Opinion on Hypermarkets, Supermarkets and Discounters in Spain

Published within

« | 1 | » »|

Type Product title / description Pub Price
Expert View
Expert View

Caprabo: supermarket chain well positioned to face downturn

Caprabo has revealed stagnant sales for 2007. However, in the midst of downturn in Spain, the company's focus has shifted to the future: it is integrating more and more into parent company Eroski, and stores are being re-branded under the Eroski banner.

Published By Datamonitor
14 Apr 2008
Expert View
Expert View

Carrefour: au revoir and adios Mr Duran

Carrefour, Europe's largest retailer, has announced that Lars Olofsson, a Nestle executive, will replace Jose Luis Duran as the group's chief executive. As the call for change sounds across the world, Carrefour's key investors, disheartened by the group's dwindling share price, have ousted the group's chief just as some of Mr Duran's strategic decisions appear to be having the desired effects.

Published By Datamonitor
19 Nov 2008
CommentWire
CommentWire

Carrefour: divestment of Portuguese hypermarkets

Just two weeks after acquiring Tengelmann's hard discount operation in Spain, Carrefour is making further amendments to its store estate by divesting its hypermarket operations in Portugal. However, Carrefour will retain its hard discounter Minipreco in the country. This is a sound move, as Carrefour's hypermarkets have seen falling sales densities across the EU for a number of years.

Published By Datamonitor
30 Jul 2007
CommentWire
CommentWire

Carrefour: in search of profit through Spanish private label range

Europe's largest retailer, Carrefour, has announced the launch of its value private label range in Spain. The entry level products will meet the high demand for private label goods as well as local produce among Spanish shoppers. Moreover, it will help Carrefour to minimize the impact of deflation on its margins, boosting group profits and improving customer perceptions of the brand.

Published By Datamonitor
14 Jun 2010
Expert View
Expert View

Dependence on the Spanish market weakens El Corte Ingles' sales

Leading European department store operator El Corte Ingles has reported a 3.9% decline in turnover as shoppers switch to cheaper rivals due to squeezed disposable incomes. As the tough trading environment in Spain continues, the retailer may regret its cautious approach to international expansion and its reliance on Spain. It needs to act swiftly to halt sliding sales and regain consumer loyalty.

Published By Datamonitor
30 Aug 2012
Expert View
Expert View

El Corte Ingles faces challenging year despite strong portfolio

El Corte Ingles, the giant Spanish conglomerate, has unveiled a 4.7% rise in turnover for the year ending February 2008 and continues to expand apace regardless of Spain's macroeconomic plight and consumer downturn. However, despite boasting strong credentials, Spain's largest retailer may yet suffer the full impact of what could be a prolonged slump.

Published By Datamonitor
01 Sep 2008
CommentWire
CommentWire

El Corte Ingles: department stores struck by economic crisis

El Corte Ingles has felt the knock-on effects of the severe economic downturn in Spain, reporting a fall in sales for 2008. The decline in consumer expenditure has had a significant impact on the group's sales and profits, as it resorted to discounting to boost demand and shift stock. Despite growth at its smaller divisions, its department stores and hypermarkets dragged down overall performance.

Published By Datamonitor
02 Sep 2009
Expert View
Expert View

Mercadona leading with cheapest private label

Mercadona, Spain's leading grocery chain, reported strong sales growth in 2008, although price reductions dented the company's profit. By focusing on private label and removing unprofitable lines from its stores, Mercadona has managed to control costs and pass on price cuts to consumers. Consequently, a price war has erupted between Spain's grocers, each vying for diminishing retail spend.

Published By Datamonitor
06 Mar 2009
Expert View
Expert View

Metro: Q3 performance better than expected

Metro's Q3 sales grew 7.1% to E47.8 billion, with domestic sales up 2.0% and international sales up 10.6%. On a positive note, the repositioning of Real in Germany has shown encouraging results. Yet while Metro's results are holding up, the secondary effects of the credit crunch are becoming visible and the future outlook appears rather bleak, especially for Metro's operations in Eastern Europe.

Published By Datamonitor
03 Nov 2008
Expert View
Expert View

Spanish retail's long-term prospects outweigh current slump

The phase of Spain being one of the EU's fastest growing retail markets has come to an end. Consumer confidence is falling sharply, and borrowing, which fuelled the consumer boom, has become much harder to secure in the current credit crunch. However, there are a number of long-term prospects in the market's underdeveloped and fledgling sectors which offer prime growth opportunities.

Published By Datamonitor
16 May 2008

« | 1 | » »|

No help is available.