Alcampo Returns to Profit in Spain with €11M, Restructuring Cost €16.5M

Alcampo, the Spanish arm of French retailer Auchan, returned to profitability with €11 million earnings after a restructuring that closed 22 stores and cut over 600 jobs, costing €16.5 million. The turnaround signals improved operational efficiency, though the company's long-term competitiveness in Spain's crowded grocery market remains uncertain.