Carrefour Spain Invests Over €84m in Price Reduction Initiative
Carrefour Spain is investing over €84 million this year in a series of price reductions to support its customers amidst cost-of-living concerns.
From September, Carrefour has reduced prices on 2,500 basic items in the shopping basket. These reductions include significant discounts on products like turkey sausages (-12%), Maria biscuits (-10%), cheeses, pasta, coffee (all with price reductions of 9%), canned tuna (-6%), as well as bread, soft drinks, beer, and detergents.
Since January, Carrefour Spain has implemented several waves of price reductions, covering 2,500 products, including fresh items and manufacturer brands, with prices dropping by an average of 7%.
Carrefour offers over 8,000 own-brand SKUs, providing customers with a wide selection of high-quality items at competitive prices. Significantly, 40% of the items that have dropped in price throughout the year are Carrefour products.
The company is also a leader in promotional activities, with its ‘3×2’ promotion being a popular and well-known offer, applied to more than 5,000 basic products in the shopping basket.
Carrefour’s El Club Carrefour loyalty programme allows customers to save on purchases and accumulate benefits. Additionally, the company offers the possibility of deferring payment without interest for up to 6 months, providing customers with flexibility in managing their expenses.
The latest measures are seen as another step in the price war against Spanish market leaders Mercadona, Lidl and Dia.
Related news
Lidl Switzerland Tests AI-based Solution For Managing Climate Data
Lidl Switzerland is testing an AI-supported tool that will help…
Read more >Magnitude 5.5 earthquake hits Southern Spain
A 5.5 magnitude earthquake struck southeastern Spain this morning, shaking…
Read more >Lidl supports the Foundation for the Development of the Heim Pál Children’s Hospital
Lidl Hungary has been supporting the Heim Pál Children’s Hospital…
Read more >Related news
Starbucks calls corporate employees back to the office — or take a payout
Starbucks Corp. wants its corporate employees to spend more time…
Read more >At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Sándor Czomba: the purchasing power of salaries has been continuously increasing for more than 1.5 years
Brussels has been pursuing a flawed economic policy for a…
Read more >