Retail - Spain

El Corte Inglés Group Sees 28% Growth In Annual Net Profit

Spanish retail giant El Corte Inglés has posted 28% growth in net profit, to €258.2 million, for its financial year ended 28 February 2019...

Araven Hits One-Million Sales Mark For Its Recycled ShopRoll Baskets

Araven, a leading manufacturer of shopping carts and baskets, has reached the one-million sales mark with one of its flagship products – ShopRoll bas...

Portugal's Sonae Wins Battle To Operate Continente Brand In Spain

Portuguese retailer Sonae has won a legal battle with retail giant Carrefour regarding the use of the Continente brand in Spain, following a ruling by the...

Spain's Coviran Sees Sales Up 5% In Full-Year 2018

Spanish cooperative and supermarket chain Coviran has reported gross sales of €1.37 billion in 2018, representing annual growth of 5.6%. Of the tot...

Spain's DIA To Pursue Debt Refinancing Deal After It Misses Deadline

Spanish retailer DIA said on Monday its main shareholder will seek a deal on how to restructure the discount supermarket chain's towering debt after missin...

Spain's Eroski Eyes Investment In Store Refurbishments After Debt Reduction

Spanish retailer Eroski has said that it is planning to 'transform' its retail network, as well as bolster its healthy eating and sustainability credential...

Former Lidl CEO Holland To Head Up Spain's DIA

Karl-Heinz Holland, the former chief executive of Lidl, has been appointed CEO of Spanish retailer DIA, following a restructuring of the group's board of d...