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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.

Swedish Food Giants Cite External Factors for Price Hikes Amid Tough Competition

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.

Dadgostar Urges Legislation to Tackle Soaring Food Prices in Sweden

Sweden Tackles Rising Food Costs: Government Meets with Industry Leaders

Today, the food giants are summoned to a new meeting with the government. A similar meeting was held two years ago.

Sweden Tackles Rising Food Costs: Government Meets with Industry Leaders

Ica's CEO on the Left Party leader's boycott: "Very sad"

Next week, a boycott of the major food retailers is being called for. Now, some of them are responding to the criticism.

Ica's CEO on the Left Party leader's boycott: "Very sad"

The Food Boycott Spreads on Tiktok - "On Their Knees"

Boycott the large food chains and their high prices. The call is spreading on social media, and the initiator believes she can make a difference.

The Food Boycott Spreads on Tiktok - "On Their Knees"

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.

Trade ahead of crisis meeting: No Swedish phenomenon

Crisis Meeting on Food Prices Next Week

When food prices rose two years ago, the government summoned the food giants. Now, a new crisis meeting is being planned for next week.

Crisis Meeting on Food Prices Next Week

New app helps you find the lowest food price

Food prices are skyrocketing again and now a new service is being launched where consumers can compare store prices. By scanning a food item, you can see the price at other stores.

New app helps you find the lowest food price

The Government Calls in Food Giants

The Government summons the food companies due to the soaring food prices. The Left Party leader Nooshi Dadgostar simultaneously joins the announced boycott of the food giants next week.

The Government Calls in Food Giants

Ica Group Sells Rimi Baltic for €1.3B to Focus on Sweden

The Ica Group is selling its wholly-owned daily goods business Rimi Baltic to Salling Group for 1. 3 billion euros, equivalent to 14.

Ica Group Sells Rimi Baltic for €1.3B to Focus on Sweden

The Principal: Together We'll Get Through This

On Monday, some of the training programs at Campus Risbergska started again. Amidst the sorrow, there is a striving for normality – even though life will not be the same as before.

The Principal: Together We'll Get Through This

Ica: This is why food prices are rising again

Inflation rises unexpectedly much in January and an important reason is higher food prices. Now there is a concern that the increase will continue.

Ica: This is why food prices are rising again

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.

These are the companies with the lowest confidence

Ica recalls "beef" - contains pork

Ica is recalling Ica Grytbitar of beef because the packaging contains pork but has been incorrectly labeled as beef, writes Ica in a press release. "At ICA, we perform thorough quality controls of all products we put on the market.

Ica recalls "beef" - contains pork

Ica CEO: "Continued strong focus on price"

The Ica Group reports a decreased profit but higher revenues. The customers' price focus in the grocery store is expected to continue.

Ica CEO: "Continued strong focus on price"

Shortage of Meat on Store Shelves – "A Challenge"

Around Sweden's food stores, the refrigerated shelves are empty - there is a shortage of beef. But don't worry, the problem will soon be solved.

Shortage of Meat on Store Shelves – "A Challenge"

The Stars' New App Competes with Instagram

Sweden's best cross-country skiers, with Frida Karlsson at the forefront, are involved in the launch of a new social media platform. The app allows fans to take part in the stars' lives behind the scenes.

The Stars' New App Competes with Instagram

Insider conspiracy investigated – decision on prosecution imminent

The preliminary investigation against four individuals suspected of gross insider crimes in 2021-2022, one of whom had a key position in market surveillance at Nasdaq Stockholm Stock Exchange, is complete. Charges may be brought at the beginning of 2025, according to the prosecutor.

Insider conspiracy investigated – decision on prosecution imminent

Ica expands recall of falukorv

Ica is expanding a recall of falukorv – as a precautionary measure, the company announces in a press release. The recall applies to Ica Falukorv (800-gram packaging), with best-before dates 10-12-2024 and 15-12-2024.

Ica expands recall of falukorv

Ica recalls cheese wrap – may contain celery

Ica is recalling Ica Wrap Norrländsk Grillost. According to a press release, the product may contain celery, which is an allergen.

Ica recalls cheese wrap – may contain celery

Ica recalls falukorv - may contain metal

Ica is recalling falukorv of its own brand after small metal pieces have been found in some sausages. The recall applies to Ica Falukorv (800-gram packaging) with best before dates 30-11-2024, 03-12-2024, and 08-12-2024.

Ica recalls falukorv - may contain metal

Ica recalls rocket salad – traces of salmonella

Ica is recalling rocket salad after the supplier found traces of salmonella during an internal sampling, writes Ica in a press release. The salmonella finding was made in a small part of the batch of rocket salad, but as a precautionary measure, all products with the same best-before date are being recalled.

Ica recalls rocket salad – traces of salmonella

Increased profit for Ica – "food prices in focus"

It's going well for Ica Group - profit and sales increase during the third quarter. According to CEO Nina Jönsson, they will continue to invest in food prices.

Increased profit for Ica – "food prices in focus"

New Axfood CEO Named Businesswoman of the Year

Axfood's new CEO Simone Margulies is appointed Årets Ruter Dam. The prize goes to the woman who during the year has taken the most influential executive position.

New Axfood CEO Named Businesswoman of the Year