Spain news

27 November 2014
Arnaud Mulliez, CEO of Auchan France, resigns after 11 years, effective end of 2014. We also look at other recent developments for Auchan in Spain and Asia. Strategy for 2020 remains in place The French business has had a difficult time of late, with reports saying most recent results ( first nine months of 2014 ) have revealed a fall in turnover and profit below expectations. However, comm...
27 November 2014
Poundland has reported strong H1 figures for the 26 weeks ended 28 September 2014, with like-for-like sales up 4.7%. Total sales up 15% Single price point retailer Poundland has enjoyed a solid performance in the first half of the year with double-digit sales growth of +15% taking turnover to £528.2m. Fuelling the high street retailer's success is its robust store opening plan, which has ...
24 November 2014
As Carrefour announces another acquisition in Italy, we look at other recent moves to strengthen its business in western and central Europe. Building a convenience presence in Italy Carrefour is acquiring 16 stores from Il Centro in the provinces of Florence and Arezzo, and one store in La Spezia. The stores (totalling over 4,000 sq. m of sales area) will be rebranded to Carrefour Express ...
14 November 2014
As Condis announces plans to double sales in the next five years, Mercadona is rolling out contact payment solutions and DIA begins to add its private label brands at El Árbol, we round-up news from the market. Condis aiming to double sales in five years Speaking at the recent Aecoc Congress event, Condis’s chief executive, Enric Ezquerra has said that the retailer is aiming to double its sal...
05 November 2014
Spain-based DIA has announced that it will acquire 160 stores from Eroski, with the majority – 108 – of them in the region of Madrid, for €146 million. The purchase marks DIA’s second large-scale acquisition in 2014, after buying the El Árbol chain, and casts the retailer as a consolidating force in the fragmented Spanish grocery market. Purchase of Eroski stores part of wider strategy Speaki...
30 October 2014
As convenience continues to gain popularity in Western Europe we explore five key strategies driving growth and helping retailers create a point of difference. Focusing on Fresh Fresh remains a key area of focus for convenience retailers as customers continue to favour shopping little and often. Convenience operators are stepping up to this challenge, increasing their range and looking fo...
30 October 2014
Auchan's turnover in France has fallen by 2.5% in the first nine months of 2014, according to local news reports, while in Spain the retailer is optimistic about full year results. Follows difficult first half in France Profits for the period are also below expectations, said French trade publication Linéaires. Auchan reported a 1.9% fall in consolidated revenue for France in the first half,...
30 October 2014
Aldi is changing. Last week we looked at how its in-store proposition is evolving. This week we look at how both Aldi Nord and Aldi Süd are changing the way they engage with shoppers beyond the store, as both add greater depth to the Aldi brand. From discounter to 'supermercado' As part of the relaunch of its website, Aldi Nord has adopted a distinct and new positioning as a 'supermercado'....
27 October 2014
Spain-based DIA has announced third quarter results saying net sales rose 0.3% to €2.0 billion, although without the effects of foreign exchange, sales rose by 7.2% in local currency terms. The retailer said that flat sales growth had been generated despite ‘ a very deflationary environment, with deflation being especially high in some key categories for DIA ’. DIA continues to grow share in m...
24 October 2014
Auchan and Metro Group have announced they are entering into an international purchasing partnership. The facts The partnership covers two key areas: An international co-operation agreement to enable joint negotiations on specific services for the largest international branded suppliers operating in highly concentrated markets. This will be effective from November 2014 for negotiatio...