DIA news

Strong words from Antonio Coto, DIA’s new CEO led its results presentation, "DIA is facing its toughest test since being listed in 2011". There is a sense of urgency in the company to turn around falling sales and DIA hopes to achieve this through numerous operational changes across all markets. The numbers for 9M 2018 Gross sales were down 9% to €6,557M, driven by a 2.5% decline in gross s...

Spain-based DIA Group has made a series of changes to its organisational structure as part of its transformational process. The changes are effective as of 17 October 2018. This comes after a profit warning was issued by the company, and after it lowered its results estimates for 2018. New executive committee created As part of DIA’s transformational process, a new executive management team...

Eroski increases its private label range in fresh, DIA acquires stores in Argentina, and Amazon raises its prime membership fee. Linking sustainability, healthy diets and private label The EROSKI Natur private label has been expanded to over 500 items. Fruit, vegetables, meat, fish and eggs are all included in the range. It boasts certified, local and sustainable values, and is being expa...

Spain-based discounter DIA has announced it has joined the Horizon International Services alliance. DIA is the fourth member of the alliance alongside Auchan, Casino and Metro. Membership aimed at improving competitiveness Announcing its membership of Horizon International Services, DIA said it was aimed at ‘ improving competitiveness with the major manufacturers’ brand suppliers and provid...

Spain-based discounter DIA has appointed Antonio Coto. Coto replaces Ricardo Curras, who has been CEO for over 10 years, with the change taking effect immediately. Coto: 30 years with DIA Antonio Coto has been with DIA for over 30 years and was part of the team that launched the retailer’s operations in Argentina and Brazil. Announcing the appointment, Ana María LLopis, the chairwoman of th...

Spain-based DIA completes the deal to sell its Chinese businesses, whilst Carrefour and Pingo Doce introduce recycling initiatives into their stores. DIA completes the deal DIA’s agreement with NanjingSuning.com , part of the Chinese group Suning, began on April 3 2018 and has been announced as completed by the retailer. 100% of its entities will be transferred, marking DIA’s exit from...

In H1 2018, DIA announced gross sales of €4.6bn, an increase of 1.4% in local currency terms compared to H1 2017. On a global level, net sales fell by 10.3% to €3.8bn, affected by currency rates in relation to its operations in Latin America. Like-for-like sales increased by 1.8% globally and by 0.3% in Spain. Online sales increase Online sales in Spain in H1 2018 were €39m, a 48% increase ...

Spain-based Eroski has launched a new mobile payment app, Eroski Club Pay. Club cardholders only Source: Eroski Eroski club members can use the app to pay quickly and easily in-store. Eroski said more than 250,000 members have downloaded the app since its launch. For now, the app is only available on Android, and members must download it from the g...

Spain-based DIA has posted net sales of €1,877.6m in Q1 18, a 1.1% fall excluding foreign exchange rates (ex-FX) from Q1 2017. Gross sales under banner were broadly flat ex-FX, growing by 0.2%, to reach €2,270.0m. The numbers Gross sales in Iberia were €1,502.1m, down 4.3% from Q1 2017. DIA said a 3% space reduction and 1% negative calendar effect contributed to this. Iberian like-for-lik...

Spain-based DIA and Eroski have announced the ending of their joint purchasing agreement, which had led to the formation of the separate entity, Red Libra Trading Services. Companies’ agreement expires DIA and Eroski said in press release that ‘ the agreement that led to the creation of Red Libra Trading Services, S.L. has expired ’. Red Libra was established by the two retailers to negotia...