Italy news

29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...
12 July 2021
Coop Italia has announced half its cooperatives saw increased sales in 2020. Coop Italia’s individual cooperatives Coop Italia comprises of: Unicoop Firenze Coop Alleanza 3.0 Novacoop Coop Liguria Coop Lombardia Coop Centro Italia Unicoop Tirreno Coop Italia’s results breakdown Coop Lombardia reported growth of 9.3%, generating sales of €1.05 bn in 2020. The ...
09 July 2021
Gruppo VéGé is set to expand its network in northern Italy, in partnership with DADO SpA, while Famila has also declared it plans to expand its network in 2021 too. Additionally, SPAR Italy has revealed four new store launches, which focus on a local and sustainability approach. Gruppo VéGé collaborates with DADO SpA   Gruppo VéGé plans to continue to expand its network in northern Italy. T...
23 June 2021
Spain-based buying alliance Grupo IFA, which includes members in its home market, Portugal, and Italy, has announced its consolidated turnover reached €32.2 bn in 2020, a rise of 21.8% on 2019’s figure. Strong growth seen across southern Europe markets Grupo IFA’s members in Spain, in conjunction with Portugal-based Sonae MC and Italy’s Gruppo VéGé together operated a total retail sales are...
07 June 2021
As it looks to expand online and meet a greater range of shopper missions, Carrefour has established new partnerships in France, Italy and Spain to help it win. Carrefour and La Poste collaborate for the Pickup Drive in France… Carrefour and La Poste have announced plans to work together to offer shoppers better and easier access to further services. Carrefour is working with La Poste’s sub...
18 May 2021
The Italian market has been adapting throughout Q1 2021, as lockdown restrictions have eased. Tuodi has launched a new store format, Tuodi Maxi, which focuses on fresh and affordable products. Meanwhile, Gruppo VéGé has partnered with Glovo to provide home delivery in 40 minutes and Coop Italia has introduced a 100% recycled PET water bottle, as part of its sustainable commitments. Italy reduc...
05 May 2021
After SPAR’s local partners in Italy, Hungary and Slovenia report their results and performance in 2020, we round up how they have increased sales and the reasons behind this growth. DESPAR Italia enjoys turnover growth of 8.4% in 2020 Despar Italia reported its turnover reached €3.9 bn in 2020, up 8.4% on 2019’s results. While demand was aided by the pandemic, the company said its perfor...
23 April 2021
Carrefour reported turnover rose 2.2%, at constant exchange rates, to €18.56 bn. Its performance in Latin America and Asia drove top line growth, while in like-for-like terms the retailer saw a benefit from its operations in France and Latin America. Its first quarter results enabled it to confirm its operational and financial objectives, which it laid out as part of its 2022 strategic plan. T...
16 March 2021
As Carrefour receives approval for its takeover of Supersol in Spain and cuts prices on everyday staple products, amongst other developments, we round up news from the retailer. Carrefour completes acquisition in Spain… Carrefour’s acquisition of the Supersol chain has been approved by the local competition authority, Defensa de la Competencia, which will enable it to complete its €78m purc...