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ICA has released its first half results, reporting consolidated net sales increased by 3.9% to SEK58,627m (US$6.1bn). Operating profit excluding items affecting comparability was SEK2,490m (US$259m) while cash flow from operating activities was SEK4,737m (US$493m).

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ICA released its first quarter results, reporting consolidated net sales increase of 2.8% to SEK28,098m (€2.7bn) and net profit of SEK813m (€77.4m). Sweden and Lithuania continue to be the markets where the group experiences the strongest growth. Sweden: net sales +2.2%, driven by prices at retail and volumes at wholesale In its home market, ICA reported consolidated sales of SEK19,793m (€...
Reitangruppen has reported its 2018 results, with REMA 1000 discount turnover increasing by 4.8% to €7.3bn, while Reitan Convenience turnover increased by 1.4% to €1.7bn. REMA 1000 turnover increased by 4.8% to NOK 70.2bn (€7.3bn) REMA 1000 turnover including franchises increased by 4.8% to NOK 70.2bn (€7.3bn). Operating profit increased by NOK 243m to NOK 1.9bn (€197.9m), which represents ...
A new Drogas store has opened on the ground floor of the Akropole Shopping Centre, Riga, Latvia. Opening week activity Drogas is hosting various free activities this week, celebrating the launch of the new store. Beauty consultations, free makeup applications, skin analysis are all available, and prior appointments are not required. More about Drogas Drogas is the largest drugstore in...

Presentations

30/07/2018
IGD’s Chief Economist looks at some of the forces shaping food and drink retail in the EU.
18/01/2018
This in-depth guide to Latvia explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
23/02/2016
Schwarz Group, X5 Retail Group and Carrefour will be driving the growth in CEE. However, retail regulations in some markets restrict the growth. Find out about retail trends and development which we forecast for 2016 and onwards.
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This in-depth guide to Latvia explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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