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Business Grocery Management Retail Retailer

Lithuanian Competition Authority gives clearance (under condition) to ICA Gruppen for the acquisition of IKI operator UAB Palink

Solna, Sweden, 2017-Oct-23 — /EPR Retail News/ — The Lithuanian Competition Authority has reached a decision regarding ICA Gruppen’s subsidiary Rimi Lithuania's acquisition of UAB Palink, which operates the IKI grocery store chain. The authority has given its clearance to the deal under the condition that 17 specific stores be sold prior to completion of the…
October 23, 20170Comments

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Business Financial Management Retail Retailer

Swedish ICA stores sales increased by 3.4% in August 2017

Solna, Sweden, 2017-Sep-08 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 3.4% in August 2017 compared with the corresponding month last year. Sales in like-for-like stores increased by 2.6%. August 2017 January –August 2017 Store sales excl. VAT Mkr Change  all stores Change like-for-like Mkr Change  all stores Change like-for-like Maxi ICA Stormarknad 2,952 3.7% 3.6% 22,884 2.5% 2.5% ICA Kvantum 2,363 3.7% 1.4% 18,362 3.7% 1.7% ICA Supermarket 3,011 3.0% 2.5% 23,115 2.3% 1.8% ICA Nära 1,529 2.7% 2.8% 11,473 1.8% 1.9% Total 9,856 3.4% 2.6% 75,834 2.6% 2.0% In August 2017, sales in the Swedish ICA…
September 8, 20170Comments

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Business Grocery Management Retail Retailer

ICA Gruppen appoints Maria Lundberg as the new Chief Information Officer

Solna, Sweden, 2017-Aug-22 — /EPR Retail News/ — Maria Lundberg has been named as the new Chief Information Officer (CIO) of ICA Gruppen. To enable ICA to better capitalise on opportunities created by digitalisation of businesses and to further strengthen Group synergies in IT, she will also have a seat on the ICA Management Team.…
August 22, 20170Comments

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Business Grocery Marketing Retail Retailer Technology

ICA Gruppen strengthens its digital ecosystem with new innovation hub ICAx

ICA Gruppen strengthens its digital ecosystem with new innovation hub ICAx   Solna, Sweden, 2017-Aug-17 — /EPR Retail News/ — The new innovation hub ICAx will strengthen ICA Gruppen’s ability to use digital technology to improve its customer offerings in and between the Group’s various companies. Within this hub ICA will work with its own digital development…
August 17, 20170Comments

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Business Financial Grocery Management Retail Retailer

ICA Gruppen Q2 2017 earnings: Consolidated net sales up by 3.7% to SEK 27,198 million

Underlying earnings stable; higher costs from new ventures Solna, Sweden, 2017-Aug-17 — /EPR Retail News/ — Second quarter of 2017 in summary Consolidated net sales amounted to SEK 27,198 million (26,222), an increase of 3.7% Operating profit excluding non-recurring items totalled SEK 1,094 million (1,154) The sale of ICA Real Estate in Norway and inkClub,…
August 17, 20170Comments

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Business Financial Grocery Management Retail Retailer

ICA Gruppen Q2 2017 Sustainability Report: Continued decrease in GHG emissions and new circular system for reducing food waste

Solna, Sweden, 2017-Aug-17 — /EPR Retail News/ — “By virtue of our size we have a great responsibility, but on top of this we also clearly see that sustainability is a driver of growth. We see it in our figures, and it is also evident in numerous, independent studies. Companies with effective sustainability work are…
August 17, 20170Comments

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Business Grocery Retail Retailer

Swedish ICA stores announces sales increased by 0.3% in February 2017 vs. same month last year

Solna, Sweden, 2017-Mar-10 — /EPR Retail News/ — Sales in the Swedish ICA stores increased by 0.3% in February 2017 compared with the corresponding month last year. Sales in like-for-like stores decreased by 0.3%. February 2017 January – February 2017 Store sales excl. VAT Mkr Change  all stores Change like-for-like Mkr Change  all stores Change like-for-like Maxi ICA Stormarknad 2,512 0.4% 0.4% 5,168 0.4% 0.4% ICA Kvantum 2,040 0.7% -0.6% 4,220 1.5% 0.2% ICA Supermarket 2,559 -0.1% -0.6% 5,248 0.9% 0.4% ICA Nära 1,243 0.3% 0.3% 2,533 1.5% 1.6% Total 8,353 0.3% -0.2% 17,168 1.0% 0.5% In February 2017, sales in the…
March 10, 20170Comments

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Business Financial Management Retail Retailer

ICA Gruppen announces Q4 2016 financial results

Solna, Sweden, 2017-Feb-08 — /EPR Retail News/ — Fourth quarter of 2016 in summary Consolidated net sales amounted to SEK 26,920 million (26,489), an increase of 1.6% Operating profit excluding non-recurring items totalled SEK 1,180 million (1,024). Operating profit for the comparison period included costs of SEK 76 million associated with the acquisition and integration…
February 8, 20170Comments

