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Tag Archives | Taavi Heikkila

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 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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S Group puts Russia on hold

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 Prisma hypermarkets and stores in St Petersburg. It had been targeting a total of about 30 outlets as it sought growth. (more…)

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