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Retail

ICA Sweden Sees Sales Rise 3.7% Year-On-Year

By Steve Wynne-Jones
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ICA Sweden Sees Sales Rise 3.7% Year-On-Year

Sales at ICA's Swedish stores were 3.7% higher in November 2015, compared to the same month the previous year, the retailer has said.

Sales in November stood at SEK 8.6 billion, while sales for the period January to November 2015 totaled SEK 98 billion, an increase of 3.8% on the previous year.

As of 30 November, ICA operates 1,306 stores in Sweden.

Earlier this week, ICA Sweden announced plans to be fully climate-neutral within five years. The group intends to achieve this by reducing greenhouse gas emissions and through more efficient use of resources, as well as by compensating the climate impact than cannot be eliminated in ICA’s operations by 2020.

“Sustainability and the climate are a strategic priority for us,” said Per Strömberg, CEO of ICA Gruppen.

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“We achieved our previous target – to lower our direct climate impact by 30% from 2006 to 2020 – already at the start of this year. So we know what we are capable of. We are therefore now setting a much more ambitious climate target that we are proud of, and that hopefully will inspire other companies to address responsibility.”

© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.

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