Eroski, the fourth largest supermarket chain in Spain, sees store openings and strong commercial initiatives translated into sales growth. The retailer is strengthening its financial position and investing in artificial intelligence.
Efficiency improvements
Eroski sales grew 2.7 % to 5.9 billion euros in the financial year ending 31 January 2025. Operating profit remained stable at 259 million euros despite rising costs, but net profit fell 24 % to 81.7 million euros, due to an increase in corporate tax and the repayment of 59 million euros in debt, strengthening the group’s financial structure.
The retailer refurbished 36 stores to the new generation concept last year and also opened 60 new stores, 53 of which are franchised. At the same time, the company is betting on cost savings and efficiency improvements in shops and logistics. Eroski will invest 100 million euros in the development of advanced demand forecasting algorithms, the personalisation of commercial actions and the application of artificial intelligence to optimise the price, assortment and promotion mix. Structural price reductions for 2,000 products last year and 700 more this year should strengthen its competitive position.
“Despite the current volatility, we have shown remarkable resilience and consolidated our position as a solid and growing group”, CEO Rosa Carabel concludes. This year, the retailer expects to cross the milestone of six billion euros in sales.
