Kesko

Wal-Mart's online offensive, Save-A-Lot sold, Lenta and Magnit in spotlight in Russia - retail round-up, October 2016

8 Nov 2016

October saw Wal-Mart underline its ambitions in e-commerce, Supervalu sell under-pressure US hard discounter Save-A-Lot and Russian retailer Lenta add to its operations through M&A.

Finland's Kesko reports pre-tax profit increase

3 Aug 2016

Finnish grocery retailer Kesko has announced a jump in pre-tax profits for the first half of 2016 to EUR103.8m (US$116m) over EUR68.5m in the same period last year.

The bitesize interview: Bennett Opie owner William Opie

22 Dec 2014

Family-owned UK company Bennett Opie is a varied business, selling products from pickles to compotes under its Opies brand at home and abroad and handling a fast-growing distribution arm in its domestic market. just-food spoke to fourth-generation owner William Opie about the company's recent rapid growth and its ambitions to expand further overseas.

FINLAND: Kesko Q1 profits hit by "economic weakness"

25 Apr 2014

Profits from Kesko's food retail business fell in the first quarter of the year, with the Finland-based grocer's domestic business faring worse than the market as a whole.

FINLAND: Kesko launches private label K-Menu products

28 Mar 2014

Finnish retailer Kesko plans to launch its K-Menu private label range, with the first products to be in store from next month.

FINLAND: Kesko earnings rise on cost cuts

4 Feb 2014

Finnish retailer Kesko has booked an increase in profit despite weaker sales, as the group benefited from cost cutting.

FINLAND: Cost savings boost Kesko Q3

24 Oct 2013

Finland-based retailer Kesko has booked an increase in third-quarter earnings from its food stores, boosted by cost savings.

FMCG in Russia: Domestic, international grocers battle it out in Russia

30 Sep 2013

Russia has been described as one of the most dynamically developing retail markets in the world. The advent of the recession, however, resulted in a slowdown in growth that Russia has not yet fully recovered from. While it is debatable whether Russia will fully re-establish the pace of growth it enjoyed before the credit crisis, the market is seen as an attractive one for FMCG companies.

FINLAND: Kesko records H1 profit increase

24 Jul 2013

Finland-based retailer Kesko has booked an increase in food earnings in the first half.

FINLAND: Kesko Q1 food earnings climb

25 Apr 2013

Finland-based retailer Kesko has booked an increase in food earnings in the first quarter.

FINLAND: Kesko FY food profits slide

5 Feb 2013

Expansion into Russia and store openings hit profits from Finland-based retailer Kesko's food stores last year.

RUSSIA: Kesko starts food chain in St Petersburg

7 Dec 2012

Finland-based retailer Kesko has opened its first food store in Russia in the city of St Petersburg.

FINLAND: Russia plans hit Kesko nine-month profits

25 Oct 2012

Expansion into Russia and store openings hit Finland-based retailer Kesko's food profit in the first nine months of the year.

FINLAND: Russia expansion hits food profits at Kesko

25 Jul 2012

Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year.

FINLAND: Kesko Q1 profits slide

26 Apr 2012

Finnish retailer Kesko has booked a drop in first-quarter group profits as earnings in its food retail division slid.

FINLAND: Grocery profits up at retailer Kesko

3 Feb 2012

Finnish retailer Kesko has booked an increase in full-year profits from its food business, boosted by strong sales.

FINLAND: Kesko dampens 2012 profit forecast

26 Oct 2011

Finnish retailer Kesko has reduced its target for 2012 profits due to lower consumer confidence and the economic turmoil in Europe.

FINLAND: Kesko H1 food profit up on private-label growth

26 Jul 2011

Kesko saw operating profit in its food business grow over the first half of 2011, with the Finnish grocery retailer reporting "excellent" sales of its Pirkka private-label range.

RUSSIA: Kesko to launch hypermarket format

5 Apr 2011

Finnish grocery retailer Kesko has revealed plans to launch a hypermarket format in Russia.

FINLAND: Kesko's food strength fails to offset DIY issues in Q4

3 Feb 2011

Continued growth from Kesko's grocery retail business failed to offset falling profits from its DIY chain in the fourth quarter of 2010, the Finnish company reported today (3 February).

FINLAND: Kesko's food profits jump in Q3

26 Oct 2010

Finnish retailer Kesko today (26 October) posted an almost 40% jump in operating profit from its food division during the third quarter of the year.

The just-food management briefing - how to green your supply chain - part I

25 Oct 2010

Sustainability is a buzzword including in many a corporate brochure and its ubiquity can attract cynicism about a company's policies to mitigate their impact on the environment. However, food makers and retailers are building the issue into how they interact.

FINLAND: Industry strikes help Kesko grocery profits

23 Jul 2010

Finnish retailer Kesko saw profits from its grocery business jump almost 40% during the second quarter of 2010 as the food industry cancelled some campaign plans amid this spring's industry strikes.

FINLAND: Kesko profits drop in food division

27 Apr 2010

Finnish retail group Kesko saw profits in its food division drop for the first quarter of 2010, despite a lift in sales.

FINLAND: Kesko sees FY profits drop 44%

5 Feb 2010

Finnish retail group Kesko reported a drop in full-year profits today (5 January) but said the sales performance of its food stores remained “steady” during the period.

RUSSIA: Kesko keen on Carrefour's Russian business

27 Oct 2009

Finnish retail group Kesko hopes to acquire Carrefour's Russian hypermarkets, according to Kesko chief financial officer Aria Talma.

FINLAND: Kesko coy over Russian grocery entry

11 Sep 2009

Finnish food and DIY retailer Kesko today (11 September) that "no decisions" had been made on whether to take its grocery retailing business into Russia.

FINLAND: Kesko Q2 profit dives

24 Jul 2009

Finnish retailer Kesko said today (24 July) that its second-quarter profits halved as consumers reigned in spending due to the economic downturn.

FINLAND: Kesko profits hit by weak demand

28 Apr 2009

Finnish retailer Kesko said today (28 April) the near future remains “dim” as it posted a drop in first-quarter net profit due to weak demand.

RUSSIA: Kesko eyeing Lenta buy

20 Oct 2008

Kesco Food’s Russian subsidiary Cassa Oy is looking to acquire Russia's third-largest grocery chain OOO Lenta, the company confirmed today (20 October).