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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 ...
We round up the latest developments from leading Nordic retailers as they invest in supermarkets, convenience, online and foodservice. Norway: NorgesGruppen’s MENY tailors formats with 'Gourmet' and 'Urban' offer NorgesGruppen’s MENY supermarket banner is launching two new internal classifications for its MENY supermarket banner. Internally, formats will be classifed as 'Gourmet' and 'U...

Presentations

12/08/2019
A deep-dive in the discount channel in Europe, the largest contributor to grocery market growth in the next five years. A closer look at the top 10 discounters, where they operate, their priorities and latest developments. Understand the strategies and trends influencing this channel.
30/07/2018
IGD’s Chief Economist looks at some of the forces shaping food and drink retail in the EU.
11/01/2018
This in-depth guide to Lithuania explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
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Key presentation

This in-depth guide to Lithuania explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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