Spain-based buying group Euromadi has said that aggregate sales reached €17.7 bn in 2016, up from €13.7 bn in the previous year. The addition of Auchan to its membership helped boost the overall aggregate sales figure, it noted. Improving economy supporting members’ growth Euromadi said that its aggregate sales figure had been aided by improvements in the local economy, which had led to a m...

Jaime Rodríguez, president and chief executive of Spain-based retailer alliance Euromadi Ibérica, has revealed in an interview with local trade publication infoRETAIL, that its members had a strong 2016. Euromadi Ibérica is itself a member of international retail alliance EMD. Strategic initiatives and market growth boost performance Rodríguez said like-for-like sales of Euromadi’s members ...

As two of EMD’s members announce results, Italy-based Selex and Spain-based Euromadi, we look at how the two organisations have performed in 2015 and what drove their growth in the year and continues to do so in 2016. Selex sees sales rise 5.6% in 2015 in Italy Selex has announced its 2015 results at its Annual Assembly saying that its total turnover rose 5.6% to €9.95 bn. The company said ...