Country Retail Scene Report

Total Page:16

File Type:pdf, Size:1020Kb

Country Retail Scene Report SPAIN COUNTRY RETAIL SCENE REPORT December 2012 KANTAR RETAIL 24 – 28 Bloomsbury Way, London WC1A 2PX, UK / Tel. +44 (0)207 031 0272 / www.KantarRetail.com INFORMATION / INSIGHT / STRATEGY / EXECUTION © Kantar Retail 2012 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Index I. Key Themes .......................................................................................................... 2 II. Socio – Economic Background .............................................................................. 3 III. Key Players in the Grocery Retail Sector ............................................................ 11 IV. Grocery Retail Channels ..................................................................................... 19 V. Conclusion ........................................................................................................... 24 © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 1 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com I. Key Themes National players are capturing growth and increasing concentration in Spain Despite the economic turmoil in Spain, leading Spanish grocery retailers are expected to see their growth accelerate in the coming years, led by retailers such as Mercadona and Dia, both growing at over 5% per year. Mercadona is by far the largest Spanish grocery retailer in terms of sales and has successfully adapted its strategy to the economic crisis that Spain is facing. Its impressive business model has enabled it to retain shopper loyalty and support robust physical expansion and the retailer is looking to further strengthen its domination of the supermarket channel and the grocery market overall. Due to the strong growth of two of the top five grocery retailers in Spain the dominance of a few major players will increase. In 2012 the five top retailers generated over 65% of the total grocery sales in the market. By 2017 this number is likely to reach 70% as several leading players adapt to meet changes in shopper behaviour. Private label is growing As a result of households’ economic concerns and retailers’ eagerness to enhance private label penetration, Spain is now the second-largest country in terms of private label penetration after the United Kingdom. According to Symphony IRI Group in 2012 41.5% of grocery sales in Spain were generated by private label, a number that increased by 1.3% compared to 2011. Franchising remains the path to growth for many retailers Franchising has been prioritized by retailers in the past year as an efficient and fast way to achieve growth, especially in light of the challenging economic environment. The model offers the advantage of minimizing risk and cost for retailers, but there can also be a downside in terms of in-store execution and compliance. Retailers such as Auchan (Simply Market), Eroski (Caprabo & Eroski City), Carrefour (Carrefour Express) and Dia are rapidly expanding through franchising. © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 2 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com II. Socio – Economic Background Spanish Population As of 31st December 2011, Spain had a population of 47.2 million people. In 2011 50.7% of the Spanish population were women and 49.3% men, with 41.1% of the population between 16 and 44 years old, and 43.1% over 45 years old. In Spain 12.1% of the population is comprised of foreign citizens. The three regions with the highest proportions of foreign nationals are Baleares (21.6%), Valencia (17.2%), and Murcia (16.1%), all of which are coastal regions. The number of households in Spain, as of the 2007 census, is 16.3 million. This translates to 2.74 people per household, more than the EU 27 average of 2.5 people per household but down 0.29 points from 2001. The most common household is now couples without children which represents 21.5%; households with at least one child represent 42.2%. Spain’s population density is 91.8 inhabitants per square kilometre (sq km). By comparison, the average population density for the EU27 is 116.6 inhabitants per sq km. Figure 1: Population Density in Spain Source: Britanica. © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 3 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com The most populated areas in Spain are the coastal regions and Madrid (Figure 1). The inland regions surrounding Madrid have a very low population density. Thus the most populated regions in Spain are Andalusia, Catalonia, Madrid and Valencia, which contain over 58% of the Spanish population (Figure 2). Figure 2: Spanish population by region Rank Region Population 1 Andalucía 8,424,102 2 Cataluña 7,539,618 3 Madrid (Comunidad de) 6,489,680 4 Comunitat Valenciana 5,117,190 5 Galicia 2,795,422 6 Castilla y León 2,558,463 7 País Vasco 2,184,606 8 Canarias 2,126,769 9 Castilla - La Mancha 2,115,334 10 Murcia (Región de) 1,470,069 11 Aragón 1,346,293 12 Balears (Illes) 1,113,114 13 Extremadura 1,109,367 14 Asturias (Principado de) 1,081,487 15 Navarra 642,051 16 Cantabria 593,121 17 Rioja (La) 322,955 18 Ceuta 82,376 19 Melilla 78,476 Spain 47,190,493 Source: National Institute of Statistics (INE). Spain’s population is still growing every year partly due to a positive balance between birth rates and death rates. In 2011, birth rates decreased by 3.5% to 468,430 children born in Spain that year, making a natural growth of 81,083 persons. The average childbearing age is also increasing, with an average of 31.4 years in 2011, while the average number of children per mother has decreased from 1.39 in 2009 to 1.35 in 2011. © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 4 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Economic Indicators i) GDP and Government debt Spain’s real GDP growth shows that the country enjoyed a higher growth rate than the rest of Europe prior to the 2009 economic crisis (Figure 3). However, since then, Spain has seen a consistently lower real GDP growth rate than the European average. Figure 3: Annual Real GDP Growth Source: Data – Eurostat; Chart – Kantar Retail. Spain has been seriously affected by the economic crisis, with a decrease from an already low GDP growth rate of 0.9% in 2008 to a severe contraction of 3.7% in 2009. Since then, Spain has been experiencing poor growth in relative terms. Real GDP growth remained negative until 2011 and is expected by Eurostat to remain negative (- 1.4%) until the end of 2013. The crisis also had a strong impact on Spain’s debt levels (Figure 4). © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 5 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Figure 4: Government Deficit/Surplus as % of GDP Source: Data – Eurostat; Chart – Kantar Retail. Having experienced relatively benign debt levels, actually running a fiscal surplus until 2007, the government’s finances plunged into deficit in 2008. Since then, Spanish debt levels have been beyond the Maastricht criteria of -3% maximum, and even dived further to -11.2% in 2009 and -9.4% in 2011. The bulk of GDP in Spain was generated by final household consumption in 2011 (Figure 5). Spanish imports have consistently been higher than the country’s exports, representing over 1% more of the GDP. Although remaining quite stable over the past 10 years, the composition of GDP has seen small noticeable changes since 2009. The share of final consumption in GDP grew from 45.3% in 2007 to 51.3% in 2009 as a result of the crisis, whilst the share from gross capital formation shrunk (from 18.5% in 2007 to 15.8% in 2009). © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 6 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Figure 5: GDP Components (2001 - 2011) Source: Data – INE; Chart – Kantar Retail. ii) Unemployment Unemployment in Spain is far higher than the European average and has been accelerating over the ten months from January 2012. In January 2012, the unemployment rate was 23.5%, 13.4 points higher than the EU (27 countries) average of 10.1%. Towards the end of the year, in October 2012, that rate reached 26.2%, being 15.5 points higher than the EU average, illustrating the tough economic environment that the Spanish people are facing. © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 7 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Figure 6: Unemployment by month (January – October 2012) Source: Data – Eurostat; Chart – Kantar Retail. Non-Spanish citizens are experiencing a more severe unemployment rate than Spanish citizens, by 11.5 points in Q3 2012, with the foreign unemployed segment dominated by Romanians and Moroccans, representing 30% of this group.
Recommended publications
  • 2020 Report Executive Summary Letter from the Chairman
    2020 Report Executive summary Letter from the Chairman I would like to begin this message by thanking all the people who make EROSKI possible. People who, individually and collectively, have lived up to the demands of society, and who have done so with determination and efficiency, always giving their best for the benefit of the community. The quality of this response did not come as a surprise to any of us. But it must nevertheless be recognised, especially when it reaches this level of commitment. Our main priority is to guarantee the safety of both our employees and customers. It was complicated at the beginning, but we ended up certifying our establishments with the Bureau Veritas Safer Shopping seal. In the meantime, we had to ensure that our stores were well stocked every day. The entire value chain performed exceptionally well and we were able to provide an optimal response to an accumulated demand that increased significantly at the onset of the crisis. The pandemic adversely affected different groups and, fortunately, we were able to meet the pressing needs of many of them. Thus, we donated one million face masks to municipal councils and social organisations and the equivalent of more than 6.5 million meals to Food Banks, amongst other actions. The most complicated year had to be the most supportive year. Consumers changed their shopping habits and we wanted to accompany them in that change. The much talked-about innovation and digital transformation in business is about making life easier for customers, allowing them to find different, innovative products and providing them with a more satisfactory, agile and efficient shopping experience.
