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Retail

Italian Food Retail To Grow By 1.3% In 2022, Mediobanca Study Finds

Italian large-scale food retail distributors reported 5.7% sales growth in 2021, compared to the previous year, and 10.9% growth compared to 2016 (a 2.6% annual growth average).

Despite a negative 2021 (-0.1% in sales), the sector is poised to recover in 2022, with growth of 1.3%.

The data is from a Mediobanca report on the large-scale food retail trade, based on the economic and financial data of 116 Italian retailers and 30 major international players, covering the 2016 to 2020 period.

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