Italy: Esselunga introduces private label brand for children
Italian retail store chain Esselunga has launched a new line of products under the CheJoy brand name, which are targeted at children from the age of four. Created in partnership with Walt Disney, the products feature Disney characters such as Mickey Mouse, Minnie Mouse and Donald Duck, as well as characters from the Frozen, Star […]
Italy: Esselunga sales up but profit down in 2013
Esselunga, one of Italy’s largest retail grocery chains, has released its financial results for 2013, reporting takings up 1.7% compared to 2012. Total income for the year was €6,957 million ($9,596 million), according to the company’s financial statement. Despite sales growth, however, EBITDA fell by 6.7% to €505 million ($696 million), while operating profit stood […]