At ICA’s Capital Markets Day, the retailer presented prioritised step-changes, which the Board of Directors will adopt for the next three years. The step-changes will replace ICA’s previous strategic priorities. Outlining the step-changes The following step-changes apply to all or large parts of the business: Common sourcing within ICA Gruppen Creating business value through AI and...

We round up the latest news from retailers in Belgium, the Netherlands and Sweden. Netherlands: Albert Heijn launches automated store at Schiphol Airport After successfully piloting its new ‘plug-and-play’ store concept in Zaandam in September 2019, Albert Heijn has expanded the trial to Schiphol Airport. This will see the retailer launch its second fully automated store, on the Jan D...

Sweden-based ICA and Axfood have reported a 3.4% and 5.7% increase in consolidated net sales respectively. Meanwhile, Finland-based Kesko saw a 6.1% increase in net sales. ICA: 3.4% sales increase ICA Sweden saw consolidated net sales increase by 3.4% to SEK29,818m (US$3,079m) in Q3 2019. Operating profit, excluding items affecting comparability, for the period was SEK1,599m (US$165m) and...