Spain news

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...

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...

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...

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...

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...

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-...

Ahead of IGD's Poundland Trade Briefing next month, our Director of Retail Insight, Ben Miller , speaks to Poundland's Trading Director, Simon Twigger , about the discounter's recent results, its growing estate and new ranges. BM: Poundland recently published its Q3 results. While the city focused on profit performance, our eyes were drawn to the sales growth opportunities you are c...

Leclerc's sales in France were up 3.4% in 2015, to EUR35.6bn (ex. petrol). Total turnover in Europe came to EUR44.3bn (ex. petrol), down 0.3% on 2014. Hypermarkets played key role in growth Leclerc's hypermarkets performed strongly in 2015, accounting for 55% of the growth. Leclerc has renovated more than 260 hypermarkets over the past two years and said customer traffic increased by 3....

IGD's Retail Analyst, Priya Chandarana , and Shopper Insight Manager, Rupal Mathur , explore the newly converted Poundland in Eltham, following the discounter's acquisition of 99p Stores. Core layout and ranging In autumn 2015, Poundland started the process of converting the acquired 99p Stores estate. By the end of the year, 25 stores had been converted, including the store on Elth...

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...