Spain news

12 May 2014
Spain-based Eroski has announced, in separate statements, that it is continuing to expand its ‘with you’ store format and the number of items it carries in its online store. ‘With you’ format opens in Orio The retailer said that it had invested €1.6 million in its store in Orio, in the Guipúzcoa province, bringing its ‘with you’ format to the area for the first time. The store, which operates...
08 May 2014
The single-price point retailer has revealed full year sales of almost £1bn for 2013/14. S ales near £1bn mark In its full year update, Poundland has revealed it achieved sales of £997.8m in the year to 30th March, an increase of 13.3% on the previous year. While the value retailer will disclose its full audited results on 3rd July, it is said to have delivered 'a good underlying profit ...
08 May 2014
DIA has reported a fall of 2.1% in gross sales under banner for Q1 2014 (+9.5% in local currency), and confirmed that it has begun a process to sell its operations in France. Divesting France to focus on core markets DIA's French stores have been struggling for some time and Mr Currás said divestment was in the best interests of shareholders, employees and franchisees, allowing the retailer ...
06 May 2014
Recent news from Carrefour: expansion in Spain, extending reach of Carrefour products to the UK, and profit in Turkey. Supeco expanding in Madrid Discount cash & carry format Supeco has opened its first store of the year. The outlet in Alcalá de Henares, Madrid, is 1,600 sq m and opens Monday to Saturday 09:00 - 22:00. This is Supeco's second outlet in Madrid, and takes its overall number ...
14 April 2014
Discounter Aldi, currently present in 17 international markets, has got the green light to open a store on the Balearic island of Mallorca, in Spain. Store to open in Raiguer region While Aldi has been present in mainland Spain since 2002, up until now there have been no stores on the Balearic Islands. However, the Balearic regional government has recently given the discounter permission ...
10 April 2014
Carrefour has reported consolidated sales up 3.7% on an organic basis for the first quarter of 2014, with a "good performance" in France and Spain. Organic growth in emerging markets was +10.5%. Ongoing improvements in France and Spain First quarter sales faced what Carrefour called a "significant -7.4% impact" from a combination of a currency effect (-5.3%), later Easter (01.3%) and a fall...
10 April 2014
Spain-based El Corte Ingles has announced that it is going to cut prices on a further 3,000 products, adding to the cuts it has made to prices on 5,000 items previously. Existing price cuts have proved successful El Corte Ingles said that the price cuts it carried out on 3,000 products in 2013 have boosted sales by 4% in value terms and by 12% in volume terms. This positive uplift to sales ha...
09 April 2014
Speaking at an event to celebrate the company’s 20th anniversary in the country, Lidl Spain’s chief financial officer, Ferran Figeruas, said that the retailer had the potential to operate 800 stores in Spain. Expansion to continue Figeruas said that Lidl was pleased with its results in 2013, having broken through the €2.5 billion sales mark in the year, a performance that encourages the retai...
13 March 2014
El Corte Ingles discusses its Opencor banner and expanding its online operations, while e-commerce competition comes from Amazon, Dia and Eroski. El Corte Inglés to rebrand Opencor stores in Catalonia Local newspaper Expansion has reported that El Corte Inglés is going to phase out its Opencor convenience store banner in Catalonia, which will see it close 17 and rebrand 21 more to its Superco...
13 March 2014
Spain-based DIA, at its 2014 Investor Day, raised a number of positives it sees for its operations in the medium term, with a particular focus on the expansion of its health and beauty banner Clarel. Clarel conversion has performed well In the presentation DIA’s commercial director, Juan Cubillo, discussed the evolution of the brand ‘From Schlecker to Clarel’. Since the acquisition of Schleck...