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Business Financial Management Retail Retailer

ICA Gruppen CEO and CFO to present Q4 report on February 8

Solna, Sweden, 2017-Feb-06 — /EPR Retail News/ — ICA Gruppen will publish its Q4 report 2016 on Wednesday, 8 February 2017. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 8 February 2017 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and…
February 6, 20170Comments

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Business Financial Management Retail Retailer

ICA Gruppen to announce Q4 report 2016 on Wednesday, 8 February 2017

Solna, Sweden, 2017-Feb-02 — /EPR Retail News/ — ICA Gruppen will publish its Q4 report 2016 on Wednesday, 8 February 2017. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 8 February 2017 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and…
February 2, 20170Comments

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Business Management Retail Retailer

ICA Gruppen hosts Capital Markets Day in Stockholm

Solna, Sweden, 2016-Dec-19 — /EPR Retail News/ — Today, 15 December 2016, ICA Gruppen is arranging a Capital Markets Day in Stockholm. The programme includes, among other things, a review of the Group’s strategic priorities and goals as well as business reviews for Rimi Baltic, Apotek Hjärtat and ICA Sweden. ICA Gruppen’s management is today meeting…
December 19, 20160Comments

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Business Management Retail Retailer

ICA Gruppen outlines its strategic priorities for 2017

Solna, Sweden, 2016-Dec-14 — /EPR Retail News/ — ICA Gruppen’s board of directors has adopted the company’s strategic priorities for 2017. The priorities are designed to promote continued profitable growth and facilitate cooperation and synergies between various operations in ICA Gruppen. ICA Gruppen has five long-term strategic themes that set the direction for the Group’s operations:…
December 14, 20160Comments

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Business Grocery Management Retail Retailer

ICA Gruppen confirms talks over a potential acquisition of the Lithuanian grocery chain IKI

Solna, Sweden, 2016-Nov-26 — /EPR Retail News/ — ICA Gruppen today (2016, 25 November) confirms, after reports in local media in Lithuania, that discussions are ongoing with the owners of Palink, over a potential acquisition of the Lithuanian grocery chain IKI. No agreement has been reached and it is not possible to state with certainty that…
November 26, 20160Comments

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Business Management Retail Retailer

ICA Gruppen releases its 3Q FY2016 sustainability report

Solna, Sweden, 2016-Nov-10 — /EPR Retail News/ — ICA Gruppen adresses important issues and initiatives regarding the environment, quality, ethical trade, health and community engagement in the sustainability report for the third quarter of 2016. “Most of what we do in the area of sustainability involves long-term initiatives and continuous improvements. But on top of this we…
November 10, 20160Comments

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Business Financial Management Retail Retailer

ICA Gruppen announces Q3 FY2016 financial results

Solna, Sweden, 2016-Nov-09 — /EPR Retail News/ — Favourable earnings and higher market shares Third quarter of 2016 in summary Consolidated net sales amounted to SEK 25,752 million (25,517), an increase of 0.9% Operating profit excluding non-recurring items totalled SEK 1,376 million (1,321). Operating profit for the comparison period included costs of SEK 52 million…
November 9, 20160Comments

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Business Financial Management Retail Retailer

ICA Gruppen to announce its Q3 report 2016 on Wednesday, 9 November 2016

Solna, Sweden, 2016-Nov-03 — /EPR Retail News/ — ICA Gruppen will publish its Q3 report 2016 on Wednesday, 9 November 2016. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 9 November 2016 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and…
November 3, 20160Comments

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Business Management Retail Retailer

ICA Gruppen appoints nomination committee for the 2017 Annual General Meeting

Solna, Sweden, 2016-Sep-28 — /EPR Retail News/ — ICA Gruppen’s nomination committee for the 2017 Annual General Meeting has been appointed. The Nomination Committee’s members are Claes Ottosson and Anna-Karin Liljeholm, both representing ICA-handlarnas Förbund, Annika Lundius, representing Industrivärden, and Hans Ek, representing SEB Investment Management. ICA-handlarnas Förbund is the largest owner of ICA Gruppen, followed…
September 28, 20160Comments

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ICA Gruppen releases its 1Q2016 sustainability report

Solna, Sweden, 2016-Aug-22 — /EPR Retail News/ — ICA Gruppen today ( 2016,18 August) presented its sustainability report for the first quarter of 2016. The report addresses important issues and initiatives regarding the environment, quality, ethical trade, health and community engagement. ICA Gruppen’s greenhouse gas emissions decreased by 27% during the period July 2015 to June 2016 compared with…
August 22, 20160Comments

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Asset Inventory Business Financial Marketing PR Retail Retailer

ICA Gruppen announces favourable earnings and higher market shares during Q2 report 2016

Solna, Sweden, 2016-Aug-22 — /EPR Retail News/ — Second quarter of 2016 in summary Consolidated net sales amounted to SEK 26,222 million (25,542), an increase of 2.7% Operating profit excluding non-recurring items totalled SEK 1,154 million (1,018). Operating profit for the comparison period included costs of SEK 27 million associated with the acquisition and integration…
August 22, 20160Comments

