Carrefour, the leading European supermarket giant, is strengthening its presence in Spain with plans to open 100 new stores in 2025, according to a report in European Supermarket Magazine.
The move is described as being part of a wider expansion strategy, backed by a €150 million ($174 million) investment, that has seen Carrefour launch 691 stores in Spain since 2019, bringing its total network in the country to over 1,600 locations.
Commenting on the move, Carrefour Spain executive director Elodie Perthuisot described the move as being part of a “highly ambitious expansion plan”.
“Our strategy combines a range of formats including hypermarkets, supermarkets and local and convenience stores”, she said, adding: “We want to be where our customers are and offer them the best prices, which is how Carrefour Spain differentiates itself”.
Carrefour is reportedly focusing in particular on its small-format Carrefour Express stores, and has also recently opened an outlet in central Madrid under the banner Carrefour City, designed to cater especially to tourists.
Source: ESM / Distribucion Actualidad / Europa Press