Kesko news

Finland’s second largest retailer, Kesko, has a new automated fulfilment system to support its online grocery business. Bringing efficiency to its online delivery model To delivery its strategy of offering the best multi-channel experience to customers, Kesko has strengthened its online grocery operation with an automated fulfilment system. The system has been installed by intelligent autom...

In 2021 Kesko took €11.3bn which was +8.2% against the previous year with the grocery trade growing 3.1%. This year the retailer has already taken €5.9bn which is +5.2% vs 2021. Grocery trade reports a 3.6% growth in H1 on top of 3.1% growth in 2021 The grocery sector of the business has already taken £2.96bn (+3.6%) in H1 and from April to June the growth was 5.2% vs 2021. In the month of Ju...

Finland’s Kesko announced it has updated it sustainability strategy. The retailer aims to continue its sustainability journey by staying ahead of the competition. Previously, Kesko has made the Global 100 Most Sustainable Corporations in the World list by Corporate Knights. Kesko’s sustainability strategy The retailer’s sustainability strategy focuses on four areas: Climate and nature S...

Finland's Kesko has grown its market share by 5% since 2014 and doubled its operating margin since that time too. Its hypermarkets and supermarkets account for 60% of grocery sales. As is the case in much of Europe, Kesko’s large stores have outperformed other physical store channels during the pandemic. Hypermarket sales grew by 13% in 2020, while supermarket sales increased by 9%. K-Citym...

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...

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 ...

As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...

Finland's Kesko has grown its market share by 5% since 2014 and has doubled its operating margin during the same period. In this article, we share insight and videos from its recent virtual Capital Markets Day on what’s driving its outperformance and its strategic priorities. Six key market trends President and CEO Mikko Helander began the Capital Markets Day event by highlighting that Ke...

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...

As retailers across the Nordics invest in foodservice opportunities in-store, out of store and online, we share some of the latest innovations from Finland. 1. Europe’s biggest sushi seller and country’s biggest venue in new partnership Kesko K-Citymarket Järvenpää, which won the IGD Store of the Year award 2019 claims to be Europe’s biggest sushi seller, selling thousands of kilograms...