Inflation rises unexpectedly much in January and an important reason is higher food prices. Now there is a concern that the increase will continue. We are in a continued challenging situation, says Ica Sweden's CEO Eric Lundberg.
BusinessNorthvolt, Tesla, and H&M. These are some of the companies with the lowest confidence among Swedes, according to the latest confidence barometer.
BusinessThe Ica Group reports a decreased profit but higher revenues. The customers' price focus in the grocery store is expected to continue. Price will be extremely important also during this year, says the Ica Group's CEO Nina Jönsson.
BusinessAround 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. We will catch up, says Isabel Moretti, CEO of the organization Svenskt kött.
SwedenSweden'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 athletes share in the advertising revenue.
SportsThe 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.
BusinessIt'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. We will continue to focus on good prices, she says.
BusinessIca will continue to keep food prices down, but they dare not promise customers any price reductions ahead. We know that customers are having a tough time, says CEO Nina Jönsson.
BusinessEven this year, it will be difficult for surströmming enthusiasts to get hold of the fish. One of Sweden's food giants, Axfood, is stopping sales with reference to the World Wildlife Fund (WWF). Ica and Coop are choosing to sell – but are warning of a shortage.
SwedenThe Social Democrats want to increase competition in the food market to push down food prices. Stricter requirements must be imposed on wholesalers, according to the party.
SwedenFood 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.
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