Spanish Retail

Eroski Outlines Strategic Plan For Next Five Years

Spanish supermarket chain Eroski has outlined its strategic plan for the next five years at the retailer's Ordinary General Assembly this week. The...

Mercadona Sees 6% Sales Increase After Record Investment

Spanish retailer Mercadona saw turnover grow by 6% to €22.9 billion last year, with like-for-like sales also rising by 6%. Net profit decreased by...

Coviran Sees 6% Sales Growth, Plans Morocco Launch

Spanish cooperative retailer and distributor Covirán ended 2017 with 6.3% annual sales growth, as revenues rose to €1.34 billion. Of this to...

Spanish Grocery Sales Up 1.3% In 2017, With Mercadona Taking Top Spot

Spanish grocery sales were up by 1.3% in 2017, driven by increased volumes, according to the latest report from Kantar Worldpanel. The average Spanish h...

Rising Competition From Mercadona Threatens Spanish Retailers: Moody's

Last week, Spanish retailer DIA reported that it achieved sales of over €10 billion in 2017, boosted by double-digit growth in its South American busi...

DIA Posts Sales Of Over €10 Billion Despite Domestic Declines

Spanish retailer DIA has posted gross sales of €10.3 billion in 2017, representing an increase of 1.5% compared to the previous year. The company s...

Eroski Launches Fixed-Discount Loyalty Programme

Spanish retailer Eroski has launched a new 'gold card', which offers customers a 4% discount on all purchases, for a monthly subscription fee. For &euro...

Eroski Extends Franchise Network With 55 Openings In 2017

Spanish retailer Eroski saw sales in its franchise network grow by 7% last year, with partners opening 55 new stores across the country in 2017. These o...