Dufry and Autogrill merger yields $2.66 billion in Q1 consolidated revenue

May 11, 2023 : The merger between travel retailer Dufry and global travel food and beverage operator Autogrill has yielded positive results. The new entity experiencing substantial organic growth of 51.5% in the first quarter, driving combined turnover to 2.36 billion Swiss francs ($2.66 billion). CEO Xavier Rossinyol attributed this success to the ongoing momentum in the travel sector, with April net sales continuing to perform well compared to 2022 and surpassing 2019 levels at constant exchange rates.

Unveiling the Profound and Costly Impact of Retail Theft

Retail theft is a pervasive problem that affects businesses of all sizes, from small local shops to large retail chains. The act of stealing merchandise, also known as shoplifting, has a direct financial impact on retailers and carries broader consequences for the economy, consumers, and society. This article explores the multifaceted impact of retail theft and highlights its far-reaching and costly implications.