Esselunga news

28 March 2017
Italy-based Esselunga saw sales increase by 3.1% in 2016 to €7.54 bn. The growth in sales came despite the retailer saying that average prices at its stores fell by 1.1%. New stores and shoppers drive growth Esselunga said that the number of shoppers in its stores rose by 4.4% in 2016. This rise offset the fall in prices, which was driven by its investment and promotional activities across ...
15 March 2017
Italy-based Esselunga has opened its first two click and collect locations under the ‘ Clicca e vai ’ (‘ Click & Go ’) brand. The service bolsters Esselunga’s ecommerce fulfilment solutions and underlines the growing importance of online in Italy following announcements from rivals in the country. Solution adds to fulfilment options The Click & Go service adds to Esselunga’s existing range ...
10 November 2016
As Esselunga announces its H1 results, Unes-owned U2 expands its premium private label range and Conad discusses new strategic initiatives, we round up news from the market. Esselunga enjoys sales growth in H1 Esselunga has said that sales rose 4.1% to €3.76 bn, with both net profit and operating profit outstripping this pace at 7.7% and 7.1% respectively. The retailer said that its sales g...
06 October 2016
The sale of Esselunga has been suspended for now following the death of its founder, Bernardo Caprotti. Second wife and daughter in control of holding company News has emerged today (6th October) that Mr Caprotti had given 70% of the shares in the holding company, Supermarkets Italiani, to his second wife Giuliana and their daughter Marina. His other two children received a stake of aro...
14 September 2016
Italian retailer Esselunga is reported to be up for sale. Private equity funds interested  According to various reports, Esselunga's founder Bernardo Caprotti has appointed Citigroup to assess expressions of interest that have come from private equity funds. The funds mentioned so far are CVC Capital Partners and Blackstone. It's conceivable that another retailer may be interested, howe...
31 March 2016
Turnover at Italian retailer Esselunga was up 4.3% in 2015, to EUR7.3bn. Net profit was up 37% to EUR290m. First store in Rome this year Esselunga invested EUR400m in 2015, contributing to more than EUR1.8bn over the past five years. Store openings in 2015 focused on its heartland of northern Italy. In 2016, it will open its first store in Rome. Price cuts boost customer base Pri...
07 April 2015
Esselunga has reported a 0.8% increase in sales for 2014, against a background of retail price deflation and a struggling market across Italy. Net profit was up 0.9%. Price cuts boost customer numbers Price cuts are a core part of Esselunga's strategy, and led to an 8.5% increase in customer traffic for the retailer. New stores planned for 2015 Esselunga opened nine new stores in 20...
27 January 2014
Italian retailer Esselunga has ended 2013 with sales of over EUR6.9bn, up 1.7% on 2012. Increase achieved against contracting consumption According to Italian press reports, Esselunga's growth came against a background of significantly contracting consumption, even in food. EBIT was down on the previous year's figure, as Esselunga maintained prices at 2012 levels, without transferring inc...
20 January 2014
Italian retailer Esselunga has redesigned its e-commerce site, according to local press reports. Redesign covers functionality as well as look and feel The site, Esselunga a Casa , has been completely redesigned to include larger images for clarity, a navigation bar, and new checkout system. The virtual shopping trolley can be organised by category, e.g. dairy produce, fruit, meat, and ...
26 February 2013
Italian retailer Esselunga has ended 2012 with a turnover of €6.8bn, up 3% on 2011. Prices held at 2011 levels Esselunga achieved the sales growth without increasing prices, according to the press reports.  The retailer invested some €380m in 2012, in real estate development projects.  One of these is a large store in central Milan, one of the largest in the area, which we saw under con...