Despar Italia: new investments for 200 mn euro

Despar, one of the ten largest Italian supermarket chains, with excellent results in 2016 (+4% over 2015 for a total of 3.282 bn euro), is planning investments of 200 mn in 2017 to finance new openings and the restoration of its existing points of sale.

This is yet another confirmation of its ongoing growth, with the Group now boasting a total of 1,159 points of sale (+2.5% over 2015), a workforce of 13,700 (up +9.6% in 2016) and over 2,700 products.

In 2017 the company intends to launch a further 290 products, mainly in the premium, health, organic and supply chain sectors, and predicts a growth in branded product sales of 6.5%.