All Spain articles – Page 5

  • Vinçon, Barcelona
    Photo gallery

    Store gallery: Vinçon in Barcelona puts product centre stage

    2013-11-11T10:23:00Z

    It is frequently remarked that the best shopfitting and visual merchandising is that which doesn’t overwhelm the product that it is meant to show.

  • Primark owner raises profit forecasts after strong finish
    News

    Primark owner raises profit forecasts after strong summer

    2013-09-09T07:44:00Z

    Primark owner Associated British Foods (ABF) has raised its second-half profit expectations after strong summer sales at the fashion retailer.

  • Argentinian retailer La Martina has 32 stores in South America
    Opinion

    Comment: UK retailers can find success trading overseas

    2013-05-16T07:00:00Z

    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

    2013-04-19T07:00:00Z

    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

    2013-04-12T07:00:00Z

    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
    Analysis

    International analysis: Inditex wise to focus on existing markets

    2013-03-22T07:00:00Z

    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

    2013-03-15T07:00:00Z

    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
    Analysis

    Oracle Retail Week Awards: Fashion giant Zara powers ahead globally

    2013-03-15T07:00:00Z

    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

    2013-03-06T07:00:00Z

    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

    2013-01-25T07:00:00Z

    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

    2013-01-11T07:00:00Z

    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

    2012-12-20T07:00:00Z

    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 ...

  • News

    French grocer Leclerc reveals plans for growth in Spain

    2012-11-09T07:00:00Z

    French grocer Leclerc has revealed plans to accelerate growth in Spain, beginning by launching a price comparison website, Buscaelmasbarato.com, in Madrid. The site enables shoppers to compare prices between Leclerc and the region’s largest grocers, including Carrefour and Dia Maxi. It will be extended to other regions and comparison sites ...

  • News

    Dia to take over troubled German drugstore chain Schlecker

    2012-10-03T07:00:00Z

    Dia is taking over the Spanish division of troubled German drugstore chain Schlecker for e70.5m (£55.9m). The deal includes 1,127 outlets in Spain and 41 stores in Portugal, as well as four distribution centres, three in Spain and one in Portugal. Dia will also retain the 4,000 former Schlecker employees. ...

  • News

    Media Markt launches Spanish transactional website

    2012-09-05T07:00:00Z

    Electronics retailer Media Markt, owned by Metro, has launched its transactional website in the Spain. The website offers more than 3,500 items. The retailer plans to expand that to more than 100,000 over the next two years. At present the website is only operated in Germany, Austria and the Netherlands. ...

  • News

    Discount retailer Dia reports gross sales growth

    2012-08-09T07:00:00Z

    Discount retailer Dia’s gross sales rose 6.9% in the first half of 2012, to E5.75 billion (£4.57bn). The retailer’s adjusted EBITDA reached E261m (£207.6m), up 5.2% on the same period last year. The performance was driven by the operations in Iberia as well as in Argentina and Brazil. Despite a ...

  • News

    El Corte Inglés to join buying group AMS Sourcing

    2012-08-09T07:00:00Z

    El Corte Inglés will join buying group AMS Sourcing from next January. Its inclusion will give AMS 14 retail members including Ahold, Delhaize Group, Esselunga, Jerónimo Martins and Morrisons in 28 European countries and with combined annual retail sales of approximately E130bn (£103.39bn). AMS managing director Bert Swartsenburg said: ...

  • News

    Inditex to absorb Spanish government-imposed VAT increase

    2012-07-20T07:00:00Z

    Zara owner Inditex is to absorb the Spanish government-imposed VAT increase from 18% to 21%, so as not to increase prices. In 2010, when VAT rose from 16% to 18%, Inditex also kept prices stable. “With this decision, Inditex maintains its policy of price stability as it has ...

  • News

    Inditex reports net profit increase

    2012-06-22T07:00:00Z

    Clothing giant Inditex reported a 30% rise in net profit to E432m (£374.7m) for its first quarter, on revenues up 15.4% to E3.4bn (£2.95bn). The retailer posted its highest-ever gross margin, which rose by 140 basis points to 60.2%. During the quarter Inditex opened 91 new stores in 26 ...

  • News

    El Corte Inglés launches price drop on 4,500 grocery products

    2012-06-15T07:00:00Z

    El Corte Inglés has launched a price drop on 4,500 grocery products available in the food halls of its department stores, Hipercor hypermarkets and Supercor supermarkets. The items included are all basic grocery products from all sections, including fresh produce.