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Supermarkets and Superstores top in grocery, Discounts grow less
Source: "Discount stores maintained a positive trend, with 2.4% in volume and 1.5% in value. Supermarkets did well, with 2.2% in volume and 2.9% in value, as did superstores, which grew by 1.5% in volume and 2.7% in value. E-commerce: 5.5% in value, 5.7% in volume. It is not clear whether non-food is included or not.
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MDD (private label) turnover Conad at EUR 6.3 billion (4.7% in value)
Source. In Amazon is the leading Italian distributor by purchasing centre? it is perfectly understandable why Conad is a purchasing centre(and why the 'diatribe' with Selex over market share makes no sense).
The much higher figure of the private label in 2024 compared to the Conad report of 2019 is surely due to a share of products not purchased through the Bologna central but directly from members.
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Mario Gasbarrino on Iper Tosano and Action
Mario Gasbarrino's report on the former Auchan area and the Dutch non-food discount chain Action is interesting and 'right'. Perhaps I would add DM (pictured in Nerviano), which has long been present in Milan
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Extra virgin oil of dubious origin supplied to Milanese police and army canteens. Alleged fraud in public supply and forgery. Involved the Penny brand
The Sapio and Ladisa companies were supposed to have supplied extra virgin olive oil, also of EU origin, from organic farming 'for at least 60 per cent' to the state police, and oil 'obtained exclusively from domestic olives of any cultivar' for at least 40 per cent from organic farming for the armed forces. But, this is the thesis of the Milan Public Prosecutor's Office, the oil actually supplied would have been very different, of German origin (from the discount chain Penny Market, see photo below). Source
We are and remain the country of the clever : Maxi tomato fraud: the BBC scoop on British supermarkets and the Petti group
Compiled 19 December, updated 20 December 2024
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Conad and Selex compared
Selex like you announced a year-end turnover of 21.1 billion... "We have a similar turnover but there is a fundamental difference: Selex is a multi-brand group that is performing well. Conad, on the other hand, is present throughout Italy with distinctive traits and homogeneous pricing policies. Our brand aggregates a capital of trust and identity that grows year by year. Our branded products also serve this purpose: they are worth 40% of sales and one third of turnover'.
It is true that in Selex there are many brands - and in Conad there are not - but I understand that they are both (Conad and Selex) purchasing centres, like the one I co-founded with Riccardo Francioni (Esd Italia).
And so the comparison makes no sense.
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First severe case of avian influenza detected in humans in the US
The patient, who is currently hospitalised, has been in contact with sick and dead birds, health authorities said, adding that 61 human cases of bird flu have been detected in the US since April. France, for its part, regained its 'flu-free' status, which had been upgraded to 'high' in November....This version of the virus is different from that detected in several dairy cow herds and poultry farms in the US. No further details on the patient's profile or health status were given... Read also Bird flu in North America worries epidemiologists: three people have been infected with the H5N1 virus with no source of contamination detected
Below: Dairy cows in the USA
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Costco beats all estimates thanks to e-commerce growing 13%
Source.
The other key factor is the loyalty of its customers : Costco boasts 137 million members worldwide, with a 90% renewal rate. The $4.8 billion in membership fees it collected last year drove most of its profits.
Note the growth in US online in November (1.8% year-on-year = 21.6%)