    [Show full text]
  • Informe Expediente De Concentración Económica C 78/03 Leroy Merlín/Brico
    Tribunal de Defensa de la Competencia I N F O R M E EXPEDIENTE DE CONCENTRACIÓN ECONÓMICA C 78/03 LEROY MERLÍN/BRICO EMPRESA NOTIFICANTE: LEROY MERLIN PARTICIPATIONS, S.A. OBJETO: TOMA DE CONTROL EXCLUSIVO DE BRICO SPAIN S.A. POR PARTE DE LEROY MERLIN PARTICIPATIONS S.A. 1 / 55 I N D I C E 1 ANTECEDENTES............................................................................................... 1 1.1 Notificación .................................................................................................. 1 1.2 Recepción del expediente y actuaciones del Tribunal ................................. 1 1.3 Alegaciones de LEROY MERLIN................................................................. 2 1.4 Alegaciones de la Consejería de Industria, Comercio y Energía de la Generalitat Valenciana ........................................................................................... 4 1.5 Alegaciones de la Ferretería Balear Sociedad Cooperativa Limitada .......... 5 1.6 Alegaciones del Gobierno de Cantabria ...................................................... 5 1.7 Alegaciones del Gobierno de Aragón .......................................................... 5 1.8 Alegaciones del Gobierno Vasco................................................................. 6 1.9 Alegaciones del Gobierno de Navarra ......................................................... 8 1.10 Alegaciones de la Junta de Castilla y León ................................................. 8 1.11 Alegaciones de la Generalitat de Cataluña.................................................
    [Show full text]
  • Décision N° 18-DCC-65 Du 27 Avril 2018 Relative À La Prise De Contrôle
    RÉPUBLIQUE FRANÇAISE Décision n° 18-DCC-65 du 27 avril 2018 relative à la prise de contrôle exclusif des sociétés Zormat, Les Chênes et Puech Eco par la société Carrefour Supermarchés France L’Autorité de la concurrence, Vu le dossier de notification adressé complet au service des concentrations le 15 mars 2018, relatif à la prise de contrôle exclusif des sociétés Zormat, Les Chênes et Puech Eco par la société Carrefour Supermarchés France, et formalisée par un protocole de cession en date du 1er février 2018 ; Vu le livre IV du code de commerce relatif à la liberté des prix et de la concurrence, et notamment ses articles L. 430-1 à L. 430-7 ; Vu les engagements présentés les 15 mars et 18 avril 2018 par la partie notifiante ; Vu les éléments complémentaires transmis par la partie notifiante au cours de l’instruction ; Adopte la décision suivante : I. Les entreprises concernées et l’opération 1. La société Carrefour Supermarchés France SAS (ci-après « CSF ») est une filiale à 100 % du groupe Carrefour, lequel est actif dans le secteur du commerce de détail à dominante alimentaire, ainsi que dans la distribution en gros à dominante alimentaire. En France, le groupe Carrefour exploite des hypermarchés, supermarchés, commerces de proximité, cash and carry, sous les enseignes Carrefour, Carrefour Market, Carrefour City, Carrefour Contact, Carrefour Express, Carrefour Montagne, Huit à 8, Marché Plus, Proxi et Promocash. Le groupe Carrefour dispose par ailleurs d’une activité de drive et exploite plusieurs sites marchands sur internet : www.carrefour.fr, www.ooshop.carrefour.fr et www.rueducommerce.fr.
