Grande Consumo
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Retail
The owner of Conforama acknowledges that her financial situation is very difficult
The South African multinational Steinhoff International Holdings, owner of, among other assets, Conforama and the Hertz car rental company, acknowledged to its shareholders that its financial situation remains "very difficult" and assured them that it is trying to renegotiate its debt with creditors. "The group is engaged with its creditors […]
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Retail
Brussels wants a more open, integrated and competitive retail trade
The European Commission has published a set of best practices aimed at supporting Member States' efforts to create a more open, integrated and competitive retail sector. Retail trade is one of the main sectors of the European Union economy, where more than 3,6 million companies operate in this area […]
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Retail
The bank warns Eroski that he risks filing for insolvency
Tensions between the lending banks and Eroski, due to the refinancing of a loan worth €1.690 billion, threaten to drag the Basque cooperative into a very complicated situation. According to elEconomista, if no agreement is reached, Eroski will have to comply with a clause agreed upon in 2015 and […]
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Retail
Ana María Llopis will step down as president of DIA in 2019
Ana María Llopis, the current non-executive president of DIA, will leave her position in 2019. This information was revealed after the group's General Shareholders' Meeting, where it was also announced that procedures outlined in the succession plan to find a new president in the coming months will begin soon. From the General Meeting […]
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Retail
Mercadona opens a sales office in the United Kingdom
While preparing its arrival in Portugal, Mercadona has established a commercial office in the United Kingdom. Located in Harrogate, in northern England, this office was opened last November to “negotiate, manage and execute purchasing operations with suppliers,” according to information gathered by the newspaper Expansión from the British Commercial Registry. Unlike the […]
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Retail
Sainsbury's uses electric bicycles for home deliveries
Sainsbury's has become the first British retailer to test the use of electric cargo bikes for home delivery. The pilot project will study the potential of these vehicles as a more efficient way to deliver food in large cities and offers distinct advantages, from reduced delivery times to […]
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Retail
El Corte Inglés responds to Amazon with deliveries in 30 minutes
The president of El Corte Inglés, Dimas Gimeno, believes that strategic decisions and major investments should be made during positive times. This was the message he conveyed in his speech at the World Retail Congress, which recently took place in Madrid, where the manager acknowledged the obligation to preserve a legacy of […]
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The KitKat shape cannot be registered as a trademark in the European Union
Nestlé cannot register the four-bar KitKat chocolate bar format as a trademark in the European Union. This was determined by the Advocate General of the Court of Justice of the European Union, Melchior Wathelet, regarding the appeal filed by the Swiss multinational to maintain the registration of this trademark, granted in 2006 by the Office of Intellectual Property […]
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Sigma Alimentos' sales grow by 15%
Sigma Alimentos, a Mexican company with more than 70 factories in 18 countries and owner of the Campofrío Food Group, which includes the Portuguese company Nobre, saw its sales grow by 15% in the first quarter, to $1.552 billion. Of this total, $559 million comes from sales in Europe, where it operates […]
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