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Retail

Spain's Alcampo Reports 11% Revenue Growth In Full-Year 2022

By Branislav Pekic
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Spanish grocery retailer Alcampo, owned by France’s Auchan, has reported sales of €4.77 billion in its 2022 financial year, representing an increase of 11% over the previous year.

Investments over the year totalled €115 million, of which €62 million was allocated to new openings, renovation of facilities, digitalisation, and environmental improvements (air conditioning, refrigeration plants and electrical installations).

Last year, Alcampo opened eight supermarkets in the community of Madrid and a collection point with a convenience store in Tenerife, investing €8 million and expanding its total sales area by almost 4,000 square metres.

In addition to the company-owned stores, 14 franchise stores were opened in Madrid, Catalonia, Aragon, the Basque Country and Andalusia.

The total investment in refurbishments amounted to €26 million, with 21 stores, 11 hypermarkets and 10 supermarkets being refurbished, creating more modern, sustainable and experiential spaces, adapted to the shopping needs of consumers, the retailer said.

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In 2022, the company purchased more than 200 stores and a warehouse from Grupo DIA, located in the regions of Madrid, Aragón, Asturias, Castilla y León, Galicia, Cantabria, Navarra and the Basque Country.

The strategic acquisition will allow Alcampo to accelerate its development and move ahead with plans to become the physical and digital leader in Spanish food retailing.

Other Investments

The retailer's digital proximity project, which began in 2021 in association with Ocado, continued to evolve in 2022 – a year in which it invested €6.4 million, mainly for the implementation of In-Store Fulfillment (ISF) software, which is already a reality in 38 stores and has increased productivity by 57%.

Construction of a Customer Fulfillment Centre (CFC) smart warehouse in San Fernando de Henares, near Madrid, has been 50% completed and it is expected to be operational in 2024.

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This warehouse will be a logistics benchmark and a fundamental lever for developing Alcampo's phygital commerce project.

Complemented by the incorporation of the ISF software in all stores, this will enable the retailer to exceed 3.5 million orders by 2027.

Alcampo offers an assortment of up to almost 70,000 items, with fresh products accounting for almost 20,500 of the total – a 14% increase on the previous year.

Following the acquisition of stores from the DIA Group, Alcampo has 539 stores, including 80 hypermarkets and small hypermarkets and 459 supermarkets (131 of which are franchised), as well as 53 gas stations, an online commerce service and a workforce of more than 23,000 people.

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Read More: DIA Sales Increase 3.2% In Q1 2023, Spain Drives Results

© 2023 European Supermarket Magazine – your source for the latest Retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: European Supermarket Magazine.

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