Sweden

Swedish Axfood Posts Results For Eventful Q1

The Swedish retail and wholesale group Axfood reported consolidated net sales amounting to SEK 10,639 million (€1,106 million), an increase of 3.2%, a...

Coop Sweden 'Has Never Been In Better Shape', Says CEO

Coop Sweden chief executive Sonat Burman-Olsson has said that the retailer has "never been in better shape", following a significant 42% increase...

Swedish Retailer ICA Sees Slight Slump In February Sales

Swedish retailer ICA has posted a 0.2% year-on-year decline in February sales figures, citing calendar impact of the extra day in February 2016. The Swe...

Swedish Retailer Axfood's CFO To Depart Alongside Outgoing CEO

The chief financial officer of Swedish retailer Axfood has announced that she will leave her post at the same time as outgoing CEO Anders Strålman, d...

Outgoing Axfood Chief Executive Calls On Successor To Foster Growth

The outgoing chief executive at Swedish retailer Axfood, Anders Strålman, has told ESM that his successor, Klas Balkow, should focus on three simple...

Sweden’s ICA Posts 1.6% Increase In Sales In Q4

Swedish retail group ICA Gruppen has posted a 1.6% increase in consolidated net sales in the fourth quarter of the year, of SEK 26.9 billion (around €...

Sweden’s Axfood Posts 5.1% Increase In Consolidated Net Sales In 2016

Swedish retailer Axfood has said that 2016 was its ‘best year’ to date, as the retailer posted a consolidated net sales increase of 5.1% to SEK...

ICA Gruppen Completes Sale Of ICA Eiendom Norge

Swedish retailer ICA Gruppen confirmed today that its real estate arm had completed the sale of ICA Eiendom Norge AS to the Union Real Estate Fund II,...