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
Nearly 80% Of Spanish Consumers Believe Own-Brand Quality Has Improved, Aldi Says
Nearly four-fifths (80%) of Spanish consumers believe that the quality…
Read more >Carrefour Polska Launches New Pricing Policy For Essential Products
Carrefour Polska has initiated a new strategy, effective from March,…
Read more >Kraft Heinz Expands Alfaro Manufacturing Plant In Spain
Kraft Heinz has completed a significant expansion of its Alfaro…
Read more >Related news
GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >Online grocery shopping also surged ahead of Christmas
The run-up to Christmas affected sales by online supermarket Kifli.hu…
Read more >Gift ideas from AI
Just before Christmas Target’s generative AI-powered Bullseye Gift Finder made…
Read more >