ICA Announces Sales Figures For August

Swedish retailer ICA has reported an increase in sales of 1.1% in August, compared to the same month last year.

Maxi ICA Stormarknad’s sales totalled SEK 2,846 million, with a 1.8% like-for-like sales increase on last year.

ICA Kvantum was up 1.9%, totalling SEK 2,288 million, while ICA Supermarket and ICA Nära both saw a decline in like-for-like sales, of -0.4%, and -0.2%, respectively.

ICA Gruppen operates a total of 1,295 stores in Sweden.