Mercadona turnover increases by 6% in 2018
Mercadona has reported FY2018 sales of EUR24.31 billion for the period ended on 31 December 2018, an increase of 6% in same-store sales growth. Net profit was EUR593 million, 84% more than in 2017.The retailer invested EUR1.50 billion during FY2018, an increase of 50% over 2017.
Mercadona launched its Integrated Supplier Model, which currently has 1,400 suppliers, including both integral and specialist suppliers. The new on-the-go food section, ‘Listo para Comer’ was incorporated in 11 supermarkets. The retailer launched its 'Colmena' online warehouse in Valencia featuring a centralized preparation and distribution process for e-grocery orders.