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Food Chains in Sweden Promise Price Cuts with VAT Reduction
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Food Chains in Sweden Promise Price Cuts with VAT Reduction

Food chains promise price reductions as large as the reduced VAT. Coop will reduce prices corresponding to the VAT reduction, says Anders Torell, CEO Coop Sweden
Axfood, Ica, and Lidl Recall Eggs Over Salmonella Concerns
Sweden News

Axfood, Ica, and Lidl Recall Eggs Over Salmonella Concerns

Axfood, Ica and Lidl recall eggs as there is a risk that they contain salmonella.
Axfood Recalls Fish Nuggets Over Metal Contamination Risk
Sweden News

Axfood Recalls Fish Nuggets Over Metal Contamination Risk

Stockholm Stock Exchange Ends Week with 1.3% Decline
Business News

Stockholm Stock Exchange Ends Week with 1.3% Decline

The Stockholm stock exchange fell to minus on the last day of the trading week. At closing, the broad OMXS index was down 1
Willys Drives Axfood's Sales Growth in Second Quarter
Business News

Willys Drives Axfood's Sales Growth in Second Quarter

Axfood CEO Discusses Polarized Food Price Debate and Market Trends
Business News

Axfood CEO Discusses Polarized Food Price Debate and Market Trends

Consumers will have to get used to more dramatic price fluctuations when it comes to food prices, believes Axfood's CEO Simone Margulies. At the same time, she thinks the discussion about food has been polarized
Swedish Food Giants Cite External Factors for Price Hikes Amid Tough Competition
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Swedish Food Giants Cite External Factors for Price Hikes Amid Tough Competition

Minister for Finance Elisabeth Svantesson (M) called on Thursday representatives for the food industry to a meeting due to the high food prices. But the food giants blame the price increases on circumstances they cannot control
Dadgostar Urges Legislation to Tackle Soaring Food Prices in Sweden
Sweden News

Dadgostar Urges Legislation to Tackle Soaring Food Prices in Sweden

The Left Party's party leader Nooshi Dadgostar says that the government needs to legislate if the food giants do not start lowering their prices. For example, introduce an excess profit tax so that the incentive to raise prices in this way does not exist, says Dadgostar at a demonstration against the food giants
Trade ahead of crisis meeting: No Swedish phenomenon
Business News

Trade ahead of crisis meeting: No Swedish phenomenon

Representatives of the food industry, who are invited to next week's crisis meeting, believe that they are already doing everything they can – and hope for understanding. It is not a Swedish phenomenon, says Karin Brynell, CEO of Svensk Dagligvaruhandel
These are the companies with the lowest confidence
Business News

These are the companies with the lowest confidence

Northvolt, Tesla, and H&M. These are some of the companies with the lowest confidence among Swedes, according to the latest confidence barometer
Axfood: Difficult to predict food prices
Business News

Axfood: Difficult to predict food prices

The low-price chain Willys continues to strengthen its market position. When it comes to food prices, there are many factors that can affect the future
Hybrid meat takes its place on store shelves
Sweden News

Hybrid meat takes its place on store shelves

Mixing minced meat with vegetables has become a hit. The new hybrid minced meat is cheaper, healthier, and more environmentally friendly
The Food Chain Gets a New CEO
Business News

The Food Chain Gets a New CEO

Small savers abandon Tesla and Ericsson
Business News

Small savers abandon Tesla and Ericsson

Small savers brought home the winnings in the price rockets Ericsson and Tesla. This is shown by new monthly statistics from Nordnet and Avanza
Gaming companies surged on report-heavy stock exchange
Business News

Gaming companies surged on report-heavy stock exchange

The Stockholm Stock Exchange fluctuated up and down on the season's most report-filled trading day. Upwards pulled the gaming company Evolution, while the major banks weighed down
New Axfood CEO Named Businesswoman of the Year
Business News

New Axfood CEO Named Businesswoman of the Year

Meal Boxes Being Discontinued and Merged
Business News

Meal Boxes Being Discontinued and Merged

New Billion-Loss - More Owner Capital to Mathem
Business News

New Billion-Loss - More Owner Capital to Mathem

Axfood CEO presents report with a setback
Business News

Axfood CEO presents report with a setback

The food concern Axfood falls hard on the Stockholm Stock Exchange after an interim report for the second quarter, down 8 percent. The unexpectedly weak result is primarily due to disruptions in logistics, according to outgoing CEO Klas Balkow
Competition Shrinks – Axfood Buys Citygross
Business News

Competition Shrinks – Axfood Buys Citygross

Food conglomerate Axfood, with Willys and Hemköp among the chains, is buying competitor Citygross. Fewer players are a risk for worse competition, according to the Competition Authority, which has analysed the food market over the past year in the wake of soaring prices
Axfood winner on struggling Stockholm stock exchange
Business News

Axfood winner on struggling Stockholm stock exchange

The Stockholm stock exchange fell on Tuesday. The broad OMXS-index decreased by 0
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