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Coronavirus

Coronavirus – Retail & FMCG Updates From Italy

By Steve Wynne-Jones
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Coronavirus – Retail & FMCG Updates From Italy

As part of our efforts to keep you, the ESM reader, notified on the latest coronavirus-related developments in the retail and consumer goods sectors, here are the latest news updates from Italy. Click the link in each snippet to view the full story. To return to the map, click here.

The Italian food sector will register a 5% decrease in revenue in 2020 due to the effect of coronavirus, but is likely to stage a comeback next year, posting 7.7% growth, a study has found.


Italian agri-food group Amadori closed its 2019 financial year with a turnover of €1.3 billion, up 3.9% year-on-year, adding that its business has only been minimally affected by the coronavirus crisis.


Coop Italia is allocating an additional €50 million towards customer support measures during the COVID-19 lockdown easing process.


Campari is testing selling Aperol in China as the Italian spirits group looks to its photogenic orange-flavoured aperitif to revive sales hit by the coronavirus pandemic.

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The Italian food retail sector saw a 6.1% year-on-year growth in sales in April, according to data from Istat.


Drinks group Campari has agreed to buy 49% of online wines and spirits company Tannico to boost its online business amid the COVID-19 crisis, it said on Friday.


Coop Italia has introduced two new technological solutions to maintain physically distanced shopping in its stores during the coronavirus crisis.


While the COVID-19 outbreak saw an initial surge in purchasing across several key grocery categories, consumer purchasing is starting to stabilise in line with prior-year trends, according to a new study by IRI.

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The Barilla family, which owns the pasta maker of the same name, has donated $500,000 to US non-profit association 'The Cure Alliance' to fund research on a COVID-19 therapy based on stem cells, the group has said.


Campari Group has entered into a term debt facility agreement for an amount of up to €750 million with a pool of banks for general corporate financing.


Unione Italiana Food has warned that sales of chocolate eggs and festive Easter cakes have been badly affected by the COVID-19 pandemic.


Drinks group Campari and cosmetic products maker Intercos Group have joined forces to produce hydro-alcoholic gel hand cleaners to be donated to healthcare workers in Italy's region of Lombardy, the two companies have said.

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Carrefour Italia has introduced a new service that provides free home delivery of pre-packaged kits containing essential food and non-food products.


Italian business and consumer morale plummeted in March hit by a coronavirus outbreak that has decimated activity in the euro zone's third largest economy.


Coop Italia has announced plans to freeze the prices of all packaged goods for two months, effective immediately.


Malachy O'Connor, retail consultant with International Private Label Consult (IPLC), looks at what European operators can learn from how Italian retailers have responded to the COVID-19 crisis.

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Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said.


Drinks group Campari has announced a donation of €1 million to the public healthcare institution, ASST Fatebenefratelli Sacco in Milan - a reference point for patients who are critically affected by COVID-19.


Coop Italia has set up a crisis committee to implement appropriate measures in line with government guidelines to tackle the coronavirus emergency in the country.


Italian vintners fear that foreign buyers will turn their noses up at their latest wines after the country was hit by Europe's worst outbreak of coronavirus.


Esselunga has announced a number of measures to alleviate the coronavirus emergency that the country is facing.


Morale among Italian businesses and consumers moved in opposite directions in February in surveys conducted before the coronavirus outbreak that has rocked the country over the last week.

© 2020 European Supermarket Magazine – your source for the latest retail news. Click subscribe to sign up to ESM: European Supermarket Magazine.

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