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Category

Business

Latest Business news and updates about Spain.

business

Carrefour Faces New Challenges: Product Labeling and Supplier Pressure

In a significant development that could impact the shopping experience for expats and locals alike in Spain, French retail giant Carrefour has been making headlines with its stringent new policies on product labeling and supplier compliance.

Nutri-Score Labels: A New Standard

Carrefour, which has been using the Nutri-Score nutrition labels on its own-brand products since 2019, is now demanding that all its suppliers include these labels on product information displayed online. The Nutri-Score system, launched in France in 2017, provides a colour-coded ranking of a product's nutritional quality on a scale from A to E, making it easier for consumers to make informed choices.

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business

Google Faces Backlash from Spanish Editors Over Content Limits

In a significant development that highlights the ongoing tensions between tech giants and content creators, Google has been rebuffed by a union of Spanish editors over its policies on content limits and revenue sharing.

The Dispute

The dispute centers around Google's insistence on limiting the amount of content that news publishers can display on its platform, a move that the editors argue severely impacts their ability to generate revenue. The Spanish Editors' Association, a body representing a wide range of news outlets, has vehemently opposed Google's stance, citing it as a threat to the financial sustainability of their publications.

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business

IKEA Santander Reopens El Alisal Store with Expanded Offerings

In a significant development for shoppers in the Cantabria region, IKEA has reopened its store in El Alisal, Santander, after a period of renovation and expansion. The reopening, which took place on November 15, 2024, marks a new era for the popular furniture retailer in the area.

Enhanced Shopping Experience

The revamped store boasts a substantial increase in space, allowing for a broader range of products to be showcased. This expansion is set to enhance the overall shopping experience for customers, providing them with a more comprehensive selection of IKEA’s signature furniture and home decor items.

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business

Is Black Friday Still Worth It? The Reality Behind the Discounts

As the holiday season approaches, the anticipation for Black Friday, one of the most significant shopping events of the year, is building up. However, a closer look at the trends and consumer behavior raises an important question: are the discounts on Black Friday as enticing as they seem?

The Origins and Evolution of Black Friday

Black Friday, originating in the United States, is traditionally celebrated on the last Friday of November, following Thanksgiving. The event was named for the practice of using black ink to record profits, as opposed to red ink for losses. Over the years, it has evolved into a global phenomenon, with many countries, including Spain, embracing the concept of deep discounts and extended shopping periods.

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business

Surging House Prices and Evolving Mortgage Landscape in Spain: What Expats Need to Know

As the Spanish housing market continues to experience significant growth, expats considering purchasing a home in Spain need to be aware of the latest trends and forecasts. Here’s a detailed look at what’s happening and how it might impact your decision.

Rising House Prices

According to recent predictions from CaixaBank Research, housing prices in Spain are expected to rise more sharply than previously estimated. Judit Montoriol, the Lead Economist at CaixaBank, suggested during the IV National Housing Congress in Malaga that house prices will accelerate due to several key factors.

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business

Rising Housing Costs in Spain: The Shift to Seasonal Rentals

In a bid to navigate the escalating housing costs in Spain, particularly in urban areas like Barcelona, many residents are turning to seasonal rental agreements as a temporary solution. This trend has been highlighted by the experiences of several individuals, including a resident from the Nou Barris neighborhood in Barcelona.

The Case of a Nou Barris Resident

A resident of Nou Barris, who wished to remain anonymous, recently shared his ordeal with the housing market. After living in the same apartment for six years, he was faced with the daunting task of signing a new eleven-month rental contract. This change was necessitated by the landlord's decision to avoid the strict regulations and price caps imposed on long-term rentals.

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