Sweden

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%....

Scandi Standard Enters Agreement To Acquire Manor Farm

Sweden's Scandi Standard AB has announced that it has entered an agreement to acquire Manor Farm, a chicken processor in the Republic of Ireland. The de...

Sweden’s ICA Sees May Sales Rise 2.4%

Swedish retailer ICA has seen like-for-like sales across its store portfolio rise by 2.4% in the month of May, to SEK 9.754 billion. Its Maxi ICA Storma...

Svensk Handel Welcomes Governmental Approach To Plastic Waste

Svensk Handel, the Swedish trade association, has announced that it welcomes the government's initiative to set up a committee to look at ways to redu...

SCA Offshoot Essity To Commence Trading On Stock Exchange On 15 June

Essity, the hygiene and health offshoot of paper giant Svenska Cellulosa Aktiebolaget (SCA), is to commence trading on the Nasdaq Stockholm on 15 June, acc...

Sweden's Axfood Acquires 'Meal Pack' Provider Middagsfrid

Swedish retailer Axfood has announced the acquisition of Middagsfrid, a business that delivers ready-packed grocery bags with predefined recipes to custome...

Swedish Retail Trade ‘More Optimistic’ Says Svensk Handel

Sweden’s retailers are now more optimistic about their future profitability, according to the April Business Outlook Survey, produced by Svensk Hande...