According to a report by the ANSA news agency, Italian retail concern Gruppo Panda intends to open five supermarkets in Sardinia during 2007 with an investment of EUR11m (US$13.85m).
The new supermarkets are expected to increase the retailer’s turnover by 25%, or EUR48m.
Gruppo Panda posted annual turnover of EUR204m in 2005.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData