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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 take a look at the trends set to shape retailing in Western Europe in the year ahead.

Latest News
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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.

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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...
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...
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 ...

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