Italy’s Crai Codè Takes Over 70 Prestofresco Stores
Italian grocery retailer Crai Codè has acquired 70 stores belonging to the Prestofresco supermarket chain in the Piedmont, Lombardy and Liguria regions, from the Sapino family.
Crai Codè is a unit of local retail group Crai, covering northwest Italy with around 290 stores.
The former Prestofresco stores will now be branded Crai and will benefit from all the services of the retailer’s distribution centers. In addition, they will now sell all product lines of the Crai private label brand.
The newly acquired stores are of both neighbourhood and large store formats.
Crai Group has a network of 3,000 stores throughout Italy, in three different formats (supermarkets, convenience stores and food stores).
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.