S Group news

25 January 2017
Finland’s S Group has reported its 2016 results, with retail sales excluding tax grew by 2.0% to €11.02bn, while grocery sales grew by 3.8% to €6.78bn. 45% growth in online The retailer also enjoyed 45% growth in its online business, as CEO Taavi Heikkilä commented that,  'although the sales volume is still quite small, the direction is right and in line with our strategy' . Deregulation...
11 January 2017
We round up the latest news from Finland’s S Group including the retailer’s round of price cuts on domestic vegetables and its award winning mobile app. S Group cuts prices of domestic vegetable lines Nutritional advice and customer insight has inspired S Group to reduce the prices of domestic vegetable lines. Commenting on the development, CEO Taavi Heikkilä said, ‘Less than 10% of...
14 October 2016
In this update, we look at what has happened at retailers across the region in the third quarter of 2016, including market entries & acquisitions, new store concepts, online & technology developments, loyalty enhancements and new appointments. MARKET ENTRIES & ACQUISITIONS Albania –  SPAR has opened its first stores in the country in partnership with Balfin Group, making Albania the 4...
06 October 2016
We round up the latest news from Denmark and Finland where Reitangruppen is re-branding  forecourts, Coop Danmark is promoting organic and S Group is enjoying growth in the sale of organic products. . Reitangruppen re-brands Uno-X forecourts Reitangruppen is to re-brand 87 of its 262 Uno-X petrol forecourt stores as Bonus. This will allow Reitangruppen to ‘create an environment where p...
27 September 2016
Finland's S Group has taken the next step in the digitalisation of its loyalty program, shifting away from paper-based coupons as of the end of October. Benefits accessible in real-time online The change will allow loyal shoppers to access their e-bonus benefits in real-time rather than six times a year through a paper statement. This can be done through the retailer’s app, website or s...
08 August 2016
Finnish market leader S Group has revealed its results for the first half of 2016, reporting that total sales excluding taxes rose by 1.7% to €5,336m, while sales in the retailer’s supermarket trade increased by 3.8% to €3,764m. Grocery sales in Finland were a particular highlight, increasing by 4.2% to €3,315m. CEO: flexible hours helped drive footfall & sales Commenting on the results, T...
22 July 2016
Finnish market leader S Group has published an online question and answer article with its Food Ecommerce Development Manager, Jarkko Vippola. We update you on the highlights, including sales in 2015, focus areas and insight on key customers. Sales of €15.5m, broadening reach & popular with families • In 2015, S Group achieved online food sales of €15.5m . • The retailer has been de...
09 June 2016
Finnish market leader S Group is piloting the sale of organic products online in the country’s metropolitan areas. Partnership with well-established farm The retailer is partnering with the Bosgården organic farm to fulfil these orders. Three types of meat boxes are available, including organic beef mince, assorted organic beef and a barbecue grill selection. The farm already has a ‘ ...
31 March 2016
We round up the latest format developments in Finland, including market leader S Group and Kesko’s new service station concepts, as well as Kesko’s new hypermarket concept. S Group to launch new Local ABC! service station concept S Group , which already operates a number of Finnish service stations, is to launch a new local service station concept this year in 120 stores . The new co...
12 February 2016
Finland’s S Group has released its 2015 results, reporting a 3.4% decline in sales excluding tax to €10.8bn, while grocery sales in Finland dropped by 0.3% to €6.5bn. Lower prices are long-term strategy The retailer advised that cost savings have allowed it to lower grocery prices, which have ‘considerably increased S Group’s customer and sales volumes’ , while ‘ the price reductions ...