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S-Group
The S Group (, ) is a Finnish retailing cooperative organisation with its head office in Helsinki. Founded in 1904, it consists of 19 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 and Estonia. The S Group also had businesses in Latvia and Lithuania, but announced withdrawal from these markets in May 2017. It also withdrew from the Russian market in 2022. 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 signif ...
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Prisma (chain Store)
Prisma is a Finnish chain of hypermarkets belonging to S Group. In Finland there are currently 74 stores in 51 different cities. The first Prisma store opened in Jyväskylä in 1972. In addition to food and groceries, Prisma's selection includes a wide collection of clothing, sporting goods, books, toys, entertainment and home accessories. Prisma's main competitor in Finland is Kesko's ''K-Citymarket'' chain. Prisma also has 14 hypermarkets in and around 5 cities in Estonia. The chain has also had stores in Latvia and Lithuania, but they were closed in 2017. On March 4, 2022, Prisma's owner, the S-Group, announced the closure of all Russian operations. History In the past, the S Group's hypermarkets differed a lot from each other, as the cooperatives were allowed to choose their own concept. The names Sokos-market and Prisma, among others, were used. The S Group's first hypermarket, at the time called Sokos Market, was founded in 1971 along Tampereentie in Turku, but the followi ...
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Finland
Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, opposite Estonia. Finland has a population of 5.6 million. Its capital and largest city is Helsinki. The majority of the population are Finns, ethnic Finns. The official languages are Finnish language, Finnish and Swedish language, Swedish; 84.1 percent of the population speak the first as their mother tongue and 5.1 percent the latter. Finland's climate varies from humid continental climate, humid continental in the south to boreal climate, boreal in the north. The land cover is predominantly boreal forest biome, with List of lakes of Finland, more than 180,000 recorded lakes. Finland was first settled around 9000 BC after the Last Glacial Period, last Ice Age. During the Stone Age, various cultures emerged, distinguished by differen ...
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Loyalty Card
A loyalty program or rewards program is a marketing strategy designed to encourage customers to continue to shop at or use the services of one or more businesses associated with the program. Single-company vs. coalition programs Loyalty programs may be either: * Single-brand programs, which may be for all stores owned by a company, such as Target, or branded stores which may be corporate-owned and franchised to independent business owners, such as McDonalds. *Single-corporation programs, such as the joint Gap Inc. program, work at the stores and digital channels of Gap, Banana Republic, Old Navy, and Athleta, which are all owned by Gap Inc. *Coalition loyalty programs, provide benefits to customers of multiple otherwise-unrelated businesses. Examples include Rakuten Rewards which, in the U.S. offers cashback at more than 3,500 stores and Air Miles which awards points for purchases from multiple merchants in each market it serves (Canada, The Netherlands, Bahrain, Qata ...
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Oligopoly
An oligopoly () is a market in which pricing control lies in the hands of a few sellers. As a result of their significant market power, firms in oligopolistic markets can influence prices through manipulating the supply function. Firms in an oligopoly are mutually interdependent, as any action by one firm is expected to affect other firms in the market and evoke a reaction or consequential action. As a result, firms in oligopolistic markets often resort to collusion as means of maximising profits. Nonetheless, in the presence of fierce competition among market participants, oligopolies may develop without collusion. This is a situation similar to perfect competition, where oligopolists have their own market structure. In this situation, each company in the oligopoly has a large share in the industry and plays a pivotal, unique role. Many jurisdictions deem collusion to be illegal as it violates competition laws and is regarded as anti-competition behaviour. The EU com ...
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Klaukkala
Klaukkala (; , ) is the southern-most Urban areas in Finland, urban area () of the Nurmijärvi municipality in Uusimaa, Finland, located near Valkjärvi (lake), Lake Valkjärvi. It is the largest urban area in Nurmijärvi, and despite the fact that it officially has the status of a village, it is often mistakenly thought to be a separate List of cities in Finland, town due to its size and structure. In the 2010s, Klaukkala's urban area grew to be part of the larger Helsinki urban area. Klaukkala has a population of over 20,000 and is the fastest-growing area of Nurmijärvi; almost half of the total population of the municipality lives in Klaukkala. Its population began to rise in the 1960s, when it surpassed the Nurmijärvi (village), church village of Nurmijärvi. In the 1970s, Klaukkala also grew larger than Rajamäki (village), Rajamäki, which until then was the largest of Nurmijärvi's villages. At that time, Klaukkala's population was over 2,500. Klaukkala has significant Hu ...
