Tea: flavored teas offered varies widely

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Spanish retail: much potential remains

Spanish retail looks set for further growth, despite obstacles. Spain has enjoyed strong growth over the past five years and continues to perform well. But, with interest rates rising and uncertainty surrounding the property market, the question is how long can the consumer boom continue? Verdict suggests the outlook remains positive.

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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.

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Sonae: Spanish acquisition marks entry into struggling electricals market

Sonae, the giant Portuguese conglomerate, is set to enter the beleaguered Spanish electricals market with its Wortem chain, after acquiring the Spanish arm of French electricals specialist Boulanger. However, a challenging macroeconomic environment and feisty competitors will make its quest to become a prominent market player far from smooth sailing.

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Retail consolidation: just three food and drink retailers hold 96% of Swedish market

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Repsol's commitment to sustainability will bring early-mover advantages

Under an agreement signed with the Spanish government, Respol will be installing 300 electric vehicle charging points at its sites. The move is not without risk, as there is currently little consumer demand for alternative fuels, but with conventional oil prices soaring, Repsol aims to boost dwindling revenue by entering into an innovative and expanding market.

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Prometheus: sales suffer as crisis in Spain worsens

Prometheus, which operates two of Spain's most prominent electricals chains, 'Master Cadena' and 'Idea', has gone into administration. The electricals retailer has become the first in the sector to succumb to the challenging macroeconomic environment in Spain. As the situation gets worse, more retailers are likely to suffer a similar fate.

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Primark: like-for-like sales up

A strong sales performance from Primark has driven growth at Associated British Foods. However, the real challenge for the retailer lies in the 12 months ahead as it faces slowing retail sales growth and can no longer rely on new store openings.

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Primark: like-for-like sales hit by store expansions

Primark owner Associated British Foods has issued a trading update ahead of its full year results. Sales and profits are ahead at the value retailer, while like-for-like sales at established stores have been hurt by new store openings. The retailer must ensure expansion does not lead to neglect of its core proposition and the loss of its unique selling point.

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Primark: expanding Spanish style

Primark has opened its first store outside the UK and Ireland in a new Madrid shopping center. Spain represents a solid testing ground for Primark's launch into continental Europe, although the value-led retailer should be careful not to lose sight of expansion plans for its core UK market.

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