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Announcing its full year results, Carrefour has reported like-for-like sales growth of 7.8%, as sales, including VAT, reached €78.6 bn. The retailer also saw an improvement in its recurring operating margin, which increased to 3.1%, from 2.9%, with its recurring operating income rising by 16.4% to €2.1 bn.

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Amazon has launched its Fresh grocery delivery service in Italy, initially available in Milan. The retailer also announced it is planning to launch an online store in Poland. Amazon Fresh launches in Milan Customers in Milan now have access to more than 10,000 products from categories including meat, fish, fruit and vegetables, pasta, organic, eggs, home care, and local artisanal products. ...
Market leader Conad has announced its preliminary results and is expecting to have generated a turnover of €15.7 bn, an increase of 10.2%, in 2020. Meanwhile, Todis revealed its results, saying it had seen an increase in turnover and like-for like (LFL) sales. Conad’s sales performance in 2020 Conad announced its preliminary results for 2020, saying it expected to increase its turnover by 1...
Italy-based Gruppo Selex announced it expects to have increased its turnover by 31.7% to €16.2 bn in 2020. Meanwhile, it said it had enjoyed a strong start to 2021 with the joining of the SUN consortium as shareholders. Strong sales performance Selex announced its total turnover is expected to reach €16.2 bn in 2020, an increase of 31.7% compared to 2019. The group ended 2020 with 3,207 sto...

Presentations

22/12/2020
13 sustainability case studies, we have spotted in the food and CPG industry, during the fourth quarter of 2020.
16/12/2020
Understand how Carrefour's global strategy has been impacted and accelerated by COVID-19 and how it is looking to evolve and embed its model and organisation as part of its aim ‘to be the world leader [for] food transition for all’.
14/12/2020
We consider the five key trends set to shape grocery retail in Western Europe in 2021. We're seeing retailers double down on their drive for value, while digitalisation continues to make the customer experience more convenient and efficient. Ecommerce has accelerated, with online no longer being a small part of many businesses. Meanwhile, retailers are innovating with formats and ranges to stay relevant in a changing world, while sustainability remains at the heart of retailer strategies.

Key presentation

Italy country presentation

This guide to Italy explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

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