Norway-based NorgesGruppen has announced its H1 2019 results, posting a 2.5% increase in sales to €4.37bn (US$4.83bn). Operating profit was €182m (US$201m) for the period, compared with €160m (US$177m) in H1 2018. Good results… The retailer said the sales increase reflects the “good customer growth in [its] grocery chains” . CEO Runar Hollevik commented, “We get good results from the i...

We look at how Sweden-based, Axfood-owned Hemköp is rolling out its latest concepts. Meanwhile, Norway-based, Coop Norge-owned Extra has opened its first 24-hour, self-service grocery store in Oslo. Hemköp: trials new meal concept Hemköp is trialling a new meal concept, Take Away, in its store in the Mall of Scandinavia. Commenting on the launch, Hemköp’s CEO Thomas Gäreskog said, “Althoug...

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 ...