DIA news

Spain-based discounter DIA has said its gross sales under banner rose 12% at constant currencies, to €5.0 bn, and had enjoyed an ‘ improving sales trend in Q2 2016 in every country ’. Underlining the strength of its success in Q2 DIA said like-for-like sales rose 9.7%, excluding calendar effects, in the three months, above the 7.0% seen in Q1. Strong recovery in Iberian operations In Spain an...

As Eroski and Condis discuss expansion plans, DIA says it is aiming to complete the rebranding of El Árbol stores by the end of 2017 and Covirán expands its premium private label range, we round up news from Spain. DIA to rebrand 50% of El Árbol stores by end of 2016 DIA has invested €14m in 2016 to rebrand 85 El Árbol stores to its La Plaza de DIA banner, a neighbourhood supermarket that s...

DIA is a significant player in the value and proximity space in Argentina and Brazil. Both have been important growth markets for the retailer, which now takes a third of group sales through its Latin American operations. Argentina in particular has emerged recently as a key growth driver for the group, and DIA is one of the fastest growing retailers in the market. Here we explore some of ...

As Ahorramás announces its strong sales growth in 2015, El Corte Inglés expands its private label range at Hipercor and its online offer through its eponymous department stores and Carrefour extends its own ecommerce offer, we round up news from Spain. El Corte Inglés expands private label, grows online scale El Corte Inglés will expand its premium private label range at its Hipercor store...

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...

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...

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...

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...

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...

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 ...