turnover | ESM Magazine

PLUS Chief Executive Duncan Hoy Steps Down

The chief executive of PLUS, Duncan Hoy, has stepped down after five years at the helm and will leave the company on 1 January 2024, according to media rep...

Italy’s Gruppo Multicedi Targets 10% Growth In 2023

Italian regional large-scale retailer Gruppo Multicedi reported a turnover of 10% annual growth of turnover to €890 million (€1.4 billion at the...

Maiora Despar Centro Sud To Open 40 New Stores In 2023

Italian large-scale regional retailer Maiora Despar Centro Sud is planning over 70 store openings and the renovation of existing stores over the course of...

Penny Italia Acquires 16 Stores, Grows Presence In Rome

Penny Italia has concluded the acquisition of 16 new stores from Gruppo Faranda (Tuodì and Fresco Market banners) and a Gruppo Pam franchise.

South Africa's Pick N Pay Sees Pressure From Inflation, Power Cuts

South Africa's Pick N Pay Stores Ltd said on Tuesday inflation and power cuts in the second half of the year would add to the cost pressures the grocery re...

Jumbo General Manager To Temporarily Step Down

After careful consultation with his family and the supervisory board, Jumbo managing director Frits van Eerd has decided to temporarily step down from his...