CONAD supermarkets to open in China

(ANSA) - Bologna, December 11 - Italian supermarket chain operator CONAD will open five stores in China early next year, the Bologna-based consortium said Thursday.
    The stores will open February 19, which is Chinese New Year's Day, in the Western provinces of Shanghai, Jiangsu and Zhejiang. They will carry 250 products including frozen foods and wine, the company said.
    Founded in 1962 as a cooperative system of entrepreneurs dealing in large-scale distribution, CONAD (Consorzio Nazionale Dettaglianti) is a retail store brand operating one of the largest supermarket chains in Italy.
    The company in 2014 posted turnover of 11.73 billion euros, up by 173 million or 1.5% over the previous year.