Denmark - News & Analysis

25 March 2015
Leading Danish grocery retailer, Coop Danmark has revealed its 2014 results, reporting a 0.7% increase in net turnover to DKK 44.7bn (€6.0bn) and a 122.6% increase in EBIT to DKK 523m (€70.1m).  The retailer has also launched a new concept at a Copenhagen transport hub offering  'unique elements' . Discount & supermarkets drive growth The majority of the retailer’s chains reported growth, wi...
24 March 2015
Kooperativa Förbundet (KF), the Swedish Cooperative Union which owns Coop Sverige, Sweden’s second largest grocery retailer, has revealed its 2014 results, reporting net sales of SEK 34.2bn (€3.7bn), alongside an operating loss of SEK 306m (€32.9m) or a net loss of SEK 49m (€5.3m). Comparative figures versus 2013 are unavailable given that the retailer launched its new structure, Coop Group on...
19 March 2015
In increasingly competitive environments, retailers and manufacturers are looking to offer innovative promotions in order to stand out from the crowd. In this article, IGD senior retail analyst Harriet Cohen highlights five of our favourite promotions from 2014, and those that we think are likely to extend into 2015. Har...
17 March 2015
As Couche-Tard completes on the acquisition of The Pantry, two further deals are announced. Focus on integration, driving sales and delivering cost savings Couche-Tard has a long history of growing its operations through acquisitions. This week it completed the acquisition of US-based The Pantry. This is a leading convenience retailer in the south east of the US, operating around 1,500 s...
11 March 2015
Denmark-based discounter Netto, which is part of a joint venture between parent company Dansk Supermarked and Sainsbury’s, is set to launch its first UK standalone store in Hull in late 2015. Meanwhile, in its home market of Denmark, Dansk Supermarked is set to trial a mobile payment system. Announcement follows the launch of five other UK sites Since opening its first UK store  in November 2...
03 March 2015
Reitangruppen, Norway’s second largest grocery retailer has released its 2014 results, reporting a 6.5% increase in turnover to NOK 83bn (€9.5bn). Discount success: ‘running logical concepts that customers want’ The retailer’s discount banner, REMA 1000, continued to perform, reporting a 5.8% increase in turnover to NOK 58bn (€6.7bn). The retailer attributed this to running ‘logical c...
04 February 2015
Leading Danish grocery retailer, Coop Danmark, has launched a new convenience store concept through its DagliBrugsen format for the first time in 23 years. Ambition is to roll out to 300 stores Its first store opened last weekend in Glejbjerg, while the second store in Brylle Fyn is also preparing for launch. Assuming that the initial stores are well received, the retailer plans to roll out ...
04 February 2015
Danish discounter Netto has announced that it will open over 50 new stores in 2015, including 15 launches in new locations. In addition to the new openings, there will be 20 relocations, as well as a similar number of renovations. Focus on fresh means that larger stores are necessary The retailer has advised that the move is necessary given its recent focus on fresh categories. A press re...
27 January 2015
Leading Danish grocery retailer, Coop Danmark, is to open a pop up organic restaurant to coincide with Copenhagen Dining Week 2015 from Monday 9th February to Sunday 15th February. Dishes produced from private label organic products The restaurant, which will be called Ørma , will serve a three course menu  produced with 100% organic products are available as part of the retailer’s private...
16 January 2015
Danish retailer, Dansk Supermarked, has appointed Anders Hagh as its new CFO. Hagh joins Dansk Supermarked having spent ten years in senior management positions in Denmark and Asia. Anders Haigh: ‘Dansk Supermarked … is on a very exciting journey’ Commenting on his appointment, Hagh said, ‘Dank Supermarked has set the bar high for a Danish company and is on a very exciting journey towards b...