Sweden news & analysis

We review the retailer’s first quarter performance, including four initiatives driving growth and efficiencies. Q1 key numbers Total merchandise and service revenues increased 5.0% to $4,275.8m Road transportation fuel revenues fell 21.5% to $11,235.2m, reflecting lower fuel prices Same-store merchandise revenues increased by 2.1% in the US, 6.4% in Canada, and were up 2.7% in othe...

Couche-Tard, which trades mainly under the Circle K banner, delivered a strong fourth quarter, capping another solid year and helping the company achieve its ‘Double Again’ five-year plan. We look at what’s next for the business, including four growth initiatives. Q4 & FY key numbers Q4 merchandise and service revenues up 11.0% to $3,763.0m, with growth of 13.3% in the US, 9.0% in Canada...

As inflation’s impact on grocery retail continues, we’ve published the second report in a quarterly series of how retailers are responding to the cost-of-living crisis. The new edition provides inspiration from around 50 retailers in 20 markets and in this article, we’ve picked out some of our favourite initiatives from around the world.   Price: Amazon UK offer simple value taxonom...

The German discounter has reported an 18% sales increase YoY for FY2022/23 in Sweden. Growing at more than twice the market rate Lidl Sweden saw sales grow by a massive 18% to SEK 16.7 billion (€1.41 bn) in its financial year ending February 2023. The retailer added only one new store in the period to 205 in total, with its sales increase coming mainly from organic growth. The sales resu...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe Europe’s leading grocery retailers in 2027 (Subscriber webinar) Tuesday 27 June 2023 10:00 BST Join us for an overview of the European grocery landscape, highlighting the region’s leading retailers and how we expect them to grow and evolve over the next five years. The...

In its Q1 results, Costco has reported total revenue growth of 8.1%, despite tough comparatives. Here we explore the factors underpinning this performance and its plans for 2023.    First quarter key numbers: Q1 total revenue up 8.1% to $53.4 bn Comparable sales for the quarter (ex-fuel and currency impacts) up 7.1%, including up 6.5% in the US, 8.3% in Canada and 9.1% in other intern...

Leading global convenience chain Couche-Tard, which operates as Circle K, is one of the most innovative in the channel. It continues to flex its approach in response to the current trading environment while also investing for the future. We highlight some of the programmes it has in place, many of which could be replicated by operators across different channels. Value food-to-go - it has ...

Coop Sweden plans to expand its existing terminal for frozen goods in Enköping, to ensure that the capacity for frozen goods is in line with estimated customer growth. Source: Coop Sweden Coop’s central warehouse for frozen goods has been in Enkoping since 2011 and currently employs around 120 people. Örjan Grandin, CEO of Coop Logistik and deputy CEO of Cop Sweden, said “Coop's goods...

American wholesaler, Costco, continues to expand into new international markets. We look at its plans for New Zealand and Sweden. First store opened in New Zealand In September, hundreds queued in the rain to visit Costco’s first store in New Zealand. The 14,800 sq. m store is in Westgate, on the north-western edge of Auckland. It features 800 parking spaces and a fuel station. It becomes o...

Costco’s fourth quarter results revealed a strong finish to the year with total revenue exceeding $220 bn. We look at the factors underlying this performance and what to expect in the year ahead. Fourth quarter and full year key numbers Q4 total revenue up 15.2% to $70.8 bn, with full year revenue up 16% to $222.7 bn Comparable sales for the quarter (ex-fuel and currency impacts) up 1...