Local retail in France has almost doubled its turnover in 10 years

Rising from €8 billion in turnover in 2016 to €14.4 billion in 2026 (Nielsen IQ, via Olivier Dauvers).

And in Italy: between 2011 and 2024, whilst the number of businesses owned by Italian nationals fell by 7.9 per cent, those run by foreign nationals grew by 46.9 per cent

Drafted on 30 July, updated on 1 August 2026