Traditional retailers ramp up store openings despite a slowdown!
- Alcampo, Eroski & Consum aim to grab market share from leaders Mercadona & Carrefour.
- Discounters Aldi & Lidl see high growth with aggressive expansion plans.
- Dia shrinks store count through closures & sales.
- Discounters projected to capture 23.1% market share by 2028!
Overall food sales in Spain to rise 3.3% in 5 years, fueled by:
- Discount stores
- Convenience stores (12.2% market share expected)
- Online grocery sales (4% market share projected)
How is your brand facing this slight decline in share?