Conad news

26 March 2021
Trade publication Lebensmittel Zeitung has reported that Edeka is to leave the AgeCore buying alliance. The step follows its establishment of the Everest alliance with Netherlands-based, pureplay retailer Picnic. Short term uncertainty likely to be resolved in 2021 Although Edeka’s departure has not been completed, as talks are on-going about the sale of its shares, if it is confirmed i...
18 January 2021
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...
13 July 2020
Carrefour Italia has introduced a dedicated section for organic products and plans to continue launching eco-friendly products. Meanwhile, Coop Italia plans to continue to invest as it looks to improve its customer support measures during the coronavirus pandemic. Finally, one of Conad’s cooperatives set out its €350m investment plan alongside its FY 2019 results. Carrefour Italia introduce bi...
22 June 2020
Italy-based Conad has announced strong 2019 sales results, which has seen it achieve a turnover of €14.2 bn. Francesco Pugliese, Conad’s CEO highlights the position the cooperative is in with a challenging economic outlook ahead for the country. Separately, Conad has opened more Spazio Conad stores and plans to continue expanding the banner during 2020.   Exceeding turnover expectations Con...
15 April 2020
We look at how retailers across Italy are implementing measures to ensure everyone has access to products as they respond to the Coronavirus (COVID-19) pandemic. We will continue to update this article with the latest measures. Technological developments Retailers understand queuing outside and inside stores is increasing shoppers’ exposure to coronavirus. The Italian government has launche...
31 January 2020
Conad has announced a strong growth in its private label sales in 2019. Meanwhile, Gruppo VéGé announced it has signed an agreement with Metro Italia. Separately, the SUN consortium reveals its 2020 expansion plan and highlights its 2019 results. Conad announces an 8% increase in sales of its private label Conad has revealed its private label has increased in sales by 8% to €4 bn in 2019. T...
17 January 2020
France-based Auchan exited the Italian market and sold 1,600 stores to Conad in 2019. This saw the latter implement a rebranding strategy. Meanwhile, Esselunga has purchased six Auchan stores from Conad in northern Italy, while we provide an overview of Conad’s developments since its acquisition of Auchan’s stores in Italy. Conad’s latest developments The retailer has rebranded 27 Auchan hy...
23 December 2019
Italy-based Conad announced it generated an overall turnover of €14.3 bn in 2019, a 5.9% increase compared to 2018. Overall performance Conad’s managing director, Francesco Pugliese, stated the positive performance is a direct result of the cooperative’s entrepreneurial model and how it is investing in innovative initiatives and its brands.  Conad has increased its market share in Italy,...
20 December 2019
Pam has introduced a new format store in Padua, called PamCity. Meanwhile, DESPAR revealed an increased turnover in 2019. Separately, SPAR Italy has applied a digital solution to help increase efficiency across the northeast of Italy. Finally, Carrefour has acquired 28 stores from Conad. Conad sells 28 Auchan stores to Carrefour Italia Carrefour Italia has purchased 28 Auchan stores in nort...
12 November 2019
Francesco Pugliese Conad’s CEO has stated the takeover of Auchan Italia has been more complicated than expected. Meanwhile, on the 1 January 2020 Bennet partners with the VéGé Group. Separately, the Coop and IBM alliance has launched a ‘call of ideas’ initiative. Conad’s acquisition of Auchan Italia Conad’s acquisition of Auchan Italia has been more complicated than Conad originally planned...