Spain news

15 January 2015
Metro Group has reported strong like-for-like sales growth in its Metro Cash & Carry and Media Saturn divisions in Q1 2014/2015. The growth is partly driven by strong performance of its operations in Russia. Adjusted group sales up 2.6% Metro Group has reported sales of EUR18.3 bn in Q1 2014/15, down by -2.2% compared to the previous year quarter. Adjusted for currency effects and portfoli...
12 January 2015
Euromadi Ibérica and Auchan España have joined forces to promote and manage Auchan's private label brands. Covers 3,500 private labels Euromadi's subsidiary, Desarrollo de Marcas, will manage negotiations for private label for Auchan's Alcampo and Simply stores in Spain. Auchan's central purchasing team has a range of 3,500 private label brands at its disposal, in food, general merchandise,...
08 January 2015
M&S Q3 results for 2014/15 show total group sales fell by 1.6% in the 13 weeks to 27 December 2014. The retailer's results were supported by positive food sales over the Christmas period at +0.1% like-for-like. Record Christmas sales week M&S has made positive progress in its food business over the reported period, revealing total food sales of +2.8%. The key festive week resulted in exc...
07 January 2015
As Unide and Consum discuss their expansion strategies and the benefits of franchising, Eroski invests to automate its logistics platform and Primaprix brings its new discount offer to the market, we round up the news from Spain. Unide grew its store presence during 2014 Unide, the Madrid-based cooperative, has said that during 2014 it opened 42 new stores, which meant that it added 7,150 sq....
02 January 2015
As El Corte Inglés launches its new app and spotlights its warm reception by shoppers, Eroski and Consum highlight the positives of their loyalty schemes and Condis discusses its expansion in 2014, we round up news from the market. El Corte Inglés’s new app finds place on shoppers’ phones El Corte Inglés launched a new app for smartphones and tablets that the retailer said ‘ simulates the a...
19 December 2014
In an interview in El Economista, DIA’s group chief financial officer, Amando Sánchez, has explained how the retailer is aiming to maintain its market share growth in 2015 by focusing on expansion of both its store numbers and product range. Range expansion to include gourmet line Sánchez has said that to help change shoppers’ perception of the chain, it would be focusing on expanding its r...
18 December 2014
The high street value channel has experienced outstanding growth this year. We reflect on the progress of the UK's high street value discounters over the last quarter and how they are setting themselves up for further growth in 2015. Poundworld invests in IT Single-price retailer Poundworld has begun a 10-month investment programme in its IT systems as it prepares to double its es...
11 December 2014
Carrefour is launching a scheme in Belgium which matches prices with Ahold. We look at this and other news on recent price initiatives in some of Carrefour's European markets. Improving price perception in Belgium The price matching scheme is a local initiative, which will see two Carrefour stores pay customers five times the price difference if they find the same product cheaper at the ne...
11 December 2014
As Caprabo highlights the benefits of its store update programme, Covirán restructures and sets out its expansion plans, while research from online store Soysuper shows which retailers have been adding to their ranges during 2014, we round up the news from the market. Caprabo sees sales growth following store updates Caprabo has said that sales growth following its store updates, at 9.5%, h...
11 December 2014
As Costco announces strong Q1 2015 results, we look at how the retailer continues to develop its growth strategy in store expansion, online and through new engagement initiatives to drive traffic. Total sales up 7.4% Costco's net sales were up 7.4% to $26.3bn in Q1. Net income increased by 17% to US$486m for the quarter. Comparable sales, excluding negative impacts from gasoline deflation a...