DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

Kesko CEO Wary Of Discounters

By square1
Share this article
Kesko CEO Wary Of Discounters

Aamulehti, the Finnish morning newspaper, has carried out an interview with Kesko CEO Mikko Helander, during which he evinced concern at the effect discount retailing is having on Finland's agricultural industry.

He expounded the belief that a difficult period could ensue for the sector if foreign discount chains continue to gain market share in his home country. He said also that a want of indigenous trading would be conducive to an impoverished shopping experience for the consumer, as foreign grocers are not as attentive to the need for specific, local foodstuffs.

He stated "The agricultural sector would be lost if we do not have, for example, Valio, Fazer, Raisio, and [Finnish] meat companies.

© 2015 European Supermarket Magazine – your source for the latest retail news. Article written by Peter Donnelly.

ADVERTISEMENT
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.