Selex news

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...

Italy-based Selex has predicted a positive turnover of €11 bn for 2019. The retailer alliance also discussed how the market is unpredictable. Furthermore, the group has highlighted ambitious 2020 goals as its members look to continue their expansion plans.   Sales performance The Selex Group has announced its turnover is estimated to be €11 bn in 2019, an increase of 4.2% compared to 2018. ...

As Conad, its cooperatives, VéGé Group and Coop announce full year results for 2018 and Selex sets out plans to grow its private label sales, we round up news from the country. Conad rationalises number of operational units… Conad has begun the process of combining some cooperatives into focused territorial platforms, a step it announced in December 2018 . The initiative is aimed at incr...

As part of its involvement in Marca 2019, the Private Label Conference and Exhibition, Italy-based retailer alliance Selex has discussed the performance and outlook for its private label ranges. Private labels growing faster than the country Selex saw a 5% increase in sales turnover to €890m in 2018. The organisation noted how private label sales were a key component of growth and represent...

We round up the latest news from Italy-based retailers Pam, Selex and Unes. Pam acquires 16 Arimondo Stores… Pam has acquired 16 stores in Genoa, Savona and Imperia from regional retailer Arimondo. The acquisition follows a commercial partnership agreement signed between the companies in November 2018. The partnership aims to offer customers “ a richer and more innovative range, at always c...

Italy-based Selex has said it will spend €320m in 2019 to improve its store network. The investment will involve opening new stores and renovating existing sites throughout its network. Selex targets €11.4bn turnover… Selex estimates it will generate a turnover of €11bn by the end of 2018, an increase of 4.3% versus 2017’s figure. As part of its growth outlook, Selex is targeting a turnover...

We look at how Italy’s coalition government is set to impose a sugar tax, while retailers Selex and Conad are expanding their store networks and Crai signs a delivery service partnership. Italy to pass sugar tax The Italian government is in the process of introducing a sugar tax as an amendment to its 2019 budget. The amendment will be “aimed at drinks with high sugar content” and must be...

As Selex’s chief executive, Maniele Tasca, discusses why it is growing faster than the market, Coop Italia rolls out a range of initiatives and Unes launches a new private label range, we round up news from the country. Selex growing faster than the market As part of an interview in Distribuzione Moderna, Tasca discussed why the organisation was outperforming the market. He highlighted the ...

As Gruppo Selex discusses its 2017 performance and investment plans for 2018, Eurospin investigates a market entry and Conad looks to grow vegetables in-store, we round up news from Italy. Selex to continue investment after strong 2017 After reporting its turnover rose 4.1% to €10.5 bn in 2017, versus market growth of about 2.6%, Gruppo Selex has said it will sustain its investment programm...

As Selex and MD Group set out their investment plans for 2018, we look at how the two companies are set to expand in Italy. Selex to add 69 stores in 2018 Selex has announced its investment in 2018 will see it open 69 new stores, including three cash and carry sites, and update 59 further sites. Of the 69 new stores, 27 will be supermarkets and 20 will be discounters. The new store and upda...