Italy’s Conad Invests €200 Million To Grow Market Share
Italian supermarket retailer Conad is planning to invest €200 million over 24 months with the goal of increasing its market share.
The retailer will open six new stores, in Forlì, Savignano sul Rubicone , Rimini and Morciano di Romagna, with new outlets also planned for Padua and Pesaro. In addition, 30 existing stores in Emilia Romagna and Marche will be restructured.
Conad will also start construction work on a business centre and warehouse in Forli this year, a project worth about €25 million. The opening is scheduled for 2017.
© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.