Spanish cooperative Eroski posted gross sales of €5.1 bn during fiscal 2021, a 4.8% decrease on 2020’s figure. The fall was attributed to COVID-19 restrictions, which were in place during parts of 2021. These affected sales at Eroski’s petrol stations, travel agencies, and its operations in tourist regions, such as the Balearics. However, despite the fall in sales, the turnover from food-based...

As discounter DIA continues rolling out its new store concept and franchise model in Spain, the company has published its Q1 2022 results, posting net sales of €1 bn in its home market, 4.2% less than a year earlier. Like-for-like sales decreased by 1.8%, while the company’s store count contracted by 4.6% compared to March 2021. A shrinking store count and market share The last few years ha...

Carrefour reports its first quarter sales rose 9.0% to €20,239m with like-for-like (LFL) sales up by 3.4%, we look at three key takeaways from the results announcement. 1. Carrefour continues to gain market share in France, Spain and Brazil Carrefour announced it increased its sales across France, Europe and Latin America. We highlight the three countries where the retailer is gaining market ...