Markets/Sweden/News

Sweden news & analysis

01 December 2021
Swedish market leader ICA has launched its first automated warehouse in partnership with Ocado in Brunna, Stockholm. This follows an initial announcement in May 2018 that the two companies would partner, with ICA investing SEK 1.1bn (€107.3m) in the warehouse and technology. Online accounts for almost 5% of sales at ICA Sweden In 2020, ICA achieved e-commerce growth of 117% in 2020. During ...
27 October 2021
Reitan Convenience has made one of its 'largest investments ever' , by opening PBX , its sustainable convenience store of the future, in partnership with design agency Reactor AB . In launching the concept, the retailer hopes 'to set a new standard for ourselves and for our industry' . In this feature, we highlight ten sustainable innovations that make PBX stand out. Source: Re...
14 September 2021
Europe’s largest retailer is accelerating its sustainable transformation. While many of the developments are not unique in the retail industry, the size and scale of Lidl means these solutions could contribute to make it a leader in Europe in terms of sustainability. We look at some of its latest developments in the region. Tighter plastic reduction targets through Reset Plastic strategy In...
08 September 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Sweden: Pressbyrån opens unstaffed store in a hospital   Pressbyrån has opened its second unstaffed 24/7 Pressbyrån Go store, this time at Huddinge Hospital. In urban locations...
24 August 2021
After a period of comparative inactivity, loyalty programmes are coming back into focus as retailers look to collect data to support long-term growth. However, short-term demands are coming increasingly into focus as retailers look to keep the new shoppers they gained during the pandemic. In this article we look at three schemes that standout and where programmes could go in future. Loyalty sc...
13 July 2021
With private label share of sales rising across much of Western Europe, we’ve published a series of three brand new reports for IGD Retail Analysis subscribers: Private label in Europe Private label trends in Western Europe 10 retailers winning in private label in Western Europe Here are some of the key highlights: 1. France, Portugal and Spain are am...
06 May 2021
We round up the latest online grocery news in the Nordics where: Sweden’s ICA has opened its first warehouse in partnership with Ocado Salling Group has launched online at its føtex banner in Copenhagen Salling Group has opened its first automated click and collect point Norway’s Kolonial has secured a €223m investment to rebrand and expand in Europe Many of these developme...
25 March 2021
Although performance at urban convenience stores has been challenged amidst COVID-19 in many Western European markets; Reitan Convenience has invested in four new concept stores as it seeks to be fit for the future in partnership with design agency Reactor AB. These new store concepts elevate the customer experience across its formats to a whole new level, while PBX could set the benchmark...
23 March 2021
Following much speculation, Costco is reported to be entering Sweden in autumn 2022. The leading retailer, which reported revenue growth of 9.1% to $166.2bn in 2020, is due to open its first store north of Stockholm in Täby. 13,000 sq. m premises secured in growing location Trophi , ‘the Nordic region’s leading real estate company in the grocery trade’ has confirmed a contract for ...
22 March 2021
We review Couche-Tard’s third quarter performance and growth strategies. Key numbers Total revenue down 20.8% to $13.2bn YoY Merchandise and service revenues up 5.6% to $4.5bn YoY Road transportation fuel revenues down 29.7% to $8.5bn YoY Other revenue down 40.9% to $148m Same-store merchandise sales up 4.7% in Canada, 2.9% in the US and 2.8% in Europe and other re...