Sweden

ICA Launches New Digital Innovation Hub

Swedish retailer ICA Gruppen has developed a new innovation hub, ICAx, which aims to strengthen the group's ability to use digital technology to improve it...

Sweden’s ICA Posts Profit Increase In Second Quarter

Swedish retailer ICA Gruppen has seen its profit for the second quarter of the year rise by 23%, to SEK 1.02 billion (€110 million), according to figu...

Swedish Retailers 'More Pessimistic' During Summer Months

Svensk Handel, the representative group for the Swedish retail and wholesale sector, has issued its latest Trade Barometer, in which it found traders to be...

Sweden's Axfood Unveils Online Pharmacy Service

Swedish retailer Axfood has launched a new online pharmacy service, alongside Axel Johnson’s investment company Novax and online contact lens retaile...

Sweden's ICA Posts 1.9% Sales Increase In July

Swedish retailer ICA posted a 1.9% increase in sales in July, compared with the same month the previous year. Like-for-like sales were up 1.2%. Sales ac...

Axfood Appoints Anders Lexmon As New CFO

Swedish retailer Axfood has appointed Anders Lexmon as its new CFO. Lexmon will assume the position on 1 August and will also become a member of Axfoo...

Axfood Sees Net Sales Rise 9.4% In Second Quarter

Swedish retailer Axfood has seen its consolidated net sales rise 9.4% in the second quarter of its financial year, with the group posting sales of SEK 11.9...

Sweden's ICA Gruppen Sees Sales Rise 3.4% In June

Swedish retailer ICA Gruppen saw its sales rise by 3.4% in June, according to an update posted by the retailer recently. Like-for-like sales were up 2.6%....