THE French-owned Alcampo supermarket and hypermarket chain is shutting 25 stores in Spain after seeing a slight fall in sales last year.
The company said that a maximum of 710 employees would be affected.
The closures will revolve around its supermarkets and are likely to include some bought in 2023 from Dia when Alcampo acquired 235 outlets- some of which were unprofitable or in ‘poor’ locations.
READ MORE:
- Alcampo supermarket chain buys 235 stores and warehouse from struggling DIA in Spain
- Supermarket wars in Spain: Figures reveal popular chain still reigns supreme despite growth of German rivals

Alcampo described the decision as part of a process to ensure its long-term sustainability.
In a statement, it said: “On this path of transformation, it is essential to recover the results and ensure sustainable growth in each and every one of the stores.”
“That is why Alcampo is implementing a workforce adjustment plan, a decision that, although difficult, is responsible and necessary,” it added.
It has not said which 25 locations have been ear-marked for closure but referred to changes at 125 establishments with size reductions for stores- including hypermarkets- as well as staff ‘adjustments’.
The CCOO trade union has released a list where changes to hypermarkets will take place- namely in Madrid, Castellon, Albacete, Sanlucar, Jerez and Sevilla.
Supermarkets set for change or closure are in Madrid, La Rioja, Cantabria, Navarra, Castilla-La Mancha, Castilla y Leon, Galicia, Aragon, Asturias and the Basque Country.
Alcampo said it is carrying out renovation and modernisation of more than 60 stores, as well strengthening its online sales business.
Click here to read more Business & Finance News from The Olive Press.