Axfood 
SWEDEN: Axfood sales, earnings grow in H1
16 July 2010
Swedish food wholesaler and retailer Axfood has posted higher sales and earnings for the first half of 2010.
SWEDEN: Axfood enters two new wholesale agreements
2 July 2010
Axfood Närlivs has acquired Reitan Convenience Sweden's distribution centre in Kings Curve, just outside Stockholm.
SWEDEN: Axfood looks to store openings, own label for growth
20 April 2010
New store openings have driven strong first-quarter sales and profits gains at Swedish retailer Axfood, the company said today (20 April).
SWEDEN: Axfood confirms Hemköp cuts
20 April 2010
Swedish retailer Axfood has confirmed that it is cutting 14 jobs at its Hemköp support offices in Solna, near Stockholm.
SWEDEN: Axfood appoints Dagab president
18 February 2010
Swedish retailer Axfood has appointed Anders Agerberg to serve as acting president of the company's logistics unit, Dagab.
SWEDEN: Axfood captures ICA exec to lead Hemköp
3 February 2010
Swedish retailer Axfood has announced the appointment of Ola Andersson as president of its Hemköp retail banner.
SWEDEN: Axfood sales, earnings rise
2 February 2010
Swedish retailer Axfood has seen a modest increase in sales and earnings during 2009, despite the negative impact that the downturn has had on consumer sentiment.
SWEDEN: Axfood launches “responsive” own label
27 October 2009
Swedish retailer Axfood has announced the launch of an own-label groceries brand, called Garant.
SWEDEN: Axfood limits palm oil purchase
22 October 2009
Swedish retailer Axfood plans to “change and limit” its purchase of palm oil for private label products, in a move designed to help protect rain forests in south-east Asia.
SWEDEN: Axfood posts rise in nine-month profit
21 October 2009
Swedish retailer Axfood posted a rise in profit after tax this morning (21 October), for the first nine months of 2009.
SWEDEN: Axfood appoints PrisXtra president
21 August 2009
Axfood has appointed Markus Lönnroth as the new president of PrisXtra.
SWEDEN: Axfood-owned stores propel growth
16 July 2009
Swedish retailer Axfood said today (16 July) that first-half sales were propelled by growth at its wholly-owned Willys, Hemköp and PrisXtra chains.
SWEDEN: Axfood looks to green energy
29 June 2009
Swedish retailer Axfood has indicated that ‘green’ considerations, such as energy efficiency, are becoming increasingly important in its strategic planning decisions.
SWEDEN: Axfood Q1 like-for-likes down
17 April 2009
Swedish retailer Axfood posted a 2.5% increase in net sales today (17 April) for the first quarter but saw like-for-like sales fall.
SWEDEN: Axfood launches fairtrade own label
25 February 2009
Swedish retailer Axfood has announced the launch of an own label line that will be made up entirely of products that have been certified fairtrade.
SWEDEN: Axfood profits dip on one-time items
3 February 2009
Swedish retailer Axfood today (3 February) revealed that its full-year profits were marginally down on last year, despite an increase in sales.
SWEDEN: Axfood looks to tackle climate change
2 February 2009
Swedish retailer Axfood has joined the BLICC (Business Leaders Initiative on Climate Change) initiative, a network of companies that work actively to tackle climate issues.
SWEDEN: Axfood strikes supply deal with Arla
16 January 2009
Axfood has reached an agreement with dairy giant Arla that will see the Swedish retailer offer more of Arla’s products at its stores.
SWEDEN: Axfood reports fall in nine-month profits, outlook flat
14 October 2008
Axfood AB has reported a fall in its nine-month profits, despite a rise in sales. The Swedish retailer added in a statement today that it expects full year operating profits to be flat against 2007.
SWEDEN: Axfood unveils own-brand organic label
18 September 2008
Swedish retailer Axfood has launched an own-brand range of affordable everyday organic foods, called Garant Ekologiska.
CHINA: Axfood opens buying office in China
11 August 2008
Sweden’s Axfood has opened its first Chinese procurement office in Shanghai today (11 August).
SWEDEN: Axfood reports first half sales growth
16 July 2008
Axfood has reported a healthy rise in sales in its first half of trading in 2008. The Swedish retailer also said, however, that operating profit for the period had fallen.
SWEDEN: Axfood speeds environmental efforts
23 May 2008
Axfood is upping the pace of its sustainable development initiatives and will review its environmental activities, from transport and energy consumption to ecological products.
SWEDEN: Axfood profits stay flat
16 April 2008
Swedish grocer Axfood has posted flat quarterly profits for the three months to the end of March, despite sales rising 6%.
SWEDEN: Coop boss to head Axfood's Willys
20 March 2008
Swedish retailer Axfood has appointed Thomas Evertsson as president of Willys AB, one of the group’s supermarket chains.
SWEDEN: Axfood seals PrisXtra deal
28 January 2008
Swedish retailer Axfood has completed its acquisition of Stockholm chain PrisXtra.
SWEDEN: Meat firm Danish Crown in Axfood supply deal
12 December 2007
Meat processor Danish Crown has started work on building a meat slicing and packing plant to supply Swedish retailer Axfood.
SWEDEN: Axfood buys Stockholm grocer
6 December 2007
Swedish retailer Axfood has bought small Stockholm grocer PrisXtra for an undisclosed sum.
SWEDEN: Axfood sales flat in first nine-months
17 October 2007
The Scandinavian retail group Axfood has reported a slight rise in its consolidated net sales for the first nine months, compared to the same period last year.
Related research
Premium Company Profile: Axfood AB
Introduction Axfood acquired PrisXtra, a Swedish low-price supermarket, in January 2008. This acquisition strengthened Axfood’s position in the Stockholm market as PrisXtra had a strong brand and operated a successful chain of stores in Stockholm. Such new concepts would revitalize the company’s operations in the Swedish market and enhance its market share. Scope Contains corporate strategy, value chain presence and SWOT Analysis Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors Includes information on suppliers/ partners, shareholding structure and key employees with biographies Highlights Axfood operates through various store formats such as discount and supermarket concepts. ‘Willys’ is the discount retail food concept of the company. This concept primarily caters to price conscious customers. ‘Hemkop’, the supermarket concept of Axfood, offers meal solutions both for everyday needs and for festive occasions. Axfood developed and tested Autoorder, an automated ordering system that facilitated order-handling and restocking, thereby, allowing store employees to spend more time serving customers, at Dagab in 2007. The company intends to implement Autoorder initially at Willys stores and later at Hemkop. Axfood operates in three segments of the retail value chain: wholesale (procurement of stock and sale to intermediaries), operations and distribution (warehousing and transportation), and sales (physical stores operations and online sales) segments of the retail value chain. Reasons to Purchase Access all the important information and analysis on the company in a single report Understand company’s strengths, weaknesses, opportunities and threats along with business strategy and value chain Gain access to company’s adjusted five year financial data along with key ratios and market capitalization .
Company Financials: Axfood AB
IntroductionThe Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.
Food Retail in Sweden
Datamonitor's Food Retail in Sweden industry profile is an essential resource for top-level data and analysis covering the Food Retail industry. It includes detailed data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information.
