Spanish retailer Eroski achieved revenues of €3.2 million in the first half of its financial year, ending 31 July 2017, which represents an increase of 10.5% on the same period last year.
Meanwhile, the retailer's parent company, Eroski S. Coop, ended the period with profits of €9.8 million, up 11% year on year.
Continued Investment
Eroski says that it invested €38 million in its store network during this period, which included opening 21 new supermarkets and remodelling 57 existing stores.
The company also introduced a number of initiatives, such as the Eroski Club Mastercard, as well as the expansion of its shopping app and click-and-collect online services.
Eroski operates 1,784 stores in Galicia, the Basque Country, Navarra, Catalonia and the Balearic Islands, including supermarkets, hypermarkets, and cash-and-carry outlets, as well as gas stations, opticians, travel offices, perfumeries and sports-equipment stores.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.
