DIA news

22 June 2016
From a recent deep dive session in Argentina, we share some of our key take-outs. 1. The economy remains tough, but there's more longer term optimism The climate for many shoppers continues to be difficult, and the key economic numbers remain negative rather than positive. But under recently (2015) appointed President Macri there's more positivity around future prospects, which gives u...
20 May 2016
In the second of our two part series, we look at how leading retailers are targeting convenience and proximity growth in Latin America.  Following our focus last week on leading supermarket retailers, this week we focus on the evolution and expansion of value-focused proximity formats. Value and proximity - the best of both worlds? Tougher economic times have made shoppers across Latin Am...
13 May 2016
As DIA announces first quarter results, Eroski expands and spotlights its ‘ Contigo ’ format and Caprabo trials a click and collect service for grocery ranges, we round up news from the country. DIA sees positive start to 2016 DIA, at a corporate level, saw gross sales fall 3.9%, including foreign exchange effects, to reach €2.4bn, with total sales rising by 2.0% in its Iberia-based operati...
11 May 2016
As El Corte Inglés starts selling its private label products in the UK through Tesco, DIA and Condis announce new online developments and Consum and Gadisa publish strong 2015 results, we round up news from the country. El Corte Inglés to sell private label ranges in UK El Corte Inglés has started selling its private label ranges in the UK through Tesco. Tesco will begin stocking 48 produ...
11 May 2016
As Jerónimo Martins reveals a strong performance in its first quarter and its Recheio chain launches online, Continente expands its online presence and SPAR acquires 12 stores, we round up news from the country. Jerónimo Martins sustains positive growth in Q1 Jerónimo Martins reported its Q1 results saying consolidated sales rose 5.9%, in Euro terms, to €3.38 bn, with a good performance in...
25 April 2016
As Eroski’s president discusses the retailer’s likely return to profit in 2016, Caprabo discusses expanding through franchising, DIA extends the reach of its online store and Lidl discusses its strong results in 2015, we round up news from Spain. Lidl continues fast paced sales growth… Underlining how the retailer continues to win in the market, Lidl has said it grew sales by 12.5% in 2015 ...
07 April 2016
As Covirán announces its 2015 full year results and its chief executive discusses his outlook for the market, DIA extends the coverage of its online store to new cities and Condis discusses its franchising strategy, we round up news from the country. DIA extends reach of online channel… After recently expanding the coverage of its online store to further cities, DIA has said it has lau...
02 March 2016
Spain-based DIA has implemented new strategies to drive sales growth in Spain and Portugal. Extends reach of online store in Spain DIA has expanded the reach of its online store, adding a number of cities to the service. Palma de Mallorca was the first to benefit from the extension, with this followed by Cadiz, Cordoba and Sevilla. The service has already been launched in Madrid, Barcelona ...
24 February 2016
Spain-based DIA has announced Q4 and full year 2015 results, with gross sales under banners rising by 5.1%, at constant exchange rates, in the fourth quarter, to €2.7 bn, and by 12.2% in the full year, to €10.5bn. The results were driven by improvements in like-for-like sales at its operations in Spain and Portugal, the acquisition of Eroski stores and El Arbol and the continued strong performanc...
12 February 2016
As Jerónimo Martins is said to be investigating online opportunities for its Recheio banner, Intermarché says it is aiming to add 60 stores by 2020 and DIA launches a new fascia, ‘Minipreço Family’, we round up news from the market. Intermarché sets out expansion plans to 2020 Intermarché has set out plans to open 60 stores in Portugal by 2020, with 10 new hypermarkets set to be added in ...