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Condis Accelerates Its Growth Strategy With 20 Openings In H1 2016

Published on Jul 20 2016 10:27 AM in Retail tagged: Convenience / Condis / Spanish Retail / Condis Express / Proximity Stores

Condis Accelerates Its Growth Strategy With 20 Openings In H1 2016

Spanish retailer Condis has opened 26 convenience stores and remodelled 10 during the first half of 2016.

According to revistaaral.com, and I nvestment of €6.5 million has been allocated for this, which is an increase of 62 per cent compared to the first half of the previous year.

The move has added 6,250 square metres to its sales total.

Condis currently has 479 establishments, 32 more than the 447 that the company had in June 2015.

Of the 26 shops opened so far in 2016, 15 trade under the Condis Express banner (14 in Barcelona and 1 in Madrid).

Since the creation of Condis Express in 2013, 56 convenience shops have been opened under the banner.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Gabriela Guédez. To subscribe to ESM: The European Supermarket Magazine, click here.

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