Catalonia is the market where Eroski has suffered most in the last year. As detailed in the recent annual report published in the CNMV, the sales of the Basque cooperative in this community has fallen by 9% compared to the rise of 1.6% in the Basque Country and 2.8% in Galicia.

Eroski seeks an industrial partner to meet the demands of banking
Revenue in Catalonia up to 801.6 million euros in the last year, from 881.8 million the previous year. This community is the third market of the Basque cooperative after the purchase of the Caprabo in 2007. A Catalan label that is suffering the regional strength of Condis and Bonpreu, along with the great conquest of Mercadona and Lidl in the region.

The setback in Catalonia has made Galicia now become the second Eroski market, after increasing its sales by 2.8% to 861 million. A region where the cooperative collects the majority of its sales thanks to its subsidiary Vegalsa. Although, far above Catalonia and Galicia, the first Eroski market is still the Basque Country. At home, the company collects 1,561 million of the total of 4,698 million it bills, 33%.

Catalonia is also the third Eroski market in terms of the store network. As of January 31, 2019, the company has 304 establishments, seven less than in the previous year. The chain has 245 owned (239 supermarkets, a hypermarket, a gas station, a Forum Sports store and three travel agencies). The rest are 59 supermarkets that are in the hands of franchisees.

Source: vozpopuli.com

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