• Argentinian retailer La Martina has 32 stores in South America

    Comment: UK retailers can find success trading overseas


    For the past four weeks I’ve travelled around the world: Hong Kong, Australia and the Americas, South and North.

  • News

    German wholesale group Conway purchases Grupoil


    German wholesale group Lekkerland-owned convenience chain Conway has taken over Spanish wholesaler Grupoil. The acquisition is in line with a strategy of strengthening Lekkerland’s traditional core business. The purchase will enable Lekkerland to further establish itself in the Spanish convenience sector.

  • News

    Darty to close loss-making Spanish stores


    Darty is closing its stores in Spain. The retailer is cutting off the loss-making arm as it plans to focus on its more successful stores in France, Belgium and the Netherlands. All 43 Spanish stores will be closed by June at an estimated cost of E30m (£25.5m).

  • Inditex to grow in existing markets, as well as developing its online business

    International analysis: Inditex wise to focus on existing markets


    Inditex president Pablo Isla revealed last week that it will not be expanding internationally at the same pace as in recent years.

  • News

    Gross sales rise at grocer Mercadona


    Mercadona’s gross sales rose 7% to E17.8bn (£15.55bn) in 2012. Net income also increased 7% to E508m (£443.7m). The grocer invested E650m (£567.7m) to open 60 stores and hired 4,000 employees during the year, giving it a total staff count of 74,000. Mercadona is reportedly postponing global expansion.

  • Zara’s Spanish in-house design team allows for catwalk trends to be available in-store in a matter of weeks

    Oracle Retail Week Awards: Fashion giant Zara powers ahead globally


    Zara’s success story is phenomenal - its global reach, supply chain and product are the envy of many rival retailers. Nick Hughes explains why it won Wipro Technologies International Retailer of the Year.

  • News

    Schwarz Group ramps up Spanish investment


    Germany-based Schwarz Group is ramping up its operations in Spain and has earmarked a sum of E120m (£103.6m)for investments in its Spanish Lidl network this year. That is 20% more than last year, when the retailer opened 14 stores and remodelled another 65 in Spain.

  • News

    Eroski set to restructure debt


    Grocery retailer Eroski has reached an agreement with a group of 22 banks to restructure its debt, postponing to January 2017 the maturity of loans worth e2.1bn (£1.76bn). The new accord will allow Eroski to consolidate its long-term financial position, ensuring stability for the development of future projects.

  • News

    Carrefour to relaunch Carrefour Baby range


    French retailer Carrefour is to relaunch its Carrefour Baby private-label range in Spain. At present the retailer offers 37 SKUs in baby food and 21 infant hygiene items. The initiative is likely to be a reaction to Spanish supermarket operator Mercadona, which has recorded strong growth in the category.

  • News

    Inditex posts net sales increase


    Fashion retailer Inditex has posted a net sales rise of 17% to E11.36bn (£9.23bn) for the nine months ended October 31. The addition of stores in emerging markets and the expansion of the online business boosted sales. Group net profit rose 27% to E1.66bn (£1.35bn), aided by new stores. The ...