Axfood

Sweden’s Axfood Sees Sales Up 4.6% In Fourth Quarter

Swedish retailer Axfood has posted a 4.6% increase in consolidated net sales in the fourth quarter of its financial year. The group posted sales of SEK...

Sweden’s Axfood Increases Ownership In Urban Deli

Swedish retailer Axfood has increased its ownership in foodhall-cum-restaurant chain Urban Deli from 50% to slightly over 90%. Axfood was a minority inv...

ESM: A Year In Retail – Klas Balkow, Axfood, Issue 2 2018

In the run up to Christmas 2018, ESM is proud to present a recap of some of our biggest articles of the year, exclusively for Premium website subscribers....

Sweden's Axfood Posts 2.5% Increase In Consolidated Net Sales

Swedish retailer Axfood has said that consolidated net sales amounted to SEK 12.2 billion (€1.18 billion) in the second quarter of its financial year,...

Aldi Leads The Way At PLMA Salute to Excellence Awards

Germany's Aldi Süd was the most decorated retailer at this year's PLMA International Salute to Excellence Awards, which have been announced in Amsterdam....

Axfood Chief Hails 'Truly Good Start To The Year', With Sales Up 7.6%

The chief executive of Swedish retailer Axfood, Klas Balkow, has praised the retailer's "truly good start to the year", as the retailer posted a...

Axfood CEO Says 2017 Was 'Outstanding' Year, Plans Future Development

The chief executive of Swedish retail group Axfood has described 2017 as an 'eventful year with outstanding sales growth.' In the group's annual report,...

Axfood Sees 6% Sales Increase, But Investments Lead To Profit Drop

Swedish retailer Axfood has reported consolidated net sales of SEK 45,968 million in 2017, representing an increase of 6% year on year. However, the gro...