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Esselunga

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Esselunga
Company typeSocietà per azioni
IndustryRetail
Founded1957
Headquarters,
Number of locations
160 points of sale
Area served
Emilia Romagna
Lazio
Liguria
Lombardy
Piedmont
Tuscany
Veneto
Key people
Bernardo Caprotti (founder)
ProductsFood and consumer goods
RevenueIncrease 7.75 billion (2017)
Number of employees
23,094 (2017)
Websitewww.esselunga.it

Esselunga S.p.A. is an Italian retail store chain. Founded in 1957 by Nelson Rockefeller, Bernardo, Guido and Claudio Caprotti, Marco Brunelli, the Crespi family and other Italian associates,[1] the company is now entirely owned by the Caprotti family through Supermarkets Italiani S.p.A. The store's name literally means "long S". It was the first supermarket chain in Italy to introduce on-line shopping and self-produced organic products.[2][3]

With 20,000 employees, the company had a €6.8 billion turnover in 2012. Esselunga controls about 9% of the Italian grocery distribution market. It is ranked as the fourth most profitable company in the European retail sector (in proportion to its size) and it is Italy's 23rd largest company. Until 1999, Esselunga owned 50% of the Italian branch of Penny Market (a REWE group company). Esselunga stores are located mostly in Northern Italy.

Esselunga was entirely owned by Bernardo Caprotti until his death in 2016,[4] and is not listed on the stock market. In his will, Caprotti left 66.7% of Esselunga to his second wife Giuliana Albera and their daughter Marina Sylvia, and 16.7% to each of his children from his first marriage, his son Giuseppe Caprotti and his daughter Violetta.[5]

References

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  1. ^ Scarpellini, Emanuela (2007). La spesa è uguale per tutti. L'avventura dei supermercati in Italia (in Italian). Marsilio.
  2. ^ "Caprotti dynasty, segreti e liti". l'Espresso (in Italian). 2012-12-13. Retrieved 2020-04-26.
  3. ^ Filippo, Astone (2009). Affari di Famiglia, fatti e misfatti della nuova generazione di padroni (in Italian). Longanesi.
  4. ^ "The World's Billionaires: Bernardo Caprotti". Forbes. Retrieved 23 January 2017.
  5. ^ "Esselunga, the disputed legacy of the Italian retail giant". ItalianFood.net. 2016-10-11. Retrieved 2020-04-26.

Sources

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