Spanish retailer Eroski is to invest EUR15m (US$19.7m) in the expansion of its franchise store network in Spain this year.
The investment, announced yesterday (5 March), will see the opening of 60 stores across Asturias, Castilla Leon, Castilla la Mancha, Madrid, Andalusia and Catalonia. Around 325 jobs are expected to be created through the store openings.
The new franchises are part of a strategy by Eroski to open 150 stores between 2011 and 2013. The stores will incorporate updates to the Eroski City model that will include improved supply systems, distribution and technology.