    [Show full text]
  • Global Top 3 Retailers: Wal-Mart, Carrefour, Tesco Indian Retailers
    4. Case Studies Global Top 3 retailers: Wal-Mart, Carrefour, Tesco Indian Retailers: Future Group (Big Bazar), More, Reliance Fresh,Spencers and Vishal Mega Mart Chapter 4 W a l - M a r t "The secret of successful retailing is to give your customers what they want. And really, if you think about it from your point of view as a customer, you want everything: a wide assortment of good quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience. ” - Sam Walton, founder of Wal-Mart. ''Exceed your customer’s expectations. If you do they’ll come back over and over. Give them what they want - and a little more. Let them know you appreciate them. - Sam Walton, founder of Wal-Mart Brief about Retailer; In July 1962, Walton - an economics graduate from the University of Missouri, established the first Wal-Mart Discount City in Rogers, a small town in the state of Arkansas, USA. Wal-Mart expanded rapidly by adopting acquisition and joint venture routes. Today Wal-Mart is the world’s number one retailer having operations spread in 14 countries with an employee base of 6, 80,000. Apart from USA, it operates mainly in Canada, South America, UK, Japan, China and India. In 2009, Wal-Mart distributed $423 million for charities in cash and in kind. Wal-Mart environmental friendly goals are: merchandise having 100 percent renewable energy, creation of zero landfill waste and products sell maintaining sustained environment. In India, Wal-Mart has joined hands with Bharati Enterprise and started B2B retail operations.
    [Show full text]
  • Global Vs. Local-The Hungarian Retail Wars
    Journal of Business and Retail Management Research (JBRMR) October 2015 Global Vs. Local-The Hungarian Retail Wars Charles S. Mayer Reza M. Bakhshandeh Central European University, Budapest, Hungary Key Words MNE’s, SME’s, Hungary, FMCG Retailing, Cooperatives, Rivalry Abstract In this paper we explore the impact of the ivasion of large global retailers into the Hungarian FMCG space. As well as giving the historical evolution of the market, we also show a recipe on how the local SME’s can cope with the foreign competition. “If you can’t beat them, at least emulate them well.” 1. Introduction Our research started with a casual observation. There seemed to be too many FMCG (Fast Moving Consumer Goods) stores in Hungary, compared to the population size, and the purchasing power. What was the reason for this proliferation, and what outcomes could be expected from it? Would the winners necessarily be the MNE’s, and the losers the local SME’S? These were the questions that focused our research for this paper. With the opening of the CEE to the West, large multinational retailers moved quickly into the region. This was particularly true for the extended food retailing sector (FMCG’s). Hungary, being very central, and having had good economic relations with the West in the past, was one of the more attractive markets to enter. We will follow the entry of one such multinational, Delhaize (Match), in detail. At the same time, we will note how two independent local chains, CBA and COOP were able to respond to the threat of the invasion of the multinationals.
    [Show full text]
  • BASES CAMPAÑA CAPTACIÓN NACIONAL TARJETA ALCAMPO DEL 01/10/19 AL 17/11/19 Base 1.- Organizador Del Sorteo Y Periodo De Vigencia
    BASES CAMPAÑA CAPTACIÓN NACIONAL TARJETA ALCAMPO DEL 01/10/19 AL 17/11/19 Base 1.- Organizador del Sorteo y periodo de vigencia AUCHAN RETAIL ESPAÑA S.L, con NIF B-87516944 y con domicilio social en Madrid, Calle Santiago de Compostela Sur s/n, Edificio de Oficinas La Vaguada, 28029, Madrid, en colaboración con ONEY SERVICIOS FINANCIEROS E.F.C., S.A.U., con NIF (A83113324) con domicilio en Parque Empresarial Alvento. Vía de los Poblados 1. Edif. A, Planta 2 28033 Madrid (en adelante conjuntamente Oney y Auchan serán denominados como el “Organizador”) organizan juntos el sorteo denominado «Campaña Tarjeta Alcampo» (en adelante, el “Sorteo”) de acuerdo con las presentes bases (en adelante, las “Bases”) y consistirá en la entrega del premio que se detalla en la Base 5. El Sorteo comenzará el día 01 de Octubre de 2019 a las 00:01h y finalizará el día 17 de noviembre de 2019 a las 23:29h. Base 2.- ¿Quién puede participar? Podrán participar en el sorteo las personas físicas mayores de 18 años, con residencia legal en España, que durante el periodo comprendido entre el 01 de Octubre de 2019 a las 00:01 y el 17 de noviembre de 2019 a las 23:59 hayan solicitado la Tarjeta Alcampo/Tarjeta Oney y ésta haya sido aprobada por la entidad financiera Oney Servicios Financieros, S.A.U y además, realicen un comentario en la publicación del sorteo que se publicará en el muro del perfil de la entidad Alcampo, S.A.U. en Facebook (https://www.facebook.com/alcampo.es).
