Denmark - News & Analysis

20 June 2014
In a surprise development, Sainsbury's has announced that it is setting up a new joint venture with Dansk Supermarked to reintroduce the Netto discount format to the UK. Reinventing the Netto format According to Sainsbury's, the new Netto stores will be radically different to the Netto stores that Dansk Supermarked sold to Asda when it withdrew from the UK in 2010. While they will continue ...
12 June 2014
Danish grocery retailer, Dansk Supermarked has partnered with Dansk Bank is to introduce mobile payment in its stores. This is made possible by use of the Mobile Pay smartphone app, which is already used by a number of other Danish organisations. Initially, however, the service will only be available in seven in-store Starbucks branches. E-Commerce Director: ‘Mobile payment is evolving at lightni...
21 May 2014
In separate announcements Dansk Supermarked is set to unify a number of Netto’s private labels, while results from AP Møller-Mærsk show that the retailer continues to grow sales. First quarter results show continued improvement Although AP Møller-Mærsk sold its majority stake in Dansk Supermarked in April 2014, the company has reported net sales for the first quarter, saying that sales had ri...
07 May 2014
Dansk Supermarked Group, a leading Danish grocery retailer, is to consolidate 1,500 private label products by 2015 under the name ‘Our’ , according to a report by FødevareWatch . Purpose is ‘to help the consumer’ Are Ellingsve, private label brand manager, commented ‘we are mainly doing this to help the consumer. For many years we have had many private label products, but in the medium p...
03 April 2014
Coop Danmark, Denmark’s largest grocery retailer has released its annual results for the year ending 31st December 2013, reporting a 0.9% decline in sales excluding VAT to DKK 44.4bn (€5.9bn). CEO: Varied performance by format and reduced store openings in the year ahead Elaborating on the performance by format and new store opening plans, CEO Peter Hogsted advised that ‘the operation of the...
28 March 2014
Norgesgruppen, Norway’s largest grocery retailer has released its 2013 results, reporting an 8.6% increase in operating income to NOK 67.5bn (€8.1bn). Operating profit increased by 2.5% to NOK 2.6bn (€313m). Market share gains The retailer reported market share gains of 0.8% to 39.3% in 2013. CEO: ‘We have seen good growth … in a market characterized by fierce competition’ Commenting o...
21 March 2014
Reitangruppen, Norway’s second largest grocery retailer has released its 2013 results, reporting a 6.9% increase in turnover to NOK 77bn (€9.2bn). Reitangruppen, Norway’s second largest grocery retailer has released its 2013 results, reporting a 6.9% increase in turnover to NOK 77bn (€9.2bn). Double digit growth in Norway Total Norwegian turnover increased by 12.4% to NOK 53.4bn (€6.4bn), w...
18 March 2014
Celesio has announced a slight fall in sales for the fiscal year 2013 while reporting continuing progress in its broader strategy. Group revenue decrease by 3.9% Total group revenue declined by 3.9% from €22,270m to €21,407m in 2013. Celesio attributes the deconsolidation of the Czech operations in November 2012 and the Irish wholesale operation in May 2013, along with currency effects, to this...
03 March 2014
Dansk Supermarked Group, Denmark’s second largest grocery retailer has reported its 2013 annual results, reporting a 2.3% increase in turnover to DKK 56.9bn (€7.6bn). Successes in discount format and customer focus The retailer attributed growth to increased sales in the Netto banner, the retailer’s discount format and ‘increased focus on customers through better shopping experiences and com...
07 February 2014
Coop Danmark, Denmark’s largest grocery retailer has announced the opening of more Fakta Q stores, the retailer’s hybrid discount convenience chain that it first launched in 2010. Format to grow to 25 stores by March Earlier this week, the retailer opened four new Fakta Q stores in Espergaerde, Aalborg, Naestved and Slagelse. Next month, the retailer plans to open a further seven stores. This...