Retail - Spain

Spain's DIA Group Names New Finance Chief

Spanish retailer DIA Group has announced the appointment of Jesús Soto Cantero as its new chief financial officer. He will be responsible for pro...

'Strong And Stable Capital' Foundations Set To Boost Spain's DIA

The executive chairman of Spanish retailer DIA, Stephan DuCharme, has said that a newly-agreed capital structure will provide "strong and stable capit...

Spain's Repsol Cuts Dividend, Ups Low-Carbon Share Of Spending

Spanish fuel business and forecourt retailer Repsol plans to cut its shareholder payouts and channel more funds to its lower-carbon business over the next...

Promotion Levels On The Increase Across Europe, Nielsen Study Finds

The share of goods sold on promotion across Europe's grocery stores reached 18.2% in the four weeks to 4 October, its highest level this year, a new study...

Spain's DIA Continues To See Recovery, With Like-For-Like Sales Up 6.3%

Spanish retailer DIA has posted like-for-like sales of 6.3% in the third quarter of its financial year, as it continues its recovery process. The retail...

Retailer Coviran Increases Market Share In Portugal

Spanish supermarket chain Coviran has increased its market share in Portugal, as it seeks to gain a foothold in the small supermarket category. As of th...

Spain's DIA Continues Transformation, As Like-For-Like Sales Rise

Spanish retailer DIA has posted a 7.6% increase in like-for-like sales in its home market in the third quarter, as its business transformation continues....

Mercadona To End Year With 20 Stores In Portugal

Mercadona plans to open four more supermarkets in Portugal between now and the end of December, taking its store total in the country to 20. Despite the...