    [Show full text]
  • 50Th Anniversary
    50th Anniversary 2005 Annual Report 2 Contents 2005 ANNUAL REPORT Highlights 05 Message from the Chairman 06 Financial Group 09 Caja Laboral 12 Lagun-Aro 14 Seguros Lagun-Aro 15 Industrial Group 17 Automotive 21 Components 22 Construction 23 Industrial Equipment 24 Household Goods 25 Engineering and Capital Goods 26 Machine Tools 27 Industrial Systems 28 MCC Worldwide 29 Distribution Group 31 Distribution 32 Research, Training and Education 37 Research Centres 38 Training and Education Centres 41 Financial Statement and Trading Account 43 Sustainability Overview 49 Governance Structure 61 Corporate and Management Bodies 62 Companies Affiliated to MCC 65 33 Certificates and Awards 2005 ANNUAL REPORT As in previous years, several MCC businesses received out- 1 Finalist for the EFQM European Award obtained side endorsement in 2005 within the sphere of excellence by Fagor Cocción in business management: Ahizke-CIM (Language Centre, 1 European Environmental Award, won by Orkli Mondragón) and Politeknika Ikastegia Txorierri received the 6 Gold Q: Caja Laboral, CIM, Copreci, Gold Q from Euskalit, whereas Fagor Electrodomésticos Fagor Minidomésticos, Fagor Industrial and Politeknika Confort was awarded the Silver Q. Txorierri Ikastegia. 13 Silver Q: Eroski PGM, Fresh Produce Platform of the In addition, 4 Cooperatives were certified to the ISO Eroski Group, Fagor Electrodomésticos Confort, 14000 Environmental Standard, which means that MCC Fagor Electrodomésticos Lavado, Fagor Mueble, now has 42 certificates in this field. Likewise, 5 certificates Fagor Electrónica, Geyser Gastech, Lea Artibai were awarded for Systems for the Prevention of Industrial Ikastetxea, Mondragon Goi Eskola Politeknikoa, Orkli, Hazards, OHSAS, adding to the 3 obtained in 2004, the year in which this certification was first introduced.
    [Show full text]
  • SPAR International Annual Review 2017 2017 Year at a Glance the 2017 Statistics Show the Continuing Strength and Attractiveness of the SPAR Brand Globally
    SPAR International Annual Review 2017 2017 year at a glance The 2017 statistics show the continuing strength and attractiveness of the SPAR Brand globally. GLOBAL RETAIL 12,777 SALES AREA +5.3% stores globally €34.5 sales billion growth GLOBAL SALES 7.4 MILLION AVERAGE 13.5 STORE SIZE GLOBALLY MILLION 105 CUSTOMERS RETAIL & SERVed PER DAY 48 WHOLESALE countries PARTNERS 581 DISTRIBUTION €4,644 242 CENTRES 232 AVERAGE ANNUAL SALES 350,000 ADDITIONAL GLOBALLY SPAR COLLEAGUES STORES GLOBALLY per m² EMPLOYED “ In 2017, the SPAR worldwide organisation Managing Director’s Report achieved excellent growth of 5.3%. The renaissance in neighbourhood retailing in Europe, further international expansion and tailoring SPAR formats to different markets were all key drivers of this strong performance.” Tobias Wasmuht, Managing Director, SPAR International A YEAR OF enhancing the competitiveness, productivity UNPRECEDENTED and profitability of our retail and wholesale EXPANSION partners worldwide. Reaping the benefits of this shared scale and strength has never With the launch of SPAR in five new countries been more important than it is today. combined with a growth of 232 new stores and a sales increase of 5.3% to €34.5 billion, SPAR’s ability to localise, and take a tailored 2017 has been an unprecedented year of approach to integrate into individual markets, expansion for SPAR internationally. informed by international best practice and working better together, has secured its Our SPAR ‘Better Together’ strategy position as the world’s largest voluntary food launched in 2016, represents SPAR’s core retail chain, with 12,777 stores in 48 countries ethos of uniting together the global scale and global turnover of €34.5 billion at the end and resources of the SPAR network so that of 2017.
