DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

ICA Store Sales Increase 1.6% Year On Year In June

By Dayeeta Das
Share this article
ICA Store Sales Increase 1.6% Year On Year In June

Swedish retailer ICA Gruppen has reported a 1.6% year-on-year growth in store sales to SEK 10.7 billion (€1.01 billion) in June.

Sales in like-for-like stores also increased by 1.6% year on year during the same period.

Maxi ICA Stormarknad and ICA Nära saw like-for-like sales grow by 2.6% and 2.5%.

Like-for-like sales in ICA Supermarket and ICA Kvantum grew by 1.0% and 0.5% respectively.

Sales in January to June 2019 increased by 2.6% year on year and amounted to SEK 59.6 billion (€5.6 billion).

ADVERTISEMENT

The retail chain, which operates 1,272 stores, has estimated the calendar effect for June to be -1.8%.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.