Spain news

04 June 2013
Sales at Spanish retailer El Árbol were up 1.5% in 2012, but EBITDA was down 0.9%. Good result given economic context CEO Juan Pascual, in his foreword to the annual report, said this was a good result given the economic conditions and unemployment levels in Spain . Refurbishment was main focus of year  The retailer ended the year with 421 supermarkets and 31 cash & carries . Only...
31 May 2013
DIA's commercial director Luis Martínez, speaking at a conference in Spain, has said the discounter will intensify its focus on the DIA Fresh fascia next year, as well as developing the Schlecker business. Working to launch new formats DIA will increase the openings of DIA Market, DIA Fresh and DIA Maxi in 2014. Stores which have already been transformed to the Market and Maxi formats ha...
29 May 2013
Carrefour is opening its first store in a traditional Spanish market today, in Sant Martí de Provençals, Barcelona. Catalan products will play a major role in the range The majority (95%) of the assortment in the 1,200 sq m, energy efficient  Carrefour Market store will be grocery products and health & beauty. There will be a strong focus on Catalan products, both fresh and packaged,...
29 May 2013
The co-operative retailer Consum is revising its expansion plans in Cataluña, Spain, increasing the level of investment and constructing a larger distribution centre than it had previously planned. Doubling size of planned distribution centre Only a few weeks ago Consum said it would construct a 40,000 sq m distribution centre in El Prat de Llobregat, Barcelona, in which it would invest ...
28 May 2013
Caprabo has reported a 4.5% fall in sales for 2012, to €1,418m, mainly influenced by the contraction in consumption. Cataluña worst hit by fall in consumption Caprabo said its main strategic market, Cataluña, was particularly badly hit. Consumption in the community fell by 3.5% compared to 2.4% in Spain overall.  Price investment hits profits Operating profit was flat compared to pr...
22 May 2013
SPAR International has reported worldwide retail sales up 2.8% in 2012, and revealed its new strategy: "Growing our future together." International expansion has always been a strategic goal SPAR's new strategy builds on its long-term objectives. It sets out the strategic objectives for 2013-2015 under three broad headings: Growing our partners - Developing a multi-format presenc...
22 May 2013
During its annual results presentation, Eroski has announced that it will cut prices on up to 3,000 products in the month of June, across all store formats.  Weak consumption a factor in reported loss for 2012 Eroski reported net sales down 5.3% in like-for-like terms in 2012, and a loss of €121m. It attributed the loss to weak consumer consumption, a stagnant real estate market - whic...
21 May 2013
Carrefour's hybrid hypermarket/cash & carry format - Supeco Cash de la Familia - is reportedly set to open its doors in Madrid for the first time, in the next few days. Store used to be a Carrefour Market The 1,581 sq m outlet is on the site of a former Carrefour Market store in the suburb of Parla, which is located to the south-west of Madrid, around 20km from the capital itself. As wi...
07 May 2013
DIA has reported gross sales up 1.8% and net sales up 0.4%, in euro terms, for the first quarter of 2013.  The growth rate in euros was hit by depreciation in the Argentinean and Brazilian currencies, a very negative calendar effect in all markets, and bad weather in Iberia.  Spain outperforms Portugal, France still challenging Net sales in Iberia were up 0.5% and like-for-like gross sale...
02 May 2013
Spanish co-operative retailer Consum increased turnover by 0.6% in 2012, but profits were down 9.8%.  Investment in logistics, price and stores Consum attributed the results to significant efforts to adjust prices, invest in expansion and maintain competitiveness in a difficult economic context. The co-operative invested almost €83m in 2012. This went towards store openings (30), and renova...