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ICA Gruppen announces the appointment of Peter Muld as new Chief Digital Officer

Solna, Sweden,  2016-Jun-28 — /EPR Retail News/ — ICA Gruppen is taking its next step in the work on strengthening its focus on digitalisation with the establishment of a new Chief Digital Officer function at the group level. Peter Muld will begin serving in the position on 5 September this year. The new function will ensure…
June 27, 20160Comments

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Business Financial Management Retail Retailer

ICA Gruppen announces 2015 Fourth quarter results

Solna, Sweden, 2016-Feb-11 — /EPR Retail News/ — Stable year, but competition is growing Fourth quarter of 2015 in summary Consolidated net sales amounted to SEK 26,489 million (23,180). Excluding acquisition and divestment effects, the increase was 4.8% Operating profit excluding non-recurring items was SEK 1,024 million (1,081). This includes costs of SEK 76 million related to the…
February 11, 20160Comments

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Business Financial Management Retail Retailer

ICA Gruppen to publish its Q4 report 2015 on 10 February 2016

Solna, Sweden, 2016-Feb-05 — /EPR Retail News/ — ICA Gruppen will publish its Q4 report 2015 on Wednesday, 10 February 2016. In conjunction to this, we are pleased to issue this invitation to a press and analyst meeting. Place: Tändstickspalatset, Västra Trädgårdsgatan 15, Stockholm Time: Wednesday, 10 February 2016 at 10.00 CET ICA Gruppen’s CEO Per Strömberg and CFO…
February 5, 20160Comments

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ICA Gruppen’s C shares to be converted to ordinary shares in January 2016

Solna, Sweden, 2016-Jan-14 — /EPR Retail News/ — As previously announced, all C shares in ICA Gruppen will be converted to ordinary shares in January 2016. ICA Gruppen’s board of directors today made the decision that conversion shall be carried as prescribed in the company’s Articles of Association. The total number of shares in ICA Gruppen is 201,146,895,…
January 14, 20160Comments

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Business Environment Management Retail Retailer

ICA Gruppen commits to be climate-neutral by 2020

SOLNA, SWEDEN, 2015-12-9 — /EPR Retail News/ — ICA Gruppen has taken the decision to be climate-neutral by 2020.* This encompasses the climate impact of operations in stores, pharmacies, warehouses and offices from areas such as refrigerants, electricity, goods transports and business travel in both the Swedish and Baltic operations. The decrease will be measured…
December 9, 20150Comments

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ICA Gruppen reports on November 2015 sales figures of it Swedish stores

SOLNA, SWEDEN, 2015-12-9 — /EPR Retail News/ — Sales in the Swedish ICA stores rose by 3.7% in November 2015 compared with the corresponding month last year. Sales in like-for-like stores increased by 3.1%. November 2015 January – November 2015 Store sales, excl. VAT SEKm Change all stores Change like-for-like SEKm Change all stores Change like-for-like Maxi ICA Stormarknad 2,660 4.2% 2.4% 29,508 5.7% 3.4% ICA Kvantum 2,103 3.4% 3.0% 23,697 4.5% 3.5% ICA Supermarket 2,612 3.2% 3.2% 30,057 2.2% 2.5% ICA Nära 1,247 3.8% 4.3% 14,757 2.4% 2.9% Total 8,622 3.7% 3.1% 98,018 3.8% 3.1% In November 2015, sales…
December 9, 20150Comments

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Business Management Retail Retailer

ICA Gruppen presents strategic priorities for 2016

Solna, Sweden, 2015-12-7 — /EPR Retail News/ — ICA Gruppen presents its strategic priorities for 2016. The aim is to continue to develop, improve and grow our business. Compared with 2015, three new priorities have been added and three have been removed. Some of the priorities have been adjusted to suit the opportunities and challenges of the…
December 7, 20150Comments

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Business Management Retail Retailer

ICA Gruppen to expand and renovate its central warehouse and head office for Rimi Baltic

Solna, Sweden, 2015-12-7 — /EPR Retail News/ — ICA Gruppen has decided to expand and renovate its central warehouse and head office for Rimi Baltic. The investment will amount to an estimated EUR 75 million, equivalent to around SEK 700 million, and will be implemented between 2016 and 2018. The new warehouse will allow for an entirely new…
December 7, 20150Comments

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Business Management Retail Retailer

ICA Gruppen: HUI revised its Retail Sales Index (Detaljhandelsindex – DHI) for Q2 and Q3 of this year

Solna, Sweden, 2015-11-30 — /EPR Retail News/ — HUI has revised its Retail Sales Index (Detaljhandelsindex – DHI) for the second and third quarters of this year. The Retail Sales Index is used by ICA Gruppen to assess the performance of ICA stores compared to the market in general. The new figures show that sales in…
November 30, 20150Comments

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