Eroski Investment Illustrates Spanish Retail Offers Opportunities For Expansion

Spain's fourth largest retailer Grupo Eroski has announced plans to expand its Caprabo supermarket chain through the launch of 100 new franchise outlets in Catalonia. The move comes despite the firm reporting a sales decline in 2009 in line with the country's weakening economic environment and supports our view that the Spanish retail sector holds long-term potential, despite its current

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