All Sweden articles – Page 4

  • News

    Ikea to harmonise merchandise management systems


    Ikea ’s global franchise manager, Inter Ikea Systems, has started a new initiative to harmonise merchandise management systems across its international franchisee network. he Swedish home improvement retail franchiser has named K3 Business Technology Group as sole provider of Ikea’s core retail system.

  • News

    ICA Group reports increased sales


    Ahold’s ICA Group has reported increased sales and improved operating income for the first quarter of 2010. Net sales for the first quarter amounted to Skr22.72bn (£2.11bn), up 0.7% on the same period last year. At constant exchange rates, net sales grew 1.7%. Operating income amounted to Skr620m (£57.51m), ...

  • News

    H&M sales jump 7%


    Clothing retailer H M has reported results for the first quarter to February 28, with sales jumping 7% to Skr24.85bn (£2.1 bn), compared with the same period last year. In local currencies, the increase was 13%. H M had 1,992 stores at the end of February, up from ...

  • News

    Ica to enter growing Swedish convenience market


    Ahold-owned grocer Ica has announced that it is to muscle in on the growing convenience market with the launch of a city concept to cater for urban customers who want easy access to fresh food. The new concept, called Ica to Go, will sell branded and private-label ready-meals and other ...

  • Boots

    Alliance Boots closer to opening stores in Sweden


    Alliance Boots has moved a step closer to opening Boots-branded pharmacies in Sweden by striking a tie-up with a company owned by the Swedish Association of Pharmacists.

  • News

    ICA posted third quarter net sales of £2bn


    Ahold’s Scandinavia and Baltics arm ICA posted third quarter net sales of Skr23.5bn (£2bn) - a 3% increase compared with the same period last year. At constant exchange rates, net sales climbed 1.3% at the grocer. Operating income rocketed 37% to Skr936m (£82m). ICA managed to significantly reduce its losses ...

  • News

    Pre-tax profits rise at H&M


    Pre-tax profits at H M rose 6 per cent to Skr5.78bn (£452.9m) in the second quarter to the end of May. Sales excluding VAT soared 23 per cent to Skr26.5bn (£2.1bn), an 8 per cent increase in local currencies and a decline of 2 per cent on a like-for-like basis. ...

  • Monki Copenhagen 086

    Quirky Monki magic brightens up Denmark


    Now wacky Swedish fashion retailer Monki is part owned by H M, its expansion is imminent. John Ryan visits its debut Denmark stores

  • News

    H&M had successful April trading


    H M had a strong April, when like-for-like sales climbed 8 per cent and total sales soared 18 per cent. The performance ended eight months of successive like-for-like falls for the fashion giant. Analysts believe H M was helped by warm weather in its most important markets, such as Germany. ...

  • News

    Ikea hires new chief executive


    Ikea has promoted Mikael Ohlsson to chief executive of the furniture and homewares giant. He will replace Anders Dahlvig, who has been at the helm for 10 years. Ohlsson, who has worked at Ikea for 30 years, will take up the position on September 1. At present he is ...