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Italy lost 100,000 small shops in 10 years - ISTAT

Retail outlets with under 10 employees form 90% of sector

Redazione Ansa

(ANSA) - Rome, October 25 - Italy lost around 100,000 small shops with 10 or fewer employees between 2006 and 2016, when closures and new outlets are tallied up, ISTAT said on Thursday.
    The national statistics agency said the period in question was hit by two recessions.
    It added that stores with less than 10 staff members make up 90% of Italy's retail outlets, employ 60% of the sector's workforce and generate 40% of its revenues.
   

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