S Group news

11 December 2013
The Southern Co-operative is collaborating with Finnish company Foodie.fm to trial Click & Collect. System to offer personalised recommendations The trial is based on Foodie Local, a self-service online system, which makes personalised food and product recommendations. Foodie Local offers information on over 100,000 products in the UK and is optimised for mobile use. Trial should help ...
27 November 2013
Finland-based S-Group-owned supermarket chain Prisma Peremarket has announced that it has partnered with Digital Foodie.fm to launch a Collect & Go service in Estonia. New online service The Collect & Go service will first be available for ordering online for collection at Prisma Express convenience stores. Customers can place their orders online, select a desired pickup slot and collect ...
18 October 2013
Finnish S Group has released its results from January to September this year, with sales of €8.4bn. Strong grocery sales drive overall growth Overall, sales increased by 1.5%. Strong growth in grocery compensated for weaker growth elsewhere in the organisation. Sales in consumer goods declined by over 1% and sales in department stores declined by 7.5%; while grocery sales increased by 4%. S ...
18 September 2013
Kuisma Niemelä has resigned from his position as CEO of S Group. Retailer seeks CEO to execute new strategy Having been appointed as CEO of S Group in 2010, Kuisma Neimelä has resigned from his position. His resignation has been accepted by the Supervisory Board of S Group. Explaining the reasoning behind his resignation, Niemelä commented: “International operators in the consumer goods ...
29 August 2013
Finnish retailer S Group has revealed its first half trading results, with sales increasing by 1.4% to over €5.5bn, as profit declines by 30% to €60.6m. Performance in supermarkets and agriculture contributed to overall growth The supermarket trade, which represents the largest share of S Group’s total retail sales saw sales increase by 3.9% to €3.8bn. 14 new store openings contributed to sal...
19 June 2013
Prisma, part of the Finnish retailer S Group, is opening another supermarket in Vilnius. Store number four to open in 2014 The new supermarket will open in the first half of 2014 and at the cost of LTL 40m is the first non-leased property in Lithuania. The supermarket will be located in a 10,000sqm shopping centre. International expansion contributing to strong growth Having had a s...
25 April 2013
Finnish S Group has released performance figures for January-March, revealing sales of €2.6bn. Level growth S Group revealed that sales were flat year-on-year, level with Q1 2012 results. Growth in grocery sales compensated for weaker revenues in S Group's consumer goods divisions. Sales of consumer goods were down 4.6% whereas grocery sales rose 5% to €1.6bn. However this growth was driven b...
31 January 2013
Finland's largest retailer, S Group has released a healthy set of results for 2012, seeing year-on-year sales grow by 5%, reaching €12bn. Finnish consumers more price conscious Grocery retail sales grew positively, increasing 7.4% to €6.7bn, which includes sales across its Prisma, S-Market, Sale and Alepa banners. CEO of SOK, Kuisma Niemel ä commented, "Our grocery sales developed accordin...
24 January 2013
The HOK-Elanto co-operative has begun trialling a new self-service collection model in Finland. Next move with Foodie.fm Building on the success S Group has had with its online offer, which uses the Foodie.fm platform, the new service allows shoppers to pick up their groceries from a self-service parcel point. S Group launched a Collect & Go in-store grocery collection in November 2012 ...