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'Significant Groundwork' Undertaken To Turn Around Spain's DIA, Says CEO

Published on Feb 28 2020 8:58 AM in Retail tagged: Featured Post / Retail / Spain / Portugal / Dia / Paywall / Karl-Heinz Holland

'Significant Groundwork' Undertaken To Turn Around Spain's DIA, Says CEO

The chief executive of troubled Spanish retailer DIA has said that "significant and crucial groundwork" has been undertaken in the process of turning around the business' fortunes.

Karl-Heinz Holland was commenting after DIA posted net sales of €6.87 billion for full year 2019, which was down 9.3% on the previous year.

'First Step'

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