Axfood: latest news, analysis and trading updates | ESM Magazine

Axfood Announces Strategic Partnership With Mathem

Axfood has entered into a strategic partnership with online grocery retailer Mathem and has agreed to divest the operations of Mat.se to Mathem in exchange...

Axfood Reports ‘Good Profitability’ In Third Quarter

Swedish retailer Axfood has reported good profitability despite high comparison figures in the third quarter of its financial year. Net sales increased...

Axfood Taking Steps To 'Boost Competitiveness', Posts Q2 Sales Gain

Swedish retailer Axfood has said that it is 'taking significant steps' to ensure its future competitiveness, through recent acquisitions and the bolstering...

Axfood To Acquire Wholesale Business Of Bergendahls

Swedish retailer Axfood has reached an agreement with Bergendahl & Son AB (Bergendahls) to acquire 100% of Bergendahl Food AB (Bergendahl Wholesale...

Sweden's Axfood Sees Sales Up, Albeit Impacted By Tough Comparatives

Swedish retailer Axfood has posted a 1.0% increase in consolidated net sales in the first quarter of its financial year, although chief executive Klas Balk...

Online Sales Surge At Sweden's Axfood, Though Border Closures Hit Eurocash

Swedish retailer Axfood said that online B2C sales were up 157% in the fourth quarter of its financial year, as shoppers embraced click and collect options...

Axfood Sees Sales, Profitability Up, Despite Challenging Operating Conditions

Swedish retailer Axfood has posted a 5.5% increase in consolidated net sales in its third quarter, along with a 11.3% increase in operating profits, while...

Sweden's Axfood Names Karin Hedlund As Its New IT Head

Swedish retailer Axfood has announced the appointment of Karin Hedlund as its new head of IT, effective 1 November. She succeeds Jan Lindmark, who has d...