ICA news

06 May 2021
We round up the latest online grocery news in the Nordics where: Sweden’s ICA has opened its first warehouse in partnership with Ocado Salling Group has launched online at its føtex banner in Copenhagen Salling Group has opened its first automated click and collect point Norway’s Kolonial has secured a €223m investment to rebrand and expand in Europe Many of these developme...
16 February 2021
After an unprecedented year, two leading Swedish retailers, ICA and Axfood have released their 2020 annual reports, while ICA recently ran a virtual Capital Markets Day event. In this article, we reveal the channel trends driving this exceptional year in Sweden and report on the impact on retailer strategy. Next week, we’ll consider the shopper trends and retailer priorities for IGD Retail A...
01 February 2021
In 2020, despite the Coronavirus (COVID-19) pandemic, there was significant format innovation in the Nordics, especially so in Sweden. This theme has continued into 2021, with several new concepts launching so far this year already. Last month, we published an exclusive article, 10 Nordic stores to visit in 2021 . We described that the region offers something for everyone to be inspi...
15 January 2021
In our recent Western European outlook 2021 article, we highlighted ‘Stepping up on sustainability’ as one of five trends that we expect to shape grocery retail in 2021. This is especially the case in the Nordics, where sustainability remains at the heart of retailer strategies despite the COVID-19 pandemic. In 2020, the World Economic Forum in Davos revealed the Global 100 Most Sustainable ...
10 November 2020
We highlight case studies from the Nordics where retailers have been fundraising for a key cause during October and November. Themed private label products, donating a percentage of product turnover and encouraging shoppers to donate are among the tactics used. 1. Sweden: ICA raises €5.5m for the Pink Ribbon campaign with themed private label, bracelets and donations Source: ICA I...
20 August 2020
10 things we learned from ICA’s Q2 results ICA has reported its Q2 results, with net sales increasing by 4.6% to SEK 31,924m (€3.1bn). We round up the highlights including growth in hypermarkets, larger supermarkets and online, as well as consider the impact of Coronavirus (COVID-19) on KPIs and trends. We also review performance in the Baltics and in the pharmacy business, in addition to a...
06 August 2020
Amazon has announced plans to launch in Sweden, the Nordic region’s largest grocery market. Here we consider which FMCG categories it usually prioritises and report on the online performance of leading Swedish grocery retailers. First launch in a Nordic country Launching in Sweden will see Amazon’s entry into the Nordics. Customers in Sweden can already shop on Amazon through other European...
04 June 2020
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. 1. Partnership with Circle K in click and collect push Axfood’s discount banner Willys has introduced click and collect lockers at Circle K forecourts. Initially this will include four stores in the Frescati, Bandh...
06 April 2020
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...
28 February 2020
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 ...