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The Milan San Babila store will be completely renovated and adapted to the highest standards of the chain, with the aim of becoming a reference point for Unieuro's Milanese customers and for the many passing tourists.Īll stores are expected to reopen in September and October, in time to benefit from the favourable fall season, while the Click & Collect service for the collection of products purchased by online customers at will be activated shortly, as part of the omnichannel strategy that focuses on the full integration of sales channels.
TRONY NEGOZI FREE
In line with previous operations, the stores will be delivered free of goods and will undergo a radical recovery plan involving the immediate adoption of the Unieuro banner, the redesign of the spaces, product restocking, training for returning employees, and the adaptation of IT systems from the very first weeks. This is also demonstrated by the price paid for the assets, the lowest in the recent history of our acquisitions".
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"The acquisition of a limited and carefully selected package of former DPS stores highlights how our expansion has become even more selective in terms of geographic coherence and return on investment. Giancarlo Nicosanti Monterastelli, CEO of Unieuro, stated: " After the four successful acquisitions concluded in 2017, we are pleased to announce the next step in our rapid process of growth and market consolidation". With 1,150 sqm in the heart of the city and high pedestrian traffic thanks to its location in the underground station of the same name, the flagship store will offer products and services and share the values of the Unieuro brand with millions of passers-by each year. In fact, once the San Babila store reopens, it will be one of the chain's front-runners in Milan. The stores, which cover a total surface area of over 10 thousand sqm and represent potential revenues of at least € 50 million, were selected from the 35 former DPS stores such as to ensure the best complementarity with the already widespread Unieuro network, also providing significant opportunities for synergies and the possibility of strengthening its positioning in Milan. (" DPS "), comprising 8 former Trony stores, currently closed, located in the provinces of Milan (3), Imperia (2), Padua, Potenza and Taranto.
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(MTA: UNIR), the largest omnichannel distributor of consumer electronics and household appliances by number of stores in Italy, has accelerated its business growth through the acquisition of a business unit belonging to the bankrupt company DPS Group S.r.l. Acquisition price at historic lows: expected increase of at least € 50 million in revenues against a hammer price of € 3.4 millionįorlì, 24 July 2018 - Unieuro S.p.A. Increasingly selective approach aimed at expanding the network while minimizing overlaps Global Blue P.O. 3 stores in Milan purchased at bankruptcy auction, including the flagship store in Piazza San Babila, along with 5 other stores located across various Italian regions However, the cost of books can contribute to the minimum purchase amount, if the books are bought at the same time as other VAT-qualifying products.Ĭompleted Tax Free Forms which have been stamped by Customs can be sent to: VAT is not levied on books and therefore they are not eligible for tax refunds. If goods are too large to be carried in hand luggage, it is recommended that you contact Customs in advance. Refunds are paid on goods that are exported in the traveller’s personal luggage. Receipts can be accumulated to reach the minimum amount if the purchases were made on the same day and in the same store. Validity of stamped Form: Issuing month + 3 months. Stamping period: Issuing month + 3 months.
TRONY NEGOZI HOW TO
It is recommended that travellers under 18 years old are accompanied by their parentsįor more on how to claim your tax refund, including how to fill in the Tax Free Form, click here.If you have a permanent residence in a non-EU country.New rules for the digital tax free system means that you must present your passport, or a scanned copy, in-store when purchasing the goods. The Italian Tax Free Form is valid for 3 months from the issuing month.ĭon't forget your passport next time you shop in Italy. Milk, vegetables and fruit and bread and prescription glasses: 4.Fashion, textiles, leatherwear, jewellery, glassware, sunglasses, wines and other alcohol: 22%.