S Group H1 2017 results: retail sales increased by 2.4% and stood at EUR 5.5 billion

S Group H1 2017 results: retail sales increased by 2.4% and stood at EUR 5.5 billion   Helsinki, Finland, 2017-Aug-08 — /EPR Retail News/ — During the first half of the year, S Group’s result improved across the board. In particular, the travel industry and hospitality business as well as the consumer goods trade showed […]

S Group’s regional cooperatives to acquire Stockmann Delicatessen business operations in Finland

S Group’s regional cooperatives to acquire Stockmann Delicatessen business operations in Finland   Helsinki, Finland, 2017-Jul-03 — /EPR Retail News/ — Stockmann and S Group have signed an agreement on the transfer of the Stockmann Delicatessen business operations in Finland to S Group’s regional cooperatives. The purpose of the transaction is to develop the Delicatessen stores […]

S Group and Tesco announce product partnership

S Group and Tesco announce product partnership   Helsinki, Finland, 2017-May-31 — /EPR Retail News/ — The focus on food in Finland is currently geared towards local sourcing, vegetables and seasonal products, price-consciousness, and a desire to find enjoyment and luxury in everyday life. The product partnership between S Group and Tesco makes available some 200 […]

Finland: S Group plans to close Marks & Spencer stores in Hämeenlinna and Lappeenranta

Finland: S Group plans to close Marks & Spencer stores in Hämeenlinna and Lappeenranta   Finland, 2016-Nov-21 — /EPR Retail News/ — S Group is planning to streamline its franchise operations of the Marks & Spencer chain in Finland. The plans may lead to the closing of the Marks & Spencer stores in Hämeenlinna and […]

NACS recognizes S-Group with 2016 NACS Insight European Technology Implementation Award at the NACS Insight Convenience Summit – Europe

LONDON, 2016-Jun-13 — /EPR Retail News/ — S-Group has won the 2016 NACS Insight European Technology Implementation Award, sponsored by Verifone, a world leader in payments and commerce solutions. The award was presented during the NACS Insight Convenience Summit – Europe in London on June 9 at this year’s International Convenience Retailer Awards gala. The award […]

SOK to join S Group’s hardware functions to SOK Food and Consumer Goods

HELSINKI, 2015-11-24 — /EPR Retail News/ — SOK will join S Group’s hardware functions to SOK Food and Consumer Goods. The statutory labour negotiations related to the upgrade have been concluded, resulting in fewer than 30 people’s contracts being terminated. The goal of S Group is to more effectively utilise the strengths of the food […]

S Group’s grocery trade volumes increased due to lower price policy introduced at the beginning of the year

HELSINKI, FINLAND, 2015-10-23 — /EPR Retail News/ — Finland’s poor financial situation and the general development of the trade sector caused a decline in S Group’s sales for January–September in comparison to the previous year. Sales decreased by 3.9 per cent, totalling €8,009 million. The sales of S Group’s largest sector – grocery trade – […]

S Group invites ideas on renewing the Kera district in Espoo, Finland

HELSINKI, FINLAND, 2015-10-8 — /EPR Retail News/ — S Group is inviting ideas people, start-ups, students and researchers to brainstorm and create visions for renewing the Kera district in Espoo. S Group’s logistics centre will be relocated from Kera to another location in the next few years, which means that the industrial area can be […]

S Group: SOK begin statutory labour negotiations to enhance the efficiency of its Department Store and Speciality Store Chain Management organisation

HELSINKI, 2015-9-8 — /EPR Retail News/ — SOK is beginning statutory labour negotiations to enhance the efficiency of its Department Store and Speciality Store Chain Management organisation. The negotiations may lead to a maximum of 25 employees being made redundant. In accordance with the competition strategy determined for S Group’s consumer goods trade in 2014, […]