Italian retailers have revealed a mixed bag of full year sales results during 2021. Selex announced it increased its 2021 sales turnover by 4.3%, compared to 2020. Meanwhile, Coop Italia and Coals revealed a decline in sales during the same period. Whereas Gruppo VéGé achieved a growth in its 2021 sales and remains fifth in the grocery market. Selex sees increased turnover in 2021 Gruppo Se...

As part of its annual general meeting, Spain-based retailer alliance Grupo IFA has reported its 2021 results with a total consolidated turnover of €33.2 bn, across all its operations in Spain, Portugal and Italy. Who is Grupo IFA? Grupo IFA is the leading retail group by surface area in the Spanish and Portuguese markets and comprises 34 affiliate members and 137 affiliated companies. In...

Italy’s market leader Conad has announced its 2021 results, its total network achieved a turnover of €17 bn an increase of 6.5% compared to 2020. Conad claims its market share has consolidated over the last 12 months, reaching 15.07%. Conad plans to continue to invest €1.8 bn for its three-year investment plan (2021-2023) to modernise its sales network, which focuses on shopper needs, sustaina...