S Group news

19 January 2016
In the latest round of price activity in Finland, Kesko has revealed that it is reducing the prices of 2,000 products, due to falling raw material prices and decreasing costs. Kesko: ‘price is not the only deciding factor of a food store’ Commenting on the development, Jorma Rauhala, Senior Vice President for Kesko’s grocery trade said, ‘We ought to remember that price is not the only...
16 December 2015
Finnish market leader S Group is to extend the opening hours of 500 stores, following a decision in the Finnish government to relax trading legislation. Change to affect largest and smallest stores The change will affect stores of varying size across the retailer’s portfolio, including hypermarkets, supermarkets and convenience stores. S Group: move gives power to the customer Comme...
07 October 2015
Finland's market leader S Group is launching new click & collect lockers tomorrow, while earlier this week competitor Kesko launched a new smart mobile app. S Group to launch click & collect lockers in Helsinki car park S Group is partnering with Europark Finland to launch grocery click & collect at a parking garage in Helsinki. Thousands of products will be available to purchase throu...
22 September 2015
We round up some of the latest ecommerce developments to watch from the region’s leading retailers including advancements in Poland, Romania and Hungary; Agrokor’s strategic online project and what’s happening in click & collect. This article was written by Harriet Cohen,  Senior Retail Analyst in IGD's international researc...
16 June 2015
Following recent visits to key markets in northern Europe, Senior Retail  Analyst Harriet Cohen considers four trends shaping grocery retail across the region. This article was written by Harriet Cohen,  Senior Retail Analyst in IGD's international research team. Harriet is responsible for shaping IGD's research into  Sca...
27 May 2015
Kesko, Finland’s second largest grocery retailer has unveiled a new strategy, targeting ‘profitable growth’ in grocery. Primary ambition is to address market share Kesko’s primary ambition is to turn 'market share around in Finland in 2015' . €1bn investment in supermarkets and convenience stores As part of its plan to address market share challenges, Kesko is to invest €1bn in ...
10 February 2015
Kesko, Finland’s second largest grocery retailer, has reported a 2.6% decline in total sales to €9,071m. Its food business performed slightly better, reporting a 1.6% decline in net sales to €4,316m. Russia performs despite headwinds In Russia, food net sales increased by 46.7% to €103m despite, ‘the slowdown of the economy and the weakening of the rouble’ . Kesko currently has three new Russ...
27 January 2015
Finnish grocery retailer Kesko has appointed Anni Ronkainen as its Chief Digital Officer. Ronkainen joins from Google Anni Ronkainen joins Kesko from Google, where she has been Country Manager for Finland since 2009. Prior to working for Google, Ronkainen was CEO of advertising agency, McCann Helsinki and Business Development Director at Satama Finland Oy. Ronkainen to join Kesko’s Group ...
19 January 2015
Finnish market leader S Group has announced that it is lowering the prices of the most popular food products in its Prisma hypermarkets from today, in response to customer feedback. The move follows that of rival Kesko, which reportedly reduced prices in November last year. CEO: ‘We will do our utmost to become the most affordable grocery store in Finland’ Commenting on the developmen...
17 December 2014
Anticipating massive price increases of imported goods, shoppers in Russia have been spending their savings in the last couple weeks, trying to invest their savings into valuable products. IKEA and M.video stores are very busy while Apple closed its online shop yesterday, for the second time since October, in order to change its pricing. All car dealers in Moscow have run out of cars, while luxur...