Spain

  • Carphone Warehouse
    News

    Best Buy Europe to sell off Belgian Phone House

    2011-04-21T00:00:00Z

    Best Buy Europe, the joint venture between Carphone Warehouse and US electricals group Best Buy, is to sell its Belgian retail business.

  • News

    Mercadona gross sales up 6.3% to £341m

    2011-03-22T09:22:00Z

    Grocer Mercadona has reported gross sales of E16.5bn (£14.2bn) for the 2010 fiscal year, up 6.3% from last year. Net income was E398m (£341m), a 47% increase compared with 2009. The company invested about E600m (£515m), opening a net total of 46 stores. Mercadona reduced prices by an average of ...

  • Imaginarium
    Photo gallery

    Imaginarium, Madrid

    2011-01-07T00:00:00Z

    A new 9,700 sq ft toy shop set over two floors may be of passing interest, but will probably not be worth writing home about. When it is a new format and a flagship rolled into one, it is rather more noteworthy and Spanish retailer Imaginarium’s flagship in Madrid’s Salamanca district, is more or

  • News

    Eroski launches private label economy food range

    2010-10-21T18:50:00Z

    Grocery retailer Eroski has launched a new private label economy food range called Eroski Basic. Consisting of 200 food items, this new private label is similar to Carrefour Discount and El Corte Inglés’ Aliada ranges. Eroski Basic will be sold at all its grocery fascias except the Aliprox franchised ...

  • News

    Amazon acquires Spanish ecommerce company BuyVIP for £61.4m

    2010-10-14T18:08:00Z

    Amazon has announced it has completed the acquisition of the Spanish ecommerce company BuyVIP for about €70m (£61.4m). BuyVip offers overstock items from brands such as Dolce Gabbana, Louis Vuitton and Levi’s at steep discounts. The company doesn’t buy the stock itself but acts as a broker ...

  • News

    Eroski posts decrease in turnover to £3.1bn

    2010-10-07T12:58:00Z

    Eroski has posted a 1.05% decrease in turnover to €3.7bn (£3.1bn) for the first half ended July 31. Pre-tax loss for the period decreased 50% to €34m (£28m). The supermarket chain managed to cut its debts to €265m (£220m) and to keep its competitive position in the market via a ...

  • News

    Carrefour to refurbish Italian and Spanish hypermarkets to Carrefour Planet next year

    2010-09-30T20:26:00Z

    Carrefour will begin refurbishing its Italian and Spanish hypermarkets to its new Carrefour Planet concept during 2011. In Spain, 75 of its 164 hypermarkets will be converted. The remaining 89 stores will receive a lower specification upgrade. In Italy, 23 of Carrefour’s 53 hypermarkets will be converted to Carrefour Planet ...

  • News

    Mercadona to invest in new supermarkets

    2010-07-14T17:44:00Z

    Supermarket chain Mercadona will invest €51m (£42.8m) in the opening of between 17 and 20 new supermarkets in the Balearic Islands over the next five years, according to external relations director Juan Antonio German. Mercadona will open 10 stores in Mallorca, three in Menorca and another four in Ibiza. The ...

  • News

    Eroski sales down 6%

    2010-05-26T16:44:00Z

    Spanish grocer Eroski reported a 6% decrease in gross sales during 2009 to €8.43bn (£7.6bn) as the retailer’s price cuts amid weak consumer confidence weighed on sales. The retailer also reported a net loss of €69m (£62m), a drop of 29% on last year, as Eroski’s results continued to be ...

  • News

    Ikea seeks 12 new stores in Spain

    2010-05-07T00:00:00Z

    Ikea will open its first store in the northern region of Galicia in July. The furniture and furnishings retailer has invested e60m (£52m) in the store on a 323,000 sq ft site and it will create 400 jobs. The Spanish press has reported that Ikea wants to open 12 ...