Sweden news & analysis

07 March 2017
Reitangruppen has reported its 2016 results, with turnover increasing by 4.26% to NOK 89.21bn (€9.95bn), while operating profit increased by % to NOK 3.98bn (€444.12m). Reitangruppen revealed it has also invested NOK 8.2bn (€915m) in stores, stations, logistics and industry in the last five years. REMA 1000 turnover: +7.05% The retailer’s discount banner, REMA 1000, which represents th...
01 March 2017
We round up the latest news from Sweden, where Bergendahls is increasing its investment in ecommerce, while Coop Sverige has unveiled a private label range catering to specific dietary requirements and lifestyle choices. Bergendahls invests in ecommerce fulfilment centre… Bergendahls it to launch a 10,000 square metre grocery ecommerce fulfilment centre in Staffanstorp, close to Malmo in so...
27 February 2017
We round up the latest news from Dansk Supermarked’s Netto discount format, including the recruitment of a new director for Netto International, as well as news from Poland including a new store concept and vegan-vegetarian private label range. Recruiting new director for Netto International The discount chain is to recruit a new director for Netto International, replacing Claus Juel-Je...
25 January 2017
We bring you the latest developments from the two countries. This includes Axfood & NorgesGruppen’s acquisition of Eurocash AB, Axfood’s approval to acquire Matse Holding and Coop Sverige's new online appointment. Axfood & NorgesGruppen to acquire Eurocash AB... Sweden’s Axfood and Norway’s NorgesGruppen have reached an agreement to acquire Eurocash AB, a leading food-retailer on the ...
09 January 2017
Discount retailer Netto is renewing its focus on organic, as it launches a new organic range in Sweden and is running an organic-themed competition in Denmark. Sweden: new organic private label range for 2017 Netto is launching a new organic private label range this year, Go Eko (Go Organic), as it looks to capitalise on the growing popularity of organic products in Sweden. Source: N...
28 December 2016
With our team of analysts visiting over 20 countries in 2016, we’ve identified the top stores you should visit in the year ahead to see some of the key trends shaping format development in the sector: The development of new offers and services Investment in new channels  The re-purposing of space to ensure the future relevancy of existing stores Here’s our second insta...
23 December 2016
Swedish market leader ICA has agreed to acquire Lithuanian grocery retailer IKI for €213m, making ICA’s Rimi Baltic fascia the second largest grocery retailer in Lithuania. The deal is subject to approval from local competition authorities and this is expected to be confirmed by Q4 2017. ICA had lowest share in largest Baltic market Commenting on the development, ICA CEO Per Strömberg said,...
15 December 2016
We round up the latest news from Sweden, including the agenda from ICA’s Capital Markets Day and Axfood’s potential online acquisition. ICA upgrades capex by 40% Market leader ICA is holding its Capital Markets Day in Stockholm today (15 December). The agenda will include the Group’s strategic priorities, as well as reviews for ICA Sweden, Rimi Baltic and Apotek Hjärtat. In 2017, IC...
25 November 2016
Sweden’s ICA, which operates the Rimi Baltic chain in the Baltics has confirmed that it is in discussions to acquire Lithuanian grocery chain IKI, the country's second largest grocery retailer. Lithuania as a key growth driver for ICA… In the first half of 2016, despite being ICA’s smallest market in the Baltics, Lithuania was th star performer, with sales growth of 15.7%. During the fi...
24 November 2016
We highlight the latest developments in online and digital including enhancements to ICA’s mobile app and Coop’s record online growth. ICA improves app functionality Swedish market leader ICA is trialling new functionality in its app, which helps shoppers find products in store. The service is currently available in fifteen stores for use on Android and iPhones. Future functionality im...