Sweden news & analysis

16 August 2017
We round up the first half results from ICA and Axfood, while Coop Sverige reveals a change in CEO. Sweden H1: Axfood outperforms ICA Market leader ICA saw total consolidated net sales increase by 2.4% to SEK 52,182m (€5.5bn) . ICA Sweden saw first half net sales increased by 2.9% to SEK 37,398m (€3.9bn). ICA attributed growth to an increase in footfall and higher average basket. Elsewh...
13 June 2017
Bergendahls Food has begun a comprehensive restructure with immediate effect. This includes Peter Lund being appointed as CEO. This restructure will also see the following happen: City Gross will become a separate unit led by Henrik Weiden City Gross e-commerce will remain a separate unit led by Pontus Andersson Wholesale, including supply chain and logistics will be led by Johan J...
19 May 2017
Schwarz Group has reported net sales of EUR90.2 bn for the 2016 financial year which ended 28 February 2017, up 5.2%. Even though the Group reported slower growth than in the previous two years when its sales grew between 7% and 9% annually, we consider a 5.2% revenue growth as a strong performance. Lidl outperformed Kaufland in Germany Although Lidl does not publish its profit, ba...
16 May 2017
ICA has released a new report, 100 years ahead, following a survey and interviews with children born in the decade following the year 2000, highlighting their attitudes and approach to food in the future. 2040 food priorities: environment & health On the view of food in 2040, key findings were 'that it is environmentally friendly (54%), healthy (52%) and good (46%). Other highlights include...
20 April 2017
In separate announcements, Dansk Supermarked has appointed Michael Løve as Netto International's executive vice president, while also noting that it has enjoyed revenue growth of 0.7% in 2016. Revenue growth in the face of challenging market conditions Dansk Supermarked said revenue rose by 0.7 %, or DKK727m (US$104.8m), seeing it generate revenue of DKK57.9 bn (US$8.3 bn) in 2016. The comp...
19 April 2017
We bring you the latest developments from key grocery discount players in Europe. Aldi Sud, Germany: new pop-up bistro Aldi is launching a pop-up bistro this month in Cologne, Germany, to support its  Einfach ist Mehr (Simple is More) marketing campaign. The 90 sq m venue will be made up of eight upcycles shipping containers located in the Mediapark and will operate for three months, sea...
13 April 2017
We round up the latest developments from Netto in Sweden including the CEO’s departure, expansion plans and new concept stores. CEO Bernt Holm resigns… In late March, Netto Sweden’s CEO Bernt Holm resigned, with Jan Richter, former purchasing director taking over as acting president. This follows previous news that parent company Dansk Supermarked Group is also to recruit a new dir...
17 March 2017
We round up developments from Sweden's ICA and Denmark's Netto and KIWI as the retailers update on strategies, targets and tactics in tackling food waste in the region. Seven ICA stores are partnering with Food2change , a not for profit organisation, offering products that may have been previously wasted to individuals or families with low income. Sweden: ICA updates on partnership with ...
10 March 2017
Coop Sverige has released its results for 2016, reporting that store sales decreased by 4.2% to SEK 16.4bn (€1.7bn). The retailer partly attributed this the closure of stores, a reduced non-food range and the transition period where stores were converted to new concepts. However, the retailer saw operating income before items affecting comparability increase by 42.2% to SEK 236m (€24.7m). 2016...
09 March 2017
We bring you a round-up of the latest new initiatives across some of Lidl's European markets that demonstrate ways in which the discounter is evolving. Germany: Lidl accepts contactless Girocard payments Since February 2017, Lidl now accepts contactless payments via the widely-used Girocard method in all of its German stores. By using NFC-capable (Near Field Communication) methose, Lidl sho...