Spain news

Carrefour has reported consolidated sales of €22.4bn for Q4 2015, up 4.1% ex. petrol and at constant exchange rates. Sales were up 2.4% on an organic basis (ex. petrol and calendar effect), with the results driven by its operations outside of France. France: stable quarter with smaller formats standing out Carrefour said its results underscored: "the consistency of its execution and the...

We visited Poundland's store in the affluent town of Stratford-upon-Avon to understand the retailer's latest in-store initiatives. Our visit revealed how Poundland is offering value in new and different ways to drive basket spend and attract new shoppers, creating more opportunities for suppliers. 1. Conditional spend Poundland has been trialling a 'conditional spend' promotion since las...

As Eroski celebrates the anniversary of the relaunch of its loyalty programme, Consum marks its 40 anniversary by aiming at breaking through the €2.0 bn revenue mark and DIA sets out its expansion plans, we round up news from the country. Eroski spotlights benefits of loyalty programme On the anniversary of the relaunch of its loyalty programme, Eroski Club, the retailer has said that the u...

Leading global warehouse club operator Costco has announced sales performance for the first quarter of its 2015/16 year, revealing comparable sales down 1% at group level.  However, it achieved a more solid +2% in its core market in the US, where the relative strength of the dollar had no impact. Adjusted performance of +6% Excluding the negative impacts, especially of deflation in fuel sal...

We explore the key roles of influence of three Poundland directors ahead of February's IGD Poundland Trade Briefing. Jim McCarthy, CEO Poundland's CEO has referred to the 99p Stores acquisition as a 'transformational deal', making this a key time for Poundland's supplier base to understand the impact of this strategic move. Poundland has made huge progress in the last year to strength...

As Consum continues to benefit from its franchise-supported growth, Lidl underlines the importance of its Deluxe range and Mercadona builds its presence in the Basque Country, we round up news from Spain. Consum celebrates franchise success Consum has spotlighted the growth its franchisees are adding to the overall business, with sales through franchised stores rising by 14.2% in 2015 to €1...

Following Poundland's interim results, we explore three ways the discounter is developing its offer to win in the UK and beyond. 1. Opportunities in ecommerce Poundland's launch online has been a significant development in the UK discount channel, which has recently seen various retailers diversify beyond their core offer. Poundland's website, which offers 2,000 SKUs, is a key way in ...

Poundland has reported an increase of 5.0% in group revenue for the six months ended 27 September 2015. However, like-for-like sales and profits have dipped with Poundland impacted by strong competition as it goes through a significant time of transition. Like-for-like sales drop to -2.8% Poundland's group revenue came in at £554.7m, up 5.0% on the previous year, however this positive...

As Mercadona continues to invest in its fresh supply chain, Eroski revamps its health and beauty private label Belle and Eroski-Vegalsa spotlights its in-store innovations, we round up news from the country. Mercadona drives supply chain efficiencies in fresh Speaking at an Aecoc event, Mercadona’s Pedro Corraliza, who manages its logistics programme, said that the retailer was aiming to b...

Following the success of Aldi Süd, Aldi Nord in Germany is going to list more branded products. The latest developments suggest that the discounter is going through enormous change in its strategy. Discounters are becoming more shopper centric, a trend which we foresee in our Discount 2020 report. Discount shoppers ask for more brands 45% of Aldi shoppers would visit an Aldi store mo...