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Greater Helsinki
Helsinki metropolitan area (, ) or Greater Helsinki (, ) is the metropolitan area around Helsinki, the capital city of Finland. It also includes the smaller Helsinki capital region, capital region. The terms Helsinki metropolitan area, Greater Helsinki, Capital region and the other terms used are not fixed and may vary in different contexts. The metropolitan region is the largest Urbanization, urbanised area in the country with a population of approximately million () and is by far the most important economic, cultural, and scientific region of Finland. Five of Finland's 14 List of universities in Finland, universities,These are Aalto University, the University of Helsinki, the University of the Arts Helsinki, the Hanken School of Economics, and the National Defence University (Finland), National Defence University. and six University of applied sciences (Finland), universities of applied sciences are located in the metropolitan area, as are most of the headquarters of major com ...
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Alepa
Alepa is a grocery shop chain in the Greater Helsinki region of Finland. It is currently owned by HOK-Elanto, a part of the nationwide cooperative S Group. Alepa was founded in 1918, when Edvard Pajunen and his wife founded a shop in Sörnäinen, Helsinki. The original name of Alepa was Alennushalli Pajunen (Pajunen's Discount Hall), named after the founder. The Pajunen family sold the chain to HOK in 1987. As of May 2017, the chain includes 112 stores in Helsinki, Espoo, Vantaa, Hyvinkää, Kerava, Klaukkala, Järvenpää and Tuusula. Outside of this region, the S Group uses the brand Sale for similar stores. Alepa is a prominent supermarket chain in Finland, primarily serving the Helsinki metropolitan area. It is known for its convenient, local presence, often operating with extended hours, sometimes even around the clock. Alepa is part of the larger S Group, a Finnish cooperative that operates across various sectors , 4 History Alepa's origins trace back to 1918 when Edv ...
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Sale (chain Store)
Sale () is a grocery shop chain in Finland, owned by the S Group. The chain was founded in 1989, when the S Group had begun to consolidate its stores under national chains. Initially, the chain was called ''S-ale''. Before that, Sales replaced the former small S-stores that were not part of any chain. As of 2024, the chain has 300 stores in Finland. Sale's stores are typically located in the countryside, small towns and suburbs, however it is not uncommon to see them in larger cities, like Jyväskylä and Kuopio. The stores have a range of 1,700-3,000 products, mainly focused on food and hygiene products. In the Helsinki metropolitan area Helsinki metropolitan area (, ) or Greater Helsinki (, ) is the metropolitan area around Helsinki, the capital city of Finland. It also includes the smaller Helsinki capital region, capital region. The terms Helsinki metropolitan area, Greater H ..., the S Group uses the brand Alepa for similar stores. References External links Sale's ...
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Supermarket
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket 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 store, big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, Dairy product, dairy, Delicatessen, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenwa ...
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Prisma Viikki
Prisma or PRISMA may refer to: Media * ''Prisma'', 2019 album by Beret * ''Prisma'', 2013 album by Motel * ''Prisma'' (magazine), 1930s Catalan magazine * Prisma (typeface), a typeface designed by Rudolf Koch * Prisma (app), a photo editing software * Prisma+, a Greek television channel * Prisma, character from ''Sofia the First'' * ''Prisma'' (East German TV programme), current affairs television program in East Germany * ''Prisma'' (TV series), a 2022 Italian Amazon Prime Video original program Organisations * Prisma (chain store), a Finnish hypermarket chain, part of S Group * Prisma Energy International, an American company * ''Prisma Presse'', a French publisher, subsidiary of Gruner + Jahr Outer space * Prisma (satellite project), a Swedish satellite project. * PRISMA (spacecraft), an Italian space project * 1192 Prisma, a minor planet Other uses * Chevrolet Prisma (other), two models of sedan car * Preferred Reporting Items for Systematic Reviews and Meta- ...
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Parliament Of Finland
The Parliament of Finland ( ; ) is the Unicameralism, unicameral and Parliamentary sovereignty, supreme legislature of Finland, founded on 9 May 1906. In accordance with the Constitution of Finland, sovereignty belongs to the people, and that power is vested in the Parliament. The Parliament consists of 200 members, 199 of whom are elected every four years from 13 multi-member districts electing 6 to 37 members using the proportional D'Hondt method. In addition, there is one member from Åland. Legislation may be initiated by either the Finnish Government, Government or one of the members of Parliament. The Parliament passes legislation, decides on the state budget, approves international treaties, and supervises the activities of the government. It may bring about the resignation of the Finnish Government, override presidential vetoes, and alter the constitution. To make changes to the constitution, amendments must be approved by two successive parliaments, with an election c ...
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