M Chain
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M Chain
M-Market is a Finnish grocery store chain. The chain was founded by independent retailers in 2006, which was created as a result of cooperation between retailers who opposed the sale of Spar Finland to SOK and resigned from the chain. The M-chain's grocery sales (incl. consumer good A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, bu ...s) were approximately EUR 98 million in 2015, when the chain's market share of the Finnish grocery trade was estimated at a total of 0.6%. The M-chain's stores are approximately 200–2,500 m2 in size. The first M-Market stores opened their doors at the beginning of 2006, when 16 stores joined the chain. At the beginning of 2007, the chain already had 50 stores. When the Siwa chain's stores were sold in 2017, 14 new stores were added to the M chain. To ...
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M Janne Market In Ekenäs, Raseborg
M, or m, is the thirteenth Letter (alphabet), letter in the Latin alphabet, used in the English alphabet, modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is English alphabet#Letter names, ''em'' (pronounced ), plural ''ems''. History The letter M is derived from the Phoenician alphabet, Phoenician Mem, via the Greek alphabet, Greek Mu (letter), Mu (Μ, μ). Semitic alphabets, Semitic Mem is most likely derived from a "Proto-Sinaitic script, Proto-Sinaitic" (Bronze Age) adoption of the N-water ripple (n hieroglyph), "water" ideogram in Egyptian hieroglyphs, Egyptian writing. The Egyptian sign had the acrophonic value , from the Egyptian word for "water", ''nt''; the adoption as the Semitic letter for was presumably also on acrophonic grounds, from the Semitic languages, Semitic word for "water", '':wikt:Reconstruction:Proto-Semitic/maʾ-, *mā(y)-''. Use in writing systems The letter represents the ...
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Grocery Store
A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, and is not used to refer to other types of stores that sell groceries. In the UK, shops that sell food are distinguished as grocers or grocery shops (though in everyday use, people usually use either the term "supermarket" or a "corner shop" or "convenience shop"). Larger types of stores that sell groceries, such as supermarkets and hypermarkets, usually stock significant amounts of non-food products, such as clothing and household items. Small grocery stores that sell mainly fruit and vegetables are known as greengrocers (Britain) or produce markets (U.S.), and small grocery stores that predominantly sell prepared food, such as candy and snacks, are known as convenience shops or delicatessens. Definition The definition of "grocery st ...
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Retailer
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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SPAR (retailer)
SPAR, originally DESPAR, styled as DE SPAR, is a Dutch multinational that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, and consists of 13,623 stores in 48 countries. The company's name is an acronym of the slogan ''"Door Eendrachtig Samenwerken Profiteren Allen Regelmatig"'', which was used by van Well to describe the brand and translates as "All Benefit from Joint Co-operation Regularly". Its headquarters are located in Amsterdam. The company operates a partnership programme and has a presence in most European countries, as well as many others throughout Asia, Africa and Oceania. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Etymology The name was originally DESPAR, an acronym of the Dutch phrase ( en, "through united co-operation everyone regularly profits"). The ac ...
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S Group
The S Group ( fi, S-ryhmä, sv, S-gruppen) is a Finnish retailing cooperative organisation with its head office in Helsinki. Founded in 1904, it consists of 20 regional cooperatives operating all around Finland in addition to SOK, ''Suomen Osuuskauppojen Keskuskunta'' (The Central Finnish Cooperative Society). S Group operates in the markets for groceries, consumer durables, service station, hotel and restaurant services. It is engaged in close competition with Kesko, with which it shares an oligopolistic position in many of the markets it operates in. The group has businesses in Finland, Estonia, and Russia. The S Group also had businesses in Latvia and Lithuania, but announced withdrawal from these markets in May 2017. The organisation's member (loyalty) card is called ''S-Etukortti''. Ownership A client can invest a small sum on the local co-operative and become a client-owner. (The exact sum is decided by the local co-operative board and varies significantly dependin ...
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Consumer Good
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as ''services''. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods. Law There are legal definitions. For example, the United States' Consumer Product Safety Act has an extensive definition of consumer product, which begins: CONSUMER PRODUCT.--The te ...
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Kauppalehti
''Kauppalehti'' (Finnish: "Trade Newspaper") is a commerce-oriented newspaper published in Helsinki, Finland. The paper has been in circulation since 1898. History and profile ''Kauppalehti'' was established by the Finnish Businessmen's Association in 1898. Since 1919 the paper is published five or six times per week. ''Kauppalehti'' is owned by the Business Information Group of Alma Media and is based in Helsinki. The sister papers of ''Kauppalehti'' are ''Iltalehti'' and ''Aamulehti''. Their publisher is the Kustannus Oy Kauppalehti, and ''Kauppalehti'' is published in tabloid format. In 2002 ''Kauppalehti'' began to offer a supplement, ''Saldo'', together with the magazine ''Tekniikka ja Talous''. The paper published a Saturday supplement, '' Presso'', from October 2004 to December 2007. ''Kauppalehti'' is the first Finnish newspaper which launched paywall A paywall is a method of restricting access to content, with a purchase or a paid subscription, especially news. B ...
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Cooperatives In Finland
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and man ...
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Supermarkets Of Finland
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday U.S. usage, however, "grocery store" is synonymous with supermarket, and is not used to refer to other types of stores that sell groceries. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, etc. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell other household products that are consumed regularly, such as alcohol (where permitted), medicine, and clothing, and some sell a much wider range of non-food products: DVDs, sporting equipment, board games, and seasonal it ...
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