The S Group’s two-year strategy of strict cost control, the grocery trade, the increased number of customers and the consumer goods trade are the main factors behind 2015 operating result improving from the… Read more »
The Finnish price war in food continues this year. Kesko announced yesterday that the K-stores lowers the price of two thousand products. Today both the S Group and the future… Read more »
The Finnish Parliament has approved a proposal to make the opening hours of shops in the retail and hairdressing salons more liberal. S Group announced immediately that they extend the hours… Read more »
Finland’s poor financial situation and the general development of the trade sector caused a decline in S Group’s sales for January–September in comparison to the previous year. Sales decreased by… Read more »
Finnish SOK Corporation will start statutory negotiations based on the plans to enhance the SOK department stores and specialty chain management organization. Negotiations could lead to up to 25 redundancies.
S Group’s lower prices campaign saved th first half of 2015 – making the sales volumes increase on a declining market. ”We can continue to cut prices thanks to the… Read more »
SOK’s negotiations regarding administrative support services staff have been concluded. They resulted in 24 redundancies.
S Group has seriously taken up the fight to offer Finland’s lowest food prices. In a survey of Kuluttajaliitto, The Consumers’ Union of Finland, Prisma turns out as Lidl’s main challenger.
S Group is stepping up the price war on food in Finland. Now the lower prices campaign of Prisma hypermarkets is expanded to all 453 S-Market stores. “Now we can… Read more »
The Finnish co-operative S Group’s comparable sales for January–March 2015 fell by 4.7 percent to 2,468 million EUR. “Since the grocery price reductions began in January, the trend in customer… Read more »
Grocery sales in hypermarkets are no longer growing and for the first time in history their sales are decreasing. This is one conclusion from Nielsen’s yearly report on grocery retail and… Read more »
HOK-Elanto, S-groups largest regional co-operative, operating in the Greater Helsinki area with 300 stores, reports a 35,4 million EUR profit in 2014.
A new fast-food concept is about to be rolled out in Finland – and possibly in Sweden. At least five new restaurants will open every year. Masterchef Michael Björklund believes… Read more »
S-Group opens its first Finnish Marks & Spencer store in Helsinki, at the Sokos department store next month. And then six more will follow with clothes and food. ” These excellent… Read more »
Kesko is about to lose several Alko store locations to discount chains. Yle reports about upcoming changes in eastern Finland.