The ABC chain is renewed, after about 20 service station stores begin to run their operations under the name Lähi ABC! with services targeted primarily to local customers, who are… Read more »
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 »
At the same time as grocery prices decreases in Finland, SOK’s CEO Taavi Heikkilä worries about decreasing consumer purchasing power – and especially an increase of the value added tax. ”It is… 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.
SOK’s negotiations regarding administrative support services staff have been concluded. They resulted in 24 redundancies.
Finland’s new government open for changes in zoning regulations how and where the different formats of the food trade may be established. “As soon as we get to see how the guidelines… Read more »
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 »
S Group is putting plans on hold to establish more hypermarkets in Russia due to the Ukraine crisis, its chief executive Taavi Heikkila told Reuters on Monday. Cooperative S Group operates 17… Read more »