Alcampo, the Spanish unit of French retailer Auchan, has announced that it will close 25 supermarkets in Spain and cut up to 710 jobs, as part of a restructuring plan.
Currently, Alcampo operates 525 stores in Spain, including 80 hypermarkets, 445 supermarkets and 52 fuel stations.
The supermarket closures will impact stores across ten regions: Madrid, Navarra, Castilla-La Mancha, Castilla y León, La Rioja, Cantabria, Catalonia, Aragon, Asturias, and the Basque Country.
The eight hypermarkets slated for restructuring are located in Alcorcón, La Vega (Alcobendas) and Majadahonda – all in Madrid – Castellón, Albacete, Sanlúcar (Cádiz), Jerez de la Frontera (Cádiz) and Sevilla Este (Seville).
The closures are partly attributed to the acquisition of over 220 DIA stores in 2023, for over €200 million, some of which proved unsuitable for Alcampo’s business model.
The company aims to adapt to changing consumer preferences by reducing the size of 15 existing hypermarkets and renovating over 60 stores, in addition to consolidating its online presence and launching a new logistics platform.
Full story Auchan’s Spanish Unit Alcampo To Shutter 25 Stores, Cut Over 700 Jobs - Trademagazin
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