Retail - Spain

Former Lidl CEO Holland Steps Down From DIA Board

Spanish retailer DIA has announced that Karl-Heinz Holland and Sergio Antonio Ferreira Dias have stepped down from its board of directors. Both Holland...

Spain's DIA In 'Advanced Conversations' To Refinance Bank Debt

Spanish retail group DIA has said that it has entered into a standby underwriting commitment with Morgan Stanley & Co. International plc, for an am...

Supermarket Group Dia Drops Out Of Spain's Blue-Chip Index

Spanish supermarket chain Dia on Monday dropped out of Spain's blue-chip stock market index, the latest hit to the company that is facing a shrinking marke...

Spanish Retailer DIA Names New Senior Staff

Spanish supermarket group DIA has announced a string of new senior hires in a bid to turn the business around. The retailer's market share in...

Mercadona To Open First Store In Portugal Next July

Spanish retailer Mercadona is to open its first supermarket in Portugal in July of next year, the company has confirmed. Speaking to Dinheiro Vivo, the...

Moody's Downgrades Spanish Retailer DIA

Ratings agency Moody's has announced it has downgraded the long-term corporate family rating (CFR) of Spanish retailer DIA from B2 to Ba2. Moody's has a...