Get the app today! Download iPhone App Download Android App

Italy's Selex Confident Of 'Strong Year' In 2021

Published on Dec 10 2020 8:38 AM in Retail tagged: Trending Posts / Italy / Gruppo Selex / Paywall / Gruppo CDS / CosiComodo

Italy's Selex Confident Of 'Strong Year' In 2021

Italian retailer Gruppo Selex plans to invest €300 million next year on the opening of 121 new outlets, as well as the renovation of 112 existing stores, a 40% increase on 2020.

In January, the retailer expects to surpass the threshold of 2,500 stores, accounting for a share of more than 10% of the Italian retail market, including hypermarkets, supermarkets, superstores, discounters and drug stores.

The company's growth strategy will focus on supermarkets and superstores, as well as on the expansion of its digital channel. E-commerce service CosiComodo, active in 13 Italian regions, registered a growth rate of 270% this year as a result of the COVID-19 pandemic.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email