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

Cloetta Confirms Refinancing For Up To Four Years

Swedish confectionery firm Cloetta has announced that it has secured refinancing for up to four years through its existing banking group. The company ha...

Sweden's Axfood Sees Sales Up, Albeit Impacted By Tough Comparatives

Swedish retailer Axfood has posted a 1.0% increase in consolidated net sales in the first quarter of its financial year, although chief executive Klas Balk...

Sweden’s ICA Reports Sales Growth Of 2.6% In Q1

Swedish retailer ICA Gruppen has posted 2.6% year-on-year growth in store sales, to SEK31.3 billion (€3.07 billion) excluding VAT, in the three m...

Norwegian Cross Border Trade Plummets 87.5% Due To COVID-19

Norwegian consumers spent 87.5% less in Sweden last year, as COVID-19 restrictions led to cross-border trade being decimated, new data has shown. Accord...

Confidence In Non-Durable Goods Trade Rises In Sweden: Svensk Handel

Sweden has reported an increase in confidence in the future of the non-durable goods trade in March, according to Svensk Handel – a group that repres...

Swedish Fuel Retailer OKQ8 Acknowledged For Sustainability

Swedish fuel operator OKQ8 has been named the country's most sustainable fuel brand by the Sustainable Brand Index, reflecting efforts made by the business...

Oatly To Open UK Factory To Meet Growing Oat Milk Demand

Oatly, backed by Oprah Winfrey and rapper Jay-Z, plans to open its first plant-based dairy in the UK, producing up to 300 million litres of oat milk per ye...

Sweden’s ICA Sees Sales Up 1.9% In February

Swedish retailer ICA has reported a 1.9% year-on-year increase in sales to SEK9.8 billion (€970 million) in February of this year. In January-Febru...