Sweden: latest retail news, insights and analysis | ESM Magazine

Essity Delivers Second-Quarter Profit Beat As Volumes Rebound

Swedish hygiene products maker Essity has reported second-quarter core earnings above expectations, citing cost savings, while volumes rose in nearly all o...

Axfood Reports 2.6% Growth In Retail Sales In Second Quarter

Swedish retailer Axfood has reported a 2.6% year-on-year increase in retail sales to SEK 16.5 billion in the second quarter of its financial year.

Sweden's Essity Raises Margin Target After Vinda Sale

Swedish hygiene products maker Essity raised its core profit margin target and reiterated its core sales target after divestment of Hong Kong-listed subsid...

Axfood Agrees To Acquire City Gross For SEK 2bn

Swedish retailer Axfood has reached an agreement with Bergendahl Food Holding to acquire 100% of the food retail chain City Gross for SEK 2 billion (€...

Oda To Cut 150 Jobs As It Shifts Focus On Norway, Sweden

Oda plans to merge its Swedish, Norwegian and global management group as it seeks to achieve profitability in the Norwegian and Swedish markets by 2025.

Dagab To Focus On Axfood's Convenience Trade From Örebro Facility

Axfood subsidiary Dagab will cater to external customers in the convenience trade from its existing warehouse in Örebro, Sweden.

Axfood Names Shoan Etemadi As New Managing Director Of Hemköpskedjan

Axfood has appointed Shoan Etemadi as the new managing director of Hemköpskedjan AB, which operates the Hemköp and Tempo chains in Sweden.

Swedish Investor AP7 To Back Study On Mondelēz’s Russia Business

At least one Mondelēz International investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent...