Mercadona’s gross sales rose 8.2% to E17.8bn (£14.98bn) in 2011 over 2010. Net income increased 19% to E474m (£398.8m).
The retailer invested approximately E540m (£454m) in opening a total of 46 new stores and hired 6,500 new employees in 2011, bringing the total to 70,000. Mercadona said it is ready to start international expansion this year and is considering options in Portugal, Italy, France and Belgium.
2018-12-17T07:01:00Z
Toy specialist The Entertainer has acquired Spanish counterpart Poly, which has 57 toy shops in its home country.
2018-07-31T09:14:00Z
Disney is launching an ecommerce platform across five European markets as part of a drive to appeal to shoppers beyond its “traditional and expected” customer base.
2018-05-15T05:00:00ZPromotional research for Exporting is Great, by Jade O'Donoghue
Some 20% of Spanish consumers are shopping on their mobile every day, highlighting the opportunity for UK retailers to engage with the country's digitally savvy shoppers.
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2019-06-27T06:00:00Z
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
2019-05-17T13:59:00Z
The best of global retail was celebrated last night at the World Retail Awards, held at the World Retail Congress in Amsterdam.
2019-05-08T06:44:00Z
Chinese etail titan Alibaba is overhauling its business model in order to better compete with Amazon on a global scale.
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