Swedish retailer Axfood saw its profits increase in 2012 but CEO Anders Strålman expressed dissatisfaction with the company's like-for-like sales. Axfood booked a 4.5% rise in profit after tax to SEK895m. Impairment costs at its ...
Axfood has launched a loyalty programme at its discount food format, Willys. According to the company, it is the first loyalty scheme offered by a discount retailer in Sweden. The move marks a shift away from "traditional mass direct ...
Tags: Axfood, food format, discount retailer
Swedish retailer Axfood has booked drop in third-quarter profits as earnings were hit by costs related to store closures. In the three months to the end of September, profit after tax fell 0.7% to SEK265m (US$39.7m), which Axfood ...
Tags: Axfood, Q3 profit, costs, store closures
Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures. In the six months to the end of June, profit after tax amounted to SEK403m (US$57.5m), a ...
Tags: Axfood, H1 Profit, increase, customer numbers