Spain news

06 February 2015
As part of a presentation to the ‘XXI Santander Iberian Conference’, DIA’s chief corporate officer, Amando Sánchez Falcón, has said that the retailer expects results to improve in 2015, aided by an improvement in the local economy, but driven by the continued implementation of its focused ‘ price and proximity ’ multichannel strategy. We highlight four of the key takeaways from the presentatio...
06 February 2015
Poundland has announced that, subject to regulatory approval, it is to acquire 99p Stores' 250 store business for GB£55 million (US$83.8 million). An important step forward for Poundland The Poundland business has gone from strength to strength over recent years, with a hugely impressive track record of double-digit growth. The business has delivered this while maintaining solid profitability...
04 February 2015
As El Corte Ingles announces strong online growth over the Christmas period, Eroski discusses the success of the relaunch of its loyalty programme and SPAR adds a new partner, we round up news from the market. Eroski enjoys strong expansion of loyalty programme membership Eroski has said that in the three months following the relaunch of its ‘Eroski Club’ loyalty programme, it has grown mem...
04 February 2015
Leclerc has reported a 1.4% increase in group turnover for 2014, and a 1.8% increase in France (both excluding fuel), proof - it says - that the evolution towards a multichannel strategy is correct. Multichannel strategy is right direction says group president Michel-Edouard Leclerc said consumers' changing behaviour confirmed the retailer's decision to evolve towards multichannel. One of ...
21 January 2015
Poundland has revealed robust Q3 figures for the 13 weeks to 28 December 2014, during which it saw record Christmas trading. Q3 sales up 9.8% During Poundland's third quarter, total revenue, excluding Spain, on an actual currency basis was £328.4m, up 9.8% on the previous year (+10.2% on a constant currency basis). Poundland increased its revenue in the quarter by £29.3m, with good growt...
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...