Overview

• Alcampo's restructuring plan will impact 152 establishments, including the closure of up to 25 stores and workforce reductions affecting 3% of its 23,300 employees.
• The company has provided unions with a list of affected hypermarkets and will initiate negotiations regarding the collective dismissal process.
• The 2023 acquisition of 224 Dia supermarkets revealed integration challenges, with some locations underperforming due to misalignment with Alcampo's business model.
• In addition to closures, Alcampo is modernizing over 60 stores, reducing the size of 15 hypermarkets, and enhancing its online shopping platform.
• The transformation strategy includes a new logistics platform and a long-term renewable energy agreement to boost operational efficiency and sustainability.