Sweden news & analysis

29 October 2019
We look at how Coop Sweden is converting its recently purchased Netto stores. Meanwhile in Belgium, Lidl is trialling a click and collect service as Colruyt rolls out its speech assistant technology. Separately, Jumbo is expanding its online business range in the Netherlands. Sweden: Coop to convert 13 Netto stores Coop Sweden has started converting 13 Netto stores in Västergötland. The sto...
21 October 2019
An update on what has happened at Lidl across Europe recently. Lidl Belgium tests in-store grocery pick-up Lidl is currently testing grocery pick-up at one of its stores, for orders made on lidl-simpl.be. Home delivery has been available since 2018 in the city of Ghent. Customers will be able to pick-up their orders, in-store, for a fee of €2.99. When entering the store, shoppers scan a bar...
21 October 2019
We round up the latest news from retailers in Sweden, Finland and Norway as they grow their store presence, launch a digital baby influencer, celebrate their private label brand and trial new sustainable measures. Sweden: Lidl opens 12 th store in Gothenburg… The new 800 sq. m store is expected to open in Q2 2020. It will be located in a new residential area in the Kviberg area, which is c...
15 October 2019
We round up the latest news from retailers in Belgium, Denmark, Finland, Sweden and the Netherlands. Finland: Lidl appoints new CEO Lauri Sippo has stood down as CEO of Lidl Finland, after 20 years at the company. He has been replaced by former operations director, Nicholas Pennanen.  Pennanen commented, “On behalf of myself and our entire staff, I thank Lauri Sippo for his almost 20 ye...
17 September 2019
After acquiring 163 Netto stores from Salling Group in May 2019 , Coop Sverige has reopened the first three converted stores.   Store conversions to be completed by Q3 2020 The first stores have reopened in Falkenberg, Malmö and Sollentuna. They have been converted to the appearance and format of other Coop stores and have extended opening hours. The stores also stock a wider range com...
06 September 2019
Coop Sverige has launched a same-day delivery service in greater Stockholm and is streamlining its business structure. Meanwhile, Axfood has announced that Hemköp president Thomas Gäreskog is stepping down. Coop launches same-day delivery service… In collaboration with logistics company Widrikssons Åkeri, Coop Sverige has introduced same-day delivery for online grocery orders in greater Sto...
05 September 2019
Lidl Sweden has launched a brand new marketing campaign involving its shoppers. Existing customers will become brand ambassadors and help Lidl promote its products to their friends and families who do not shop at the discounter. Shoppers as brand ambassadors The retailer takes a fun and cheeky approach by asking its shoppers to help convince friends and families that thanks to Lidl, “fo...
15 August 2019
ICA has released its first half results, reporting consolidated net sales increased by 3.9% to SEK58,627m (US$6.1bn). Operating profit excluding items affecting comparability was SEK2,490m (US$259m) while cash flow from operating activities was SEK4,737m (US$493m). CEO: good H1 but more to do Commenting on the results, CEO Per Strömberg said, “I can affirm that we have had a good first ha...
16 July 2019
Sweden-based Axfood has revealed its Q2 2019 results, reporting an increase in net sales of 6.7% to SEK13.0 bn (US$1.4 bn). For the three months to 30 June, operating profit also rose by 10.2% to SEK601m (US$64.1m), while net profit totalled SEK429m (US$45.8m). Growth in Q2 driven by formats… Axfood attributes the growth to “Willys’ continued strong performance as well as by Axfood Snabbgr...
03 July 2019
Sweden-based ICA has appointed a new chief digital officer (CDO) and new chief strategy and business development officer (CSO). The two positions will spearhead the roll out of ICA’s online and digital strategy. Anders Bärlund selected as CSO… Anders Bärlund has been appointed as the new CSO, replacing Liv Forhaug by 30 September 2019. Bärlund will also join the ICA Gruppen Management Team ...