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DIA 2017 Capital Markets Day: Company Sees Growth Opportunities in LatAm Expansion and Spanish E-Commerce

Executive Summary

  • At DIA’s third Capital Markets Day, management emphasized the company’s strategy of customer centricity, which has put customer data and views at the heart of decision making since 2012.
  • DIA’s growth has been fueled by strong performance in Latin America. The company plans to grow store numbers significantly in Brazil and Argentina by 2020.
  • The company is reducing costs by renegotiating store leases, driving productivity in logistics, and entering into commercial alliances with other major retailers.
  • In Spain, DIA expects to grow its online sales by six times, to more than €120 million, by 2020. E-commerce could be a significant competitive advantage for DIA in a Spanish market that is still in a nascent phase of online grocery development.

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