Spain news

02 March 2016
Poundland's Jim McCarthy is stepping down from his role as CEO after 10 years to begin his retirement. Ten years at the top During his time at the helm, McCarthy has led the discounter's success, taking sales since he joined in 2006 from £310m to £1.1bn in 2015. Other recent significant achievements include acquiring the 99p Stores estate to make Poundland the largest discounter in t...
02 March 2016
Poundland's latest celebrity collaboration with ex-Ground Force host Charlie Dimmock brings shoppers a new value gardening range. 120 lines in new gardening range The new range, called 'In the garden with Charlie Dimmock', comprises of 120 new lines, in time for the spring and summer seasons. The range is split into eight categories, which include solar lighting, planting accessor...
02 March 2016
Spain-based DIA has implemented new strategies to drive sales growth in Spain and Portugal. Extends reach of online store in Spain DIA has expanded the reach of its online store, adding a number of cities to the service. Palma de Mallorca was the first to benefit from the extension, with this followed by Cadiz, Cordoba and Sevilla. The service has already been launched in Madrid, Barcelona ...
29 February 2016
As Carrefour announces the purchase of a number of stores in Spain, we look at other recent acquisition activity as the retailer drives its multi-format strategy. Spain: purchasing stores from Eroski Carrefour is to acquire 36 compact hypermarkets from the Eroski group, spanning 235,000 sq. m, as well as eight shopping malls and 22 petrol stations adjacent to the stores. This will exten...
24 February 2016
Spain-based DIA has announced Q4 and full year 2015 results, with gross sales under banners rising by 5.1%, at constant exchange rates, in the fourth quarter, to €2.7 bn, and by 12.2% in the full year, to €10.5bn. The results were driven by improvements in like-for-like sales at its operations in Spain and Portugal, the acquisition of Eroski stores and El Arbol and the continued strong performanc...
22 February 2016
As Eroski announces a boost from the sale of real estate assets by Gonuri Harizartean Housing Society, in which it holds a stake, and it highlights the positive effect of its franchising model and online store, we round up news from the retailer. Real estate sale aids financial footing Eroski has improved its financial position through its ownership of its 45% stake in the Gonuri Harizartea...
18 February 2016
We explore the opportunities for new and existing suppliers to grow with Poundland as the discounter ventures beyond its signature price point. 1. Special promotions Poundland is evolving its £1 business model in-store with  Special Promotions that allow shoppers to buy round-pound products above the £1 price point, with the condition of spending one pound. Having trialled the prom...
15 February 2016
Auchan’s Spain-based subsidiaries, which have been working with locally based buying group Euromadi since January 2015, have announced that they will be incorporated as full members within the alliance from 1 March 2016. Agreement to expand association between the three parties Alcampo and Simply handed responsibility for negotiations for private label purchasing to Euromadi's subsidiary, D...
11 February 2016
As retailers across Western Europe report their latest results covering Q4 and Christmas trading, we take an in-depth look at their performance and five themes that have emerged from those who have performed strongly during the timeframes. 1. Focusing on winning formats and markets With the majority of retailers in the region having multi-format operations, we have seen a move towards c...
11 February 2016
Metro Group sales in Q1 2015/2016 declined by 1.3% to €17.1 bn due to the exchange rate developments – particularly relating to the Russian rouble. At local currency the sales grew by 0.1%. Metro Group achieved a slight increase in like-for-like sales of 0.1%. Like-for-like sales was up 0.2% at Metro Cash & Carry, making this 10th consecutive quarter with a positive sales trend. Like-for-...