Axfood

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Edeka, Rewe strike deal on Kaiser's, South Africa's Shoprite in talks with Steinhoff, Ahold Delhaize sets out stall - retail round-up, December 2016

11 Jan 2017

December saw an end to the wrangle over German supermarket chain Kaiser's, South African grocer Shoprite in talks over a possible combination with local retail giant Steinhoff and the recently-merged Ahold Delhaize outline its "Better Together" strategy.

SWEDEN: Axfood points to Easter after Q1 profit fall

24 Apr 2014

Swedish grocer Axfood blamed this year's later Easter for its lower first-quarter earnings.

SWEDEN: Axfood Q3 earnings climb, reaffirms outlook

18 Oct 2013

Swedish retailer Axfood has booked an increase in third-quarter earnings and reiterated its full-year profit guidance.

SWEDEN: Axfood Q2 earnings up, forecasts flat FY profit

15 Jul 2013

Swedish retailer Axfood has recorded an increase in second-quarter earnings but said it expects operating profit to be flat for the full-year.

SWEDEN: Sales, earnings edge up at retailer Axfood

19 Apr 2013

Swedish retailer Axfood booked an increase in sales and earnings during the first quarter of the year.

SWEDEN: Retailer Axfood dissatisfied with 2012 LFLs

7 Feb 2013

Swedish retailer Axfood saw its profits increase in 2012 but CEO Anders Strålman expressed dissatisfaction with the company's like-for-like sales.

SWEDEN: Axfood launches Willys loyalty scheme

29 Jan 2013

Axfood has launched a loyalty programme at its discount food format, Willys.

SWEDEN: Axfood Q3 profit slides on store closures

25 Oct 2012

Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures.

SWEDEN: Axfood records H1 profit increase

17 Jul 2012

Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures.

SWEDEN: Retailer Axfood reports higher Q1 earnings

27 Apr 2012

Swedish retailer Axfood has posted an increase in first-quarter profits on the back of higher sales.

BELGIUM: Delhaize poaches top Carrefour exec for CFO role

8 Mar 2012

Belgian food retailer Delhaize has appointed Carrefour's executive director for emerging markets as its CFO.

SWEDEN: Retail Axfood targets flat operating profit in 2012

8 Feb 2012

Economic uncertainty and the prospect of lower food inflation has led Swedish retailer Axfood to only target flat operating profit in 2012.

SWEDEN: Axfood "steady" following Q3

20 Oct 2011

Swedish retailer Axfood has posted a slight rise in operating profit but a drop in like-for-like sales in its third quarter results

SWEDEN: Axfood H1 profits up, LFL sales fall

19 Jul 2011

Swedish retailer Axfood saw its half-year profits climb by more than 6% on the back of higher revenues, although its like-for-like sales fell during the first six months of the year.

SWEDEN: Axfood appoints Holmstedt as acting purchasing director

13 Jun 2011

Swedish grocery retailer and distributor Axfood has appointed Hans Holmstedt as its acting purchasing director.

SWEDEN: Axfood Hemköp banner to grow

9 Jun 2011

Swedish grocery operator Axfood today (9 June) announced that some 50 Vi Retailers' Association stores in Stockholm will join its Hemköp banner.

SWEDEN: Vi Retailers set to join Axfood banner

28 Apr 2011

Swedish retailer Axfood has welcomed Vi Retailers' Association's recommendation that its members sign individual chain agreements to join its Hemköp banner.

SWEDEN: Axfood profits dip on flat sales

20 Apr 2011

Swedish grocery retailer and wholesaler Axfood has revealed a decline in first-quarter profits on sluggish sales.

SWEDEN: Axfood shares down despite record results

8 Feb 2011

Swedish grocery retailer and wholesaler Axfood saw its share price fall today (8 February) despite recording record full-year results.

SWEDEN: Axfood profit growth accelerates

26 Oct 2010

Swedish food wholesaler and retailer Axfood saw its profit growth accelerate during the third quarter of 2010.

SWEDEN: Axfood sales, earnings grow in H1

16 Jul 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 Jul 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 Apr 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 Apr 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 Feb 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 Feb 2010

Swedish retailer Axfood has announced the appointment of Ola Andersson as president of its Hemköp retail banner.

SWEDEN: Axfood sales, earnings rise

2 Feb 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 Oct 2009

Swedish retailer Axfood has announced the launch of an own-label groceries brand, called Garant.

SWEDEN: Axfood limits palm oil purchase

22 Oct 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 Oct 2009

Swedish retailer Axfood posted a rise in profit after tax this morning (21 October), for the first nine months of 2009.

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