A supermarket opens in Madrid with 1,500 products for just one euro

It’s no secret that shopping cart price increased and it will likely continue to grow (while catastrophic, it may only get better). That’s why War supermarket in Spain it is intensifying. A new network, originally from the Netherlands, is about to arrive in our country with a value proposition that promises to revolutionize the sector: action. WITH more than 2000 stores throughout Europecharacterized by offering a wide selection of products at very low prices, many of which cost less than one euro.

Where will the new supermarket open with 1,500 euros worth of products?

Action was born in the Netherlands in 1993 with the idea of ​​offering consumers quality products at very competitive prices.. Its business model is based on a combination of private label products, private label products and seasonal products, always at very attractive prices. Thanks to its success at home, Action began expanding across Europe, opening stores in countries such as Belgium, Germany, France and the UK. In Spain, So far they have opened 32 supermarkets.to which we must add the newly opened one. It is located in C/ de Alberique, 16, San Blas Canillejas, 28037 Madrid, in the San Blas Shopping Center..

One of the company’s goals is to market products that manage CO₂ emissions, so some are made from 100% cotton and sustainably sourced wood.. The company hopes to achieve its goal of 100% sustainable timber supply by the end of 2024. They buy products in bulk so they can offer their own name-brand products at lower prices⁠. One of the striking features of this network is the constant change in offer. TThey offer 150 new products every week.which makes every visit to one of their establishments unique.

Despite the fact that they are a large chain that logically seeks economic profit, they are not oblivious to the problems of society. They donated 1 million euros to UNICEF to help millions of people affected by the war in Ukraine.. They cooperate with the Red Cross, the People for People Foundation, Children’s Villages, and, from 2022, the Johan Cruyff Foundation. Together with the latter, they develop sports projects around the world for the most disadvantaged children and youth.

What is the capital of the chain of actions?

More than a thousand supermarkets, 3.4 billion turnover And ebitda 400 million. Ebitda is a financial metric (an acronym for Earnings Before Interest, Depreciation, and Amortization) that shows your company’s earnings before deducting the interest you owe on debt incurred, your business taxes, and depreciation. due to wear and tear and amortization of the investments made.

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