Spain news

31 July 2015
Spain-based Eroski has underlined its growing strategic focus, outlining the benefits of its new ‘ contigo ’ format and its franchise-led expansion programme. Retailer gives more details on ‘ contigo ’ format Leire Mugerza, the president of Eroski’s governing council, has been discussing the retailer’s ‘ contigo ’ (‘ With you ’) format saying that it has enabled stores to promote greater l...
31 July 2015
As El Corte Inglés sells a stake in its business, Covalco and Hiperber add new stores to their networks and Grupo IFA and Gasol collaborate to heighten awareness of healthy options, we round up the news from Spain. El Corte Inglés sells stake to Qatar Investment Authority Following a challenging period for the retailer, which has suffered during Spain’s economic downturn by being focused on...
30 July 2015
Following DIA’s half year results we look at the strategies the retailer is putting in place to drive growth in the medium term. Half year results paint mixed picture In its first half DIA said that gross sales under banner rose 15.3% to €5.1 billion, driven by a 22.7% rise in sales, to €1.88 billion, in its emerging markets. In Iberia gross sales rose by 9.7%, to €3.23 billion, although th...
17 July 2015
Amazon said that its 20 th anniversary event was bigger than Black Friday in terms of unit sales and plans to run the event again. Sales growth Amazon sold more units on Prime Day than Black Friday 2014, with worldwide order growth 266% higher than the same day last year and 18% up on Black Friday. According to the company, customers ordered 24.4 million items across the markets running th...
16 July 2015
Leading global warehouse club operator Costco has an enviable record of growth, and the current year is proving no exception.  With the end of its fiscal year approaching in August the business is on target to hit a comparable store sales performance of +3%.  But how does this ambitious business aim to sustain the growth that is the hallmark of its success? Here's five platforms we think are key:...
16 July 2015
Carrefour has announced first half and second quarter results for the period ending June. The retailer said that in the quarter sales reached €21.4bn, up 5.5% in total, excluding petrol, while in France they rose by 5.5% and internationally the increase was 5.6%. Meanwhile in its first half Carrefour said sales were up 6.9%, excluding petrol, with growth of 6.3% in France and 7.3% internation...
13 July 2015
As Condis and Unide outline how they have expanded in the first six months of the year and Auchan discusses how it is aiming to drive growth for its Simply banner in the short term, Lidl Spain’s finance director, Ferran Figueras, sets out how the retailer aims to drive revenue growth of 5% in 2015, we round up the news from the country. Lidl sets out strategy to further growth Speaking at a...
06 July 2015
Amazon has announced that it will introduce a day of promotions exclusively for Prime members to mark its 20th anniversary on 15 July. Black Friday in the summer Amazon has compared this newly created event to black Friday, saying that Prime Day will offer even more deals than its November equivalent. The company plans to introduce thousands of lightning deals, six popular Deals of the ...
02 July 2015
We've visited stores in France and Spain to see how the retailer's strategy in-store is changing. Highlighting local On recent visits in France in particular, but also in Spain, we've noticed a real focus on highlighting local products. In Carrefour Market in Annemasse, we witnessed a great celebration of local specialities. In the Lille hypermarket we visited this week that was taken even ...
02 July 2015
As Eroski announces a fall in its annual sales, to January 2015, we review some of the initiatives it is putting in place to drive sales growth in the short term. Eroski: revenue fell 2% in 2014 Eroski said that during 2014 its turnover fell 2% to €6.11 billion, with its performance affected by ‘ unfavourable market conditions ’. The retailer said that sales at Caprabo reached €1.33 billion...