Sweden news & analysis

04 June 2020
With the Coronavirus (COVID-19) pandemic linked to a marked shift towards online grocery, Sweden’s Axfood has made a series of timely investments in this fast-growing channel. 1. Partnership with Circle K in click and collect push Axfood’s discount banner Willys has introduced click and collect lockers at Circle K forecourts. Initially this will include four stores in the Frescati, Bandhage...
06 April 2020
To protect employees and consumers from the Coronavirus (COVID-19), retailers in Denmark, Sweden and Norway have added dedicated hygiene lines and plexiglass to the checkouts. Denmark: hygiene lines and new initiative for suppliers Coop and Salling Group have introduced distancing measures with “hygiene lines”. These are tape markings on the floor of the checkout lines that work to remind s...
28 February 2020
Three developments from retailers in Sweden, Finland, and Denmark as they look to build their online and digital skill and scale. Sweden: ICA’s test for unmanned stores In collaboration with innovation hub ICAx and the Värmland region, ICA Nära Silleurd is the first among the larger chains to test an unstaffed store. Having begun in December 2019, the test will end on February 29, 2020. It ...
19 February 2020
Coop Sweden is using technology to help drive its sustainability initiatives and customer service. Global sustainability mission Coop is launching tech accelerator, Bloomer, to target technology startups who have developed solutions for changing the food system. The solutions should be economical and environmental. Helping the planet… Bloomer has the power to improve or replace curren...
10 February 2020
Axfood has said its sales grew 5.4% in Q4 2019, to SEK13.0 bn (US$1.4 bn), with a strong performance across all its banners. It said the pace of growth saw it outstrip that seen in the wider market, which it said stood at 3.7% in Q4 2019, seeing it gain share. Broad based growth, across all formats Axfood reported that all its banners had enjoyed good growth in Q4 2019. By banner it said: ...
07 February 2020
ICA reported Q4 and full year consolidated sales, saying total sales rose 2.6% in its final quarter, to SEK30.9 bn (US$3.2 bn), and by 3.4% in the year, to SEK119.3 bn (US$12.4 bn), as a whole. In the fourth quarter ICA said ‘ sales growth was mainly price-driven, but included favourable volume growth in ICA Sweden's wholesale operation, ICA Bank and Apotek Hjärtat ’. ICA developed in line wit...
20 December 2019
Denmark-based Salling Group has committed to removing all private label products that contain caged eggs. In Sweden, Axfood develops its EMV private label range and announced plans to trial mobile pick-up stations in 2020. Meanwhile in the Netherlands, Albert Heijn launches a Christmas campaign and Jumbo takes over 17 HEMA locations. Denmark: Salling Group to remove private label SKUs containi...
13 December 2019
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...
26 November 2019
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...
30 October 2019
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...