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Insights

Swedish market leader ICA has accelerated the rollout of its ICA Pronto rapid delivery app to support older or more vulnerable people amidst the Coronavirus (COVID-19) pandemic.

This in-depth guide to Sweden explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

We look at five key trends set to shape the Western Europe in 2020. Retailers are continuing to invest in private labels, health, wellness and lifestyle choices. At the same time, retailers are focusing on evolving existing strategies and creating innovative store formats. 

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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.

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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...
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 ...
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...

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