FINLAND: Kesko launches private label K-Menu products
Finnish retailer Kesko plans to launch its K-Menu private label range, with the first products to be in store from next month.
The company said that the line will focus on "good quality" everyday products.
CEO Jorma Rauhala said that the company was introducing the line because the role of private label was "growing strongly" in the Finnish grocery market. The company sees a "lot of opportunities" to bring new, price competitive private label products to Kesko stores.
The product range includes "basic everyday products", such as fresh meat and meat products, pasta, juices, frozen foods and canned foods.
Kesko Oyj’s focus is on the very competitive grocery retailing landscape, in which emphasis is placed particularly on chain management and increasing the number of members in its customer loyalty prog...
Finnish grocery retailers saw current value sales grow by 3% in 2014 over the previous year. While this growth was slow, it was stronger compared to 2013 growth of 2%. Growth in 2013 and 2014 was main...
The Finnish retailing industry faced great challenges in 2013 as the Finnish economy experienced a downturn and the unemployment rate continued to increase, limiting the customer purchasing power. Als...
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