On March 13, Mercadona, Spain‘s largest grocery retailer (1,674 stores in Spain and Portugal, 110,000 employees) reported gross sales of €38.84 billion, up by 9%, after a 15% increase in 2023. Despite investments of €650 million made to lower prices and the recruitment of 6,000 staff, net profit increased by 37% to €1.38 billion.
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