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

Axfood CEO Says 2017 Was 'Outstanding' Year, Plans Future Development

The chief executive of Swedish retail group Axfood has described 2017 as an 'eventful year with outstanding sales growth.' In the group's annual report,...

Axfood Sees 6% Sales Increase, But Investments Lead To Profit Drop

Swedish retailer Axfood has reported consolidated net sales of SEK 45,968 million in 2017, representing an increase of 6% year on year. However, the gro...

Fresh Produce In 2018: What The Buyers Say

In Issue 6 - 2017 of ESM: European Supermarket Magazine, we presented our annual report on the state of the fruit and vegetable market in 2018, which featu...

Ann Carlsson Leaves Axfood Board After Pharmacy Move

Swedish retailer Axfood has announced that board member Ann Carlsson is stepping down from her position, following the company's decision to enter the phar...

Axfood Sells Minority Stake In Eurocash To Norgesgruppen

Swedish retailer Axfood has announced that it is selling 49% of its shares in Eurocash to Norwegian retail group Norgesgruppen. The deal was approved by...

Sweden's Axfood Unveils Online Pharmacy Service

Swedish retailer Axfood has launched a new online pharmacy service, alongside Axel Johnson’s investment company Novax and online contact lens retaile...

Axfood Appoints Anders Lexmon As New CFO

Swedish retailer Axfood has appointed Anders Lexmon as its new CFO. Lexmon will assume the position on 1 August and will also become a member of Axfoo...

Axfood Sees Net Sales Rise 9.4% In Second Quarter

Swedish retailer Axfood has seen its consolidated net sales rise 9.4% in the second quarter of its financial year, with the group posting sales of SEK 11.9...