The Swedish ICA Gruppen (ICA Group) has seen an increase in sales of 3.0% over September 2016, compared with the same month last year. Comparing like-for-like stores, sales increased by 2.6%.
The total of sales for the ICA Group in September amounted to €905.97 million (excluding VAT), or an increase of 3.0% compared with the same month last year. Sales from January to September 2016 amounted to €8543.76 million - an increase of 2.8% compared with 2015.
The ICA Group is the largest retailer of food- and health products in Scandinavia, currently operating 1,295 stores. The Group includes ICA Nära, Maxi ICA Stormarknad, ICA Supermarkets' and ICA Kvantum stores.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Martha Sparrius. To subscribe to ESM: The European Supermarket Magazine