    [Show full text]
  • Personal Shopping Se Stane Samozřejmostí
    ročník II., 9/2012 www.retailinfo.cz Komu zůstává Černý Petr? Web „Potraviny na pranýři“ vyvolává nadšení i nesouhlas str. 14 Jak a kde Češi nakupují? str. 16 V EU je nejdráž ve Skandinávii, Česko osmé nejlevnější str. 18 Tržby v Rusku táhnou růst trhu str. 22 Hygiena prodeje potravin: Opatření a sankce str. 24 Počet lidí s potravinovými omezeními roste. I dieta může chutnat str. 32 Z příloh k jídlům vedou těstoviny str. 34 Personal Shopping se stane samozřejmostí. Rozhovor s ing. Martou Novákovou, jednatelkou a generální ředitelkou společnosti U&Sluno str. 12 Vaše inzerce v Nejkompletnější informace v jednom inzerátu! Z vaší inzerce přímo na váš web. Vaše inzerce Možnost vložení fi lmové prezentace. osloví čtenáře na 100 % Editorial Retail Info Plus Ročník II., 9/2012 Vydavatel: Press21 s.r.o. Web, který zvyšuje Holečkova 100/9 150 00 Praha 5 – Smíchov www.press21.cz hladinu adrenalinu Retail Info, s.r.o. Web, který sjednotil znesvářené strany, hřešky spojené s jejich prodejem si větši- Milíčova 413/1 tedy alespoň v jednom bodě. Tak bychom na návštěvníků webu dokáže domyslet, že 130 00 Praha 3 – Žižkov mohli také charakterizovat webový por- prodej „rozteklé“ mražené zeleniny bude www.retailinfo.cz tál www.potravinynapranyri.cz Státní ze- vina obchodníka, ale housenka v konzervě Redakce: mědělské a potravinářské inspekce, který sterilovaného hrášku patrně do obchodu Ing. Eva Klánová byl spuštěn 10. července letošního roku. připutovala od výrobce… šéfredaktorka O portálu, na kterém jsou uveřejňovány V žádném případě nechci situaci zleh- tel.: +420 606 414 301 potravinářské výrobky, které při svých čovat. Jde o prestiž fi rem a značek, které e-mail: [email protected] kontrolách zachytila inspekce, a jejich reprezentují, a o současné i potenciální ob- Inzerce: prodejci, se před jeho spuštěním hovořilo raty.
    [Show full text]
  • 00 Directorio Desayunos Y Meriendas Con Corazón 2019
    RESP. Enseña Nombre Dirección CP Ciudad Provincia CCAA Teléfono Hipermercado Alcampo ALMERIA Prolongación Avda Mediterraneo, s/n 04006 Almería Almería Andalucía 950144444 Hipermercado Alcampo Jerez C.C. Luz Shoping. Ronda Aurora Boreal 3 A 11408 Jerez Cádiz Andalucía 955813704 Hipermercado Alcampo Sanlucar de Barrameda Avda. de El Puerto de Santa María, s/n. P.C. Las Dunas 11540 Sanlucar de Barrameda Cádiz Andalucía 955963806 Hipermercado Alcampo GRANADA Avda. Juan Pablo ll, 88 18013 Granada Granada Andalucía 958159339 Hipermercado Alcampo Motril Avda. Salobreña, s/n. Polígono La Puchilla 18600 Motril Granada Andalucía 958605500 Hipermercado Alcampo LINARES Avda. San Cristóbal, s/n 23700 Jaén Jaén Andalucía 953600206 Hipermercado Alcampo MARBELLA C.C. La Cañada. Ctra. N-340, salida a Ojén 29600 Marbella Málaga Andalucía 952866650 Hipermercado Alcampo SEVILLA Ronda del Tamarguillo, 27 41006 Sevilla Sevilla Andalucía 654662233 Hipermercado Alcampo Sevilla-Este Periodista José Antonio Gamendia, 3 41020 Sevilla Sevilla Andalucía 951478160 Alcampo HUESCA Ctra Zaragoza s/n 22004 Huesca Huesca Aragón 974 21 12 78 Mi Alcampo Almudevar c/ San Blás nº 4 22270 Almudevar Huesca Aragón 651 361 589/ 974 25 00 85 Alcampo BARBASTRO MERCADO Pablo Sahún nº2 22300 Barbastro Huesca Aragón 974 308 826 Alcampo BARBASTRO C.N. 240, Km 160 22300 Barbastro Huesca Aragón 974 31 39 11 SiMPLY City Boltaña P.I. Industrial Troteras, Nave 2 22340 Boltaña Huesca Aragón 974 51 80 69 Simply MONZON C/ Francisco Tomás y Valiente 22400 Monzón Huesca Aragón 974 417 156 Simply FRAGA Cabañeras Real Jaime ICABAÑERAS 22520 Fraga Huesca Aragón 974 474 899 Tienda Belver de Cinca CALLE SANTA ANA, 6 22533 Belver de Cinca Huesca Aragón 974 46 94 41/662 29 84 48 Tienda Albalate de Cinca CARRETERA DE BELVER 23 22534 Albalate de Cinca Huesca Aragón 974 468959 Hipermercado Alcampo TERUEL Avda.
    [Show full text]
  • Trade for Development Centre - BTC (Belgian Development Agency)
    Trade for Development Centre - BTC (Belgian Development Agency) 1 Trade for Development Centre - BTC (Belgian Development Agency) Author: Facts Figures Future, http://www.3xf.nl Managing Editor: Carl Michiels © BTC, Belgian Development Agency, 2011. All rights reserved. The content of this publication may be reproduced after permission has been obtained from BTC and provided that the source is acknowledged. This publication of the Trade for Development Centre does not necessarily represent the views of BTC. Photo courtesy: © iStockphoto/Mediaphotos Cover: © CTB Josiane Droeghag 2 Trade for Development Centre - BTC (Belgian Development Agency) ......................................................................................................................................... 3 ............................................................................................................................ 4 .................................................................................................................... 5 1.1 Consumption .................................................................................................................... 5 1.2 Imports .............................................................................................................................. 5 1.3 Supplying markets ........................................................................................................... 5 1.4 Exports .............................................................................................................................
    [Show full text]
  • Financial Report
    2008 FINANCIAL REPORT Carrefour SA with capital of 1,762,256,790 euros RCS Nanterre 652 014 051 www.groupecarrefour.com 2008 FINANCIAL REPORT OTHERS PUBLICATIONS: 2008 Sustainable Development Report 2008 Annual Report ADDITIONAL INFORMATION AND GROUP FINANCIAL REPORTS ARE AVAILABLE AT WWW.GROUPECARREFOUR.COM Design, creation, copywriting and production: Translation: Photocredits: Carrefour Photo Library, Lionel Barbe. Paper: The Carrefour Group is committed to the responsible management of its paper purchasing. The paper used in the 2008 Challenges Booklet is FSC (Forest Stewardship Council) certified. This certification attests to its compliance with a set of internationally recognised forest management principles and criteria. The aim of the FSC is to promote environmentally responsible, socially beneficial and economically viable management of the Earth’s forests. Printing: This document has been produced in association with RR Donnelley. The print facility used is CarbonNeutral® and its Environmental Management System is certified to ISO14001:2004. CONTENTS CONSOLIDATED FINANCIAL STATEMENTS 02 Management Report 09 Consolidated Financial Statements 13 Notes on the Consolidated Financial Statements 45 Companies consolidated by full integration as of 31 December 2008 53 Companies consolidated by the equity method as of 31 December 2008 54 Statutory auditors’ report on the Consolidated Financial Statements REPORT BY THE CHAIRMAN OF THE BOARD OF DIRECTORS 56 Report by the Chairman of the Board of Directors 66 Statutory auditors’ report on the Chairman’s Report ADDITIONAL INFORMATION 68 Consolidated store network 72 Commercial statistics CONSOLIDATED FINANCIAL STATEMENTS MANAGEMENT REPORT Accounting principles The Carrefour Group’s consolidated financial statements for fiscal The income statement as of 31 December 2007 is presented for the year 2008 have been drawn up in accordance with IFRS previous period.
    [Show full text]