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Did You Know ...? 28 June 2022

Did you know ...? Conad Adriatico is celebrating its 50th anniversary with a nationwide market share of 18% and a turnover of €1.85 billion in 2021 (+7.7%, year on year). The Italian cooperative and retailer is forecasting further sales growth in 2022, targeting €1.92 billion, reports ESMmagazine.com.

Did you know ...? The Consumer Goods Forum (CGF) Global Summit took place last week in the Convention Centre in Dublin and brought together hundreds of senior leaders in the field of consumer goods to strengthen collaborative approaches to some of the most urgent challenges facing people and the planet. CGF's flagship event took place in person for the first time since 2019, due to COVID-19 causing disruptions to live events. The theme for this year's event was ‘Resilience and Reinvention: Responsible Growth in the New Era’.

Did you know ...? Grupo Carrefour Brasil anticipates around R$2 billion (€371 million) in synergies by 2025 following its acquisition of Grupo Big. According to Carrefour Brasil CFO, David Murciano, 10% of that amount will be achieved in the first year, reports ESMmagazine.com. The deal will also see the overall turnover of the combined company surpassing R$100 billion (€18.5 billion).

© 2022 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more retail news, click here. Click subscribe to sign up for the Checkout print edition.

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