Tag: retail
Major retailer in Spain- El Corte Ingles Group- reports massive rise in net profits
SPAIN'S El Corte Ingles Group closed the 2022 financial year with global revenues of €15.3 billion- up 22.5% compared to the previous year with...
Colombian cafe chain opening ‘flagship’ store in Madrid with more outlets coming to Spain
COLOMBIAN cafe chain Juan Valdez will be opening a 'flagship' shop in Madrid as part of its plans to open over 100 outlets across...
Spain’s fashion giant Inditex owner of brands like Zara announces record profits
SPAIN'S Inditex- the world's biggest fashion retailer- posted a 27% rise in net profits last year as sales exceeded pre-pandemic levels.
Net income soared to...
Mercadona supermarkets in Spain spending €60 million on solar panels for stores
THE Mercadona supermarket chain is to spend €60 million on installing solar roof panels at its stores in Spain this year.
Renewable energy currently powers...
Unions say Zara owner Inditex has agreed big wage increase for shop workers in Spain
SPAIN'S leading fashion group Inditex has struck a deal with two unions which will see salaries of store workers rise by an average of...
Spain’s Dia supermarkets hook up with Just Eat for home grocery deliveries
SPAIN'S Dia supermarket chain has gone into partnership with Just Eat to deliver its grocery and convenience goods to homes.
The initiative will initially see...
Mercadona supermarket chain in Spain announces staff wage rise in line with inflation
STAFF working for Mercadona supermarkets in Spain will get a 5.8% salary increase- in line with inflation- this January.
Workers got a 6.5% inflation-matching rise...
Primark to spend €100 million on eight new stores and refurbishments in Spain
FASHION retailer Primark has announced €100 million plans to open eight new stores and refurbish existing outlets in Spain.
1,000 new employees will be added...
Spain’s clothes stores cutting back on big Black Friday bargains as purchases fall and costs rise
CLOTHES sales in Spain went up by 4.2% in October compared to a year earlier but that was close to half of September's rise.
Fashion...
Alcampo supermarket chain buys 235 stores and warehouse from struggling DIA in Spain
FRENCH retailer Auchan says its Spanish subsidiary Alcampo will buy 235 supermarkets and a warehouse from the struggling DIA group
Subject to clearances from competition...
Lidl supermarkets announces €25 million expansion plans in Spain’s Valencia region
LIDL supermarkets will open eight new stores in the Valencian Community over the next 18 months.
The retailer says that adds up to an investment...
Spanish fashion retailer Inditex known for brands like Zara and Bershka says prices will rise by 2%
SPANISH fashion giant Inditex says prices will go up by 2% across its domestic stores this spring and summer due to inflation.
Inditex, who are...
Spanish supermarket giant Mercadona criticises panic-buyers and hoarders following sunflower oil clampdown
MAJOR Spanish supermarket chain Mercadona has appealed to customers to stop panic-buying and hoarding.
Reporting a €47 million fall in profits last year, Mercadona president,...
Spanish retail giant Inditex closes 502 stores in Russia over Ukraine invasion
THE Spanish fashion giant Inditex has announced that it is closing its 502 stores in Russia in protest at Putin’s invasion of Ukraine.
The Galician...
Nationwide survey reveals ‘most-valued’ and cheapest supermarkets in Spain
HIPERCOR owned by department store chain El Corte Ingles has been ranked as Spain's 'most-valued' national supermarket retailer.
The verdict comes in a customer survey...
Struggling Dia supermarket chain in Spain unfazed by EU blacklist of Russian oligarch owner
SPAIN'S Dia supermarket chain says its business as usual despite its key figure getting onto an EU Russian oligarch blacklist in wake of the...
Costa Blanca shoemaker famous for coloured trainers opens its own shops in Spain
ELCHE footwear manufacturer, Hoff, has opened its second branded store in Spain in Palma de Mallorca.
Since it started in 2016, Hoff has sold over...
Family business as Marta Ortega takes control of Spain’s Inditex fashion empire
MARTA Ortega, the daughter of the founder of Spanish fashion retailer, Inditex, will become the company's chairwoman next April.
Ortega, 37, will replace Pablo Isla,...
Carrefour hypermarket chain hits landmark of 1,000 ‘Express’ stores across Spain
CARREFOUR Spain has hit the milestone of opening 1,000 Express stores, with over a hundred new outlets launched so far this year.
The company has...
Entrepreneurs and artisans encouraged to attend open market event on Spain’s Costa Blanca
ENTREPRENEURS of the Costa Blanca can promote their skills at a major Elche retail outlet next month.
L’Aljub Shopping Centre is hosting the “Oasis Market...
EROSKI supermarket chain benefits from last year’s pandemic lockdown in Spain
EROSKI supermarkets have seen a big pandemic boost of a 30% rise in operating income which hit €252 million last year.
The company's sales rose...
Major European retailer arrives on the Costa Blanca to open its first PEPCO store in Spain
SPAIN is to get its first PEPCO store next week with the opening of a branch on the Costa Blanca.
They plan to open 400...
Expert predicts new Aldi-Lidl price war in fresh challenge to Mercadona’s place as Spain’s leading supermarket
A fresh supermarket price war between Aldi and Lidl has been predicted by one of Spain's major retail market research analysts.
Florencio Garcia from Kantar...
Petrol prices in Spain register highest decrease in four years, but food prices continue to rise
PETROL prices in Spain have dropped by 1% in May, but food prices continue to rise.
British supermarket Tesco to open MORE stores in Spain
The Herefordshire-based supermarket chain is being dubbed the ‘British Mercadona’ by retail insiders
Retail figures fall in Spain for first time in three years following Catalunya crisis
SPANISH retail sales fell for the first time in over three years in October, with sales in Catalonia dropping sharply after its independence referendum.
The...
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GIB ELECTION 2023: GSLP/Liberals vow to update Gibraltar’s constitution and possibly get a UK MP
GIBRALTAR could get more powers to control its own affairs and international status under plans presented by the GSLP/Liberal coalition ahead of the October...
