, looking for new members In an interview with local trade publication infoRETAIL the president and chief executive of Euromadi Ibérica, Jai...
10 March 2016
Carrefour chief executive Georges Plassat has talked about the multi-format strategy, digitisation, emerging markets and the acquisition of DIA stores at the 2015 full year results presentation. Carrefour today reported a 3% increase in net sales to EUR76.9bn, on an organic basis, for 2015. All formats have a role to play Carrefour has previously stated the importance of bricks and m...
04 March 2016
Spain-based Mercadona saw its turnover rise 3.3% in 2015 to €20.83 bn, aided by store and volume growth and a continued focus on prices. Underlining a slight change in focus, and a growing interest in the channel in Spain, the retailer said that turnover through its online store rose 8% to €169m. Price investment and expansion continues Total turnover rose 3.3%, while volume sales increased...
03 March 2016
We review Costco’s performance as it reaches the halfway point of its financial year. Canada leads Costco’s sales growth Costco’s second quarter sales increased by 2.6% to $27.6bn, with comparable store sales up 5%, excluding currency and fuel impacts. The retailer saw the strongest performance in Canada, where comp store sales increased by 10%. Other international markets delivered a sol...