Italy

  • Dixons pays €25m to merge Italian arm
    News

    Dixons pays €25m to merge Italian arm

    2013-10-10T13:32:00Z

    Dixons has agreed to merge its loss-making Italian business with a local player as it looks to scale back its international arm.

  • News

    Rewe Group's Billa supermarket division to exit Italy

    2013-05-17T07:00:00Z

    German retailer Rewe Group’s Billa supermarket division plans to exit Italy. Following the sale of 43 stores in 2011, the remaining operations are still suffering from the integration of 120 Standa shops purchased in 2001, which were recently rebadged to Billa.

  • News

    Carrefour appoints Eric Uzan to head Italian operation

    2013-03-27T07:00:00Z

    Carrefour has appointed Eric Uzan to head its Italian operation, effective from April 2. Uzan has been working for the group for more than a decade. He oversaw the development of the Americas region and, more recently, worked in Indonesia, where the French retailer spun off its operation last ...

  • News

    Metro Cash & Carry launches new price-focused format

    2013-02-27T07:00:00Z

    Metro Group-owned Metro Cash Carry in Italy has launched a new price-focused format in Chieti province, Abruzzi. The store in Sambuceto, originally opened in 1998, has been refurbished to the new model trading under the Metro Piazza Affari banner. The pilot store features prices on average 14% lower ...

  • News

    Pierluigi Bernasconi resigns from Media-Saturn

    2012-12-19T07:00:00Z

    Pierluigi Bernasconi, the chief executive and managing director of Metro Group-controlled Media-Saturn in Italy, has resigned for “personal reasons”. Bernasconi had headed Media-Saturn in Italy for 21 years. Media-Saturn has yet to confirm the report.

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    Electronics specialist Darty to sell Italian business

    2012-11-29T07:00:00Z

    French electronics specialist Darty is to sell its Italian business to DPS Group, while retaining a 15% stake. Darty will pay the electrical goods and services provider E3m (£2.4m) as part of the deal to offload its 20 stores. The transition will cost Darty about E11m (£8.9m). In its last ...

  • News

    Ikea Italy sales fall 2.6%

    2012-10-10T12:06:00Z

    Sales at Ikea Italy fell 2.6% to e1.6m (£1.3m) in the year ended August 30, the retailer’s first ever year-on-year decline since entering Italy in 1989. Ikea has 20 stores and more than 46 million visitors annually. It plans to invest e400m (£322m) over the next three years in new ...

  • News

    Simply Market to open Milan flagship

    2012-09-12T11:49:00Z

    Auchan’s supermarket banner Simply Market has announced the opening of a 27,000 sq ft flagship in Milan. The store has an improved fresh produce section and a snacking area for shoppers to rest and access Wi-Fi. The outlet has an interactive terminal called ScontoSì which provides last-minute discounts for Nectar ...

  • The British division of German motorbike specialist Hein Gericke has fallen into administration
    News

    Bike specialist Hein Gericke crashes into administration

    2012-08-01T09:34:00Z

    The British division of German motorbike specialist Hein Gericke has fallen into administration.

  • News

    Fall in turnover for CDC

    2012-07-26T07:00:00Z

    Electronics store and warehouse club operator CDC’s turnover for the second quarter ended June 30 fell 55% to E75m (£58m). The retailer’s primary trading margin was down 57% to E7.6m (£5.9m). CDC attributed the plunge to its ongoing financial burden and the negative outlook for the market.