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Tag Archives | S-group

S Group’s price campaigns increase operating result

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 previous year. With the large price campaigns in Finland the sales volumes increased and the S Group’s grocery developed better than the market overall. But the […]

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s-market-halpuuttaminen

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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sipa.s-palvelut.fi

S Group’s price war gained more customers, but less profit

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 numbers and sales volumes has been excellent – even better than we expected. However, it is clear that lower prices result in a lower value […]

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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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sipa.s-palvelut

This is where Finlands seven Marks & Spencer stores will open

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 business locations allows us to get a good foothold through out Finland”, says Francois Smeyers, Director of European Operations at Marks & Spencer . (more…)

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