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 »
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 »
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 has appointed Sebastian Nyström from Nokia as a new Chief Strategy Officer.
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 »
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 »