Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Auchan Retail Spain Reduced Capital Expenditure In 2019

By Steve Wynne-Jones
Share this article

Auchan Retail Spain invested €39.4 million in capital expenditure in 2019, around two-thirds less (64%) than the previous year, according to reports.

The group opened 17 new stores in the period, taking its total to 339 outlets, of which 156 are franchised outlets, according to Distribución Actualidad.

Much of the investment went towards upgrading and renovating its outlets, digital transformation and implementing sustainability measures.

Sustainability Agenda

This included the opening of 'zero waste' centres and eco parks to enable shoppers to safely dump sensitive materials such as electrical and electronic devices, batteries, oil and fluorescent lights.

The business also introduced emission free vehicles to conduct grocery deliveries from 70 of its outlets, and introduced free recharging points for electric cars at four stores.

ADVERTISEMENT

Auchan Retail Spain, which operates the Alcampo and Simply brands, closed 2019 with sales of €4.65 billion, in line with sales recorded the previous year.

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine

Get the week's top grocery retail news

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days