DIA news

22 April 2013
DIA has announced the sale of its Turkish business to Yildiz Holding and SOK Marketler Ticaret, for some €136.5m. DIA had been considering future of Turkish business for some time DIA announced, in October 2012, that it was reassessing its options in  Turkey . At its results announcement in February this year, the retailer reported a difficult year due to the tough competitive environment...
14 March 2013
Spanish discounter DIA has launched its loyalty programme, ClubDIA, in China today. Will be in all Shanghai stores by end June DIA began testing its loyalty scheme in selected Shanghai stores in December 2012.  ClubDIA will be gradually rolled out to all stores in the city by the end of June.  Customers can find out more at www.diatiantian.com .  Key features of the scheme The pr...
21 February 2013
DIA has reported net sales growth of 4.1% for 2012 (+5.2% excluding currency effect), and adjusted EBITDA growth of 8.6% (+9.4% ex. currency effect) Tough comparatives in Q4 Net sales growth in the fourth quarter was 2.4% (+4.4% ex. currency effect).  A tough comparison in Q4 2011, weak business conditions in Turkey and depreciation in the Brazilian and Argentine currencies meant a lower...
05 February 2013
The Argentine government has reached an agreement with the country's largest retailers to freeze prices for two months.  Freeze to last until 1 April Members of the United Supermarkets Association (ASU) have agreed to keep prices unchanged until 1 April, following a meeting with Argentina's domestic trade secretary, Guillermo Moreno.  The agreement has been backdated to take effect as o...