Axfood
 |
 | |
 Headquarters in Solna, Sweden | |
| Company type | Public Aktiebolag |
|---|---|
| Nasdaq OMX Stockholm AB | |
| Industry | Retail |
| Founded | 1964 |
| Headquarters | Stockholm, Sweden |
Number of locations | 1,137 stores, of which 274 are Group-owned |
Area served | Sweden |
Key people | Klas Balkow (CEO) |
| Revenue |  €4.6 billion (2017) |
| Owner | Axel Johnson AB (51%) |
Number of employees | 9,903 (2017) |
| Website | axfood.se |
Axfood AB (Nasdaq Stockholm: AXFO) is a Swedish company. Formed in May 2000 through a merge between the Swedish grocery store chains Hemköp, D&D Dagligvaror, Spar Sverige, Spar Inn Snabbgross.
The Group's retail operations are conducted through the Willys, Hemköp and Axfood Snabbgross chains, comprising 300 group-owned stores in all. In addition, Axfood collaborates with a large number of proprietor-run stores that are tied to Axfood through agreements. These include stores within the Hemköp chain as well as stores run under the Handlar'n, Direkten and Tempo profiles. In all, Axfood collaborates with some 840 proprietor-run stores.
Wholesale business is conducted via Dagab and Axfood Närlivs. Axfood is listed on Nasdaq OMX Stockholm AB's Large Cap list. Axel Johnson AB is the principal owner with 50,1 percent of the shares.
Axfood's private labels consist of the Willys, Hemköp, Axfood Snabbgross, Garant, Eldorado (discount food brand), Såklart (body care, laundry and cleaning), Prime patrol (meat), Minstingen (baby products), Falkenberg Seafood (seafood products) and Fixa (kitchen supplies).
Axfood is a member of European Marketing Distribution, a European purchasing organization for grocery stores, and United Nordic.
Market shares and competitors[edit]
Axfood is Sweden’s second largest food retailer and has a 20% market share in Sweden.[1]
Main competitors: ICA, Coop, Citygross, Lidl, Netto
Sustanability and CSR[edit]
Axfood's sustainability and CSR work is based on its Code of Conduct and the company has numerous sustainability goals. The six central work areas are sustainable products, climate and energy, employees, transports, responsible suppliers and corporate social responsibility and influence.[2]
Axfood publishes a sustainability report every year. It includes information about the Group’s work towards achieving leadership in sustainable development, including targets, activities and results.
Corporate history[3]
1958 The grocer “Spik-Olle” opened the first Hemköp store.
1975 Willys’ predecessor, LL:s Livs started in 1975.
1986 Willy Schlees opened his first discount grocery store in Kungsbacka.
2000 Axfood was formed through the combination of Hemköpskedjan, Dagab and D-gruppen.
2008 The private label Garant was launched.
2014 Part owner of Urban Deli.
2016 Acquisition of Eurocash, 51%.
2017 Axfood acquired Mat.se and Middagsfrid.
References
- ^ "Axfood annual and sustainability report 2017" (PDF).
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Targets and results". Axfood. Retrieved 2018-03-04.
- ^ "Our history". Axfood. Retrieved 2018-03-04.
See also
External links
- Axfood - Official site
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