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Tag Archives | Kesko

K-Citymarket to open bicycle pop-up stores

Three K-citymarkets open bicycle pop-up stores in cooperation with the Suomen Polkupyörätukun . The service is a new type of Finland. Customers at K-citymarket hypermarkets will be able to enjoy a wide array and a number of different bicycle types. Pop-ups in Karisma Lahti, Seinäjoki and Oulu Joupissa Kaakkuri  will be open during the season from March to the end of […]

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Kesko to reform all K-citymarkets

K-citymarket’s Finnish comprehensive reform has started, all the stores are to be renewed after the local customers wishes by the end of 2018. “The K-citymarket chain reform are utilized by a new way of customer feedback and store-specific customer information. The aim is to make each one of 81 store look unique to its customer base , two K-citymarkets won’t […]

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Kesko grew on all areas

Kesko Group’s sales in February 2016 totalled 656.8 million EUR. In comparable terms excluding Anttila, sales increased by 5.6 percent in local currencies. “In February, Kesko’s sales increased in all strategic growth areas: the grocery trade, the building and home improvement trade, and the car trade,” says Kesko’s President and CEO Mikko Helander. (more…)

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Kesko genre

Kesko joins ICA for international home and specialty goods sourcing

Kesko partners up with Swedish ICA’s international ICA Global Sourcing (IGS) in international purchasing for Kesko’s home and speciality goods trade, to an extent of which is unprecedented in the history of Kesko. The strategy is to achieve a more diverse selection of home and speciality goods available at K-food stores.  The key objective of the sourcing cooperation mainly from […]

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Kesko to extend bread deliveries to Sundays

Finland’s largest bakery companies Vaasa and Fazer start delivering fresh-baked bread to grocery stores on Sundays. Sunday has so far been the only day when the shops do not have bread delivered, and only some of the K-citymarket hypermarkets have own bakeries in operation on Sundays. The background of the Sunday delivery is the release of opening hours, which has increased the […]

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Kesko increased profit 2015

Kesko’s net sales last year were 8,679 million EUR, excluding Anttila they remained at the level of the previous year. Sales of groceries suffered from declining prices. ”We can be satisfied when we take account of the continued weak trend in the purchasing power of the main market area in Finland, says President and CEO Mikko Helander. […]

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Kesko’s sales increased in in all divisions

Kesko Group’s sales in December 2015 totalled 781.8 million EUR. In comparable terms excluding Anttila, sales increased by 3.0 percent in local currencies. “In December, Kesko’s sales increased in all divisions, especially in the car trade and the home improvement and speciality goods trade. Sales grew also in the grocery trade, although prices continued to decline further,” […]

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Siwa

Sale of Suomen Lähikauppa to be further examined

Kesko’s aquisition of Suomen Lähikauppa will be further examined by the Finnish Competition and Consumer Protection Office, KKV. KKV believes Kesko might gain monopoly in local areas, but also the national impact on the grocery market will be examined. And with one actor gone on the Finnish market, aquisitions will come into focus even more. (more…)

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Kesko’s buildingware best performer in November

Kesko’s sales increased in November by 1.7 percent in local currencies. “Kesko’s sales increased particularly in Finland in the building and home improvement trade and in sports trade. In the grocery trade, sales were at the level of the previous year and the general decline in prices continued”, says Kesko’s President and CEO Mikko Helander. In Kesko’s grocery […]

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Kesko buys all shares in Suomen Lähikauppa

Finnish grocery market just lost an alternative. The small store specialist Suomen Lähikauppa Oy with 643 Valintatalo and Siwa stores with 6.8 percent of the market will now become a part of Kesko. ”Suomen Lähikauppa has excellent business locations and the acquisition will enable us to implement our strategy faster than planned and with significantly […]

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Kesko’s international operations up 12.5% in August

Kesko’s fighting the price downturn in Finland, but does better on other markets. Total sales in August increased by 0.6% in local currencies, excluding Anttila. “Kesko’s sales continued to increase in August despite the challenging market situation. Sales development was particularly strong in the home improvement and speciality goods trade outside Finland, where the growth […]

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Tommi Kasurinen, Kesko, and Peter Ervasalo, DHL.

DHL to partner with Kesko for 300 pick up-points with parcel lockers

DHL Express and the K-Group have signed a cooperation agreement which will make 250–300 DHL service points available at the K-Group’s food stores and building and home improvement stores in different parts of Finland. The partnership also opens for cooperations on markets outside Finland. (more…)

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Kesko and e.commerce. Photo: Matti Immonen/Kesko

Kesko to change logo, strategy and store concepts

Kesko’s launching a massive strategy turn to gain profitable growth. Board of Directors points out three strategic areas: the grocery trade, the building and home improvement trade and the car trade. “In the future, Kesko will operate as a unified K-Group more strongly than before and a new strong corporate identity, expressed through a revised K […]

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S Group takes price war to supermarket chain

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 say that “Halpuuttaminen”covers the whole of Finland. This is a great thing as the S-Market chain is Finland’s largest grocery chain, ” says SOK’s CEO […]

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Lidl

Hypermarket sales decreasing – Lidl now number three in Finland

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 the chains on the Finnish market. Tightest competition over market shares stands between Lidl and K-Group where Lidl continued its strong growth and advanced to […]

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Kesko-CEO: More foreign discount chains would hurt Finnish food industry

The newly appointed CEO of retail chain giant Kesko, Mikko Helander, says Finnish food industry and agriculture would be in for difficult times if more foreign discount supermarket chains start appearing on the Finnish market with own-branded products. “The agricultural sector would be lost if we did not have, for example, Valio, Fazer, Raisio, and […]

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