Madrid, October 17 (EFE) – Supermarket chain Consum has acquired nine supermarkets from the Economy Cash brand and plans to grow by 5% this year, general director Antonio Rodriguez said this Thursday. Presented at the 39th Mass Consumption Conference. Aycock Employers Association.
At a press conference, Rodríguez explained that the company has added nine stores (seven in the Valencian community, one in Tarragona and one in Murcia) and is awaiting approval from the competition to open to the public in 2025.
With sales of 4,388 million euros last year and more than 933 supermarkets both owned and franchised in Catalonia, the Community of Valencia, Murcia, Castilla-La Mancha, Andalusia and Aragon, the cooperative looks forward to continued growth next year. I plan to continue. As shown, 18 company-owned stores and 35 franchised stores have opened.
According to the company’s data, it is expected to generate 101 million euros in 2023, with annual growth of 5% in 2024, while in 2025 it will also be able to focus on streamlining expenses and improving productivity. It is said that it will become like this. EFE
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