date:May 16, 2014
Spanish supermarket chain Eroski said today that it has managed to reduce its annual losses by 15.7% over the past year.
Eroski, the co-operative chain which falls under the Mondragn Corporation group, managed to cut its losses by 19 million to 102 million in the 12-month-period.
In a statement released today accompanying its full-year figures, Eroski said that it was able to reduce losses by cutting the prices of thousands of FMCG products. These cuts lead to customer savings of 79 million f