All Spain articles – Page 7

  • News

    Tata Group proposes to open Massimo Dutti stores in India


    Tata Group’s retail arm Trent has entered into an initial agreement with Spanish retailer Inditex to open Massimo Dutti stores in India. The proposed joint venture will be 51% owned by Inditex’s Zara Holding, while the rest will be owned by Trent. Trent and Inditex have a similar ...

  • Inditex has opened stores in China and so is less reliant on Europe for sales

    Inditex is made to measure for tough market conditions

    July 1 2011

    The release of the second-quarter results of the two largest global fashion retailers, Inditex and H M has sparked discussion that the Spanish company is on the verge of overtaking H M, as the most valuable listed fashion retailer.

  • Pull and Bear store front

    Inditex extends collaboration


    Spanish fashion retail group Inditex has agreed to prolong its franchise agreement with local clothing market leader Apranga Group in the Baltic States of Lithuania, Latvia and Estonia until 2014

  • Las Arenas Barcelona
    Photo gallery

    Las Arenas, Barcelona


    Yes, you did read correctly and no, you’ve not dived into some kind of alternative Ernest Hemingway sub-culture. This is Las Arenas, the vast, former bullring in the heart of Barcelona.

  • Dixons chief executive John Browett said: “With challenging economic headwinds continuing for many of our customers we remain cautious on the outlook for the year ahead.

    Dixons Spanish exit begins with PC City store disposals


    Electricals group Dixons has disposed of eight of its 34 PC City stores in Spain to Portuguese retailer Sonae on undisclosed terms.

  • Inditex Pull And Bear London Oxford St

    Inditex builds online with transactional sites


    Spanish fashion giant Inditex is to launch transactional websites for its Bershka, Massimo Dutti and Pull and Bear brands in the UK by the end of the year.

  • Dixons store

    Dixons Retail to bow out of loss-making Spain


    Electricals group Dixons Retail is to say adiós to Spain and shut its loss-making business there as part of its strategy to concentrate on “winning markets and formats”.

  • Carphone Warehouse

    Best Buy Europe to sell off Belgian Phone House


    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


    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


    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 ...

  • News

    Eroski launches private label economy food range


    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


    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


    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


    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


    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%


    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


    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 ...

  • News

    C&A turnover flat at £5.56bn


    Fashion retailer C A generated turnover of e6.3bn (£5.5bn) in the year ended February 2010, up by just 0.03% on the previous year. Sales growth was seen in Belgium and Luxembourg (3.2%), in Austria (1.1%), in Germany (0.2%) and in its online business. But turnover dropped in Spain and Portugal ...

  • News

    Abercrombie & Fitch set to open Barcelona Hollister


    US clothing retailer Abercrombie Fitch is to launch its first store in Spain under the Hollister banner in Barcelona in July. The store will cover 5,380 sq ft and will be located in the La Maquinista shopping centre. Abercrombie Fitch is expected to open four ...

  • News

    Mercadona sales up to £13.8bn


    Mercadona has reported gross sales of €15.5bn (£13.8bn) for its 2009 financial year - up 0.8% on the year before. Net income declined 16% to €270m (£240.7m). The grocery retailer invested about €600m (£534.9m) in the business over the year, opening a further 74 stores to take its total to ...