Products containing Forbes Medi-Tech's Reducol plant sterols have
proved popular in Finnish supermarket Kesko - so much so that it is
expanding its Pirkko range to include a non-dairy margarine.
Kesko Food, part of the Finnish Kesko Group, and ICA Baltic AB, a
company belonging to the Swedish ICA AB Group, have signed an
agreement to set up a 50/50 joint venture for the Baltic food
market.
Swedish food retail and wholesale group Axfood is to supply a
further 105 convenience stores under the terms of a new agreement
worth SK100 million. Meanwhile, Finnish counterpart Kesko has
shrugged off a relatively poor performance...
Most of Europe's leading supermarket groups have published trading
figures in the last few weeks, covering both the key Christmas
period and the whole of 2003. Today we look at three more groups,
based in the UK, Finland and...
Two of Scandinavia's leading retail groups announced last week that
they were to form a new joint venture in Latvia, Lithuania and
Estonia prior to those three countries joining the EU in May next
year.