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Food giant: High energy prices eat into VAT reduction
Business News

Food giant: High energy prices eat into VAT reduction

Rising energy prices will eat into parts of the VAT reduction, according to food giant Axfood CEO Simone Margulies. How much depends on how things develop going forward, she says
Swedish Grocery Trade Association wants an age limit on energy drinks
Business News

Swedish Grocery Trade Association wants an age limit on energy drinks

The Swedish Grocery Trade Association is once again raising the issue of an age limit for energy drinks. The industry group wants legislation introduced
Cheese snacks recalled, may contain plastic
Sweden News

Cheese snacks recalled, may contain plastic

Axfood is recalling cheese snacks because they may contain plastic pieces.
Women beat men in the stock market
Business NewsTop News

Women beat men in the stock market

Female investors may not be as daring as their male counterparts. But the strategy has proven to be more successful - women generally perform better on the stock market
Axfood reports significantly increased operating profit of SEK 860 million
Business News

Axfood reports significantly increased operating profit of SEK 860 million

New billion-dollar dividends expected from stock market giants
Business NewsTop News

New billion-dollar dividends expected from stock market giants

Expect increased dividends in this year's flood of financial statements from listed companies over the coming weeks. We expect SEK 327 billion from the companies we monitor
Axfood invests billions in automation
Business News

Axfood invests billions in automation

Axfood has agreed to a billion-sek investment in a new logistics center in Kungsbacka, the food company writes in a press release.
Minced meat recalled – contains salmonella
Sweden News

Minced meat recalled – contains salmonella

Axfood is recalling imported mixed ground beef in one-kilo packages because it contains salmonella bacteria, the food giant writes in a press release.
One year after the tax – rush on plastic bags
Business News

One year after the tax – rush on plastic bags

A year ago, the tax on plastic bags was abolished. Since then, sales have increased significantly at the grocery giants, reports SVT Nyheter Jämtland
Axfood Reports Higher Profit and Revenue in Third Quarter
Business News

Axfood Reports Higher Profit and Revenue in Third Quarter

The food company Axfood, with the food chains Willys and Hemköp, reports an increased profit.
Food Chains in Sweden Promise Price Cuts with VAT Reduction
Business NewsTop News

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
Business NewsTop News

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
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