Esselunga’s operating result

One of the many stories that have circulated about me is that I would have brought Esselunga poor financial results for 2003 and that this would have led to my removal. Nothing could be more untrue. If you look at the numbers, you can see that the 2003 Ros, compared to that of the early 1990s, was decidedly better, thanks in part to careful management of contracts with suppliers (see the example of Barilla) and to the negotiations carried out in the ESD Centre

US: inflation-weary consumers stock up on discount stores

As in France and Italy, inflation due to Covid – 19 in the US has left deep traces that have favoured the development of discount formulas, albeit with very different approaches and sales methods. US consumers are also experiencing the political uncertainty sown by the tariffs wanted by Donald Trump. Box stores (wholesale discounters) are depopulating in the US, driven by concerns about the high cost of living. Chris Nichols , CEO of Sam’s Club (Walmart’s box store chain) predicts ‘difficult times’ for the US economy

Modern Proximity: medium-sized supermarkets drive the market

The supermarket and discount segment with sales of between 801 and 1,500 square metres achieved a turnover of EUR 40 billion. A value that is not only significantly higher than the other formats, but which unequivocally confirms that it is precisely in this size range that the most important game within the large-scale retail trade is being played out