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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.

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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...
Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...

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.
View all presentations